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Provides used car dealers with CARFAX vehicle history data to accurately appraise vehicles.
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PayLink Direct and Olive.com will become public as Olive Ventures Holdings, Inc.
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Manufacturers are entering commitments to produce more automotive-grade chips for automotive manufacturers that have idled production amid the shortage.
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First portal in industry to offer lease payoff capability.
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Used wholesale and retail prices are starting to stabilize in July (although at a remarkably high plateau), but new car sales are still on a rollercoaster as the chip shortage is finally showing up in the new sales numbers.
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Lease credit approvals reached 67.6% in June; down slightly from 69.9% in May.
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Key findings show increased optimism, revenues and customer counts, and a decrease in the negative effects of COVID.
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AutoNation predicts demand for new vehicles will continue into next year, as low-interest rates and robust demand helped the retailer boost quarterly earnings estimates.
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A Trump-era USMCA interpretation could subject used vehicles shipped to the U.S. to import fees.
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CULA posted its 9th consecutive record month, with more leases processed in May and June than in any other months in its history.
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