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Newsby StaffFebruary 22, 2023

Modest Gains in February New Vehicle Sales

Cox Automotive forecasts sales will increase nearly 4% from 2022 and from January 2023.

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Newsby StaffFebruary 21, 2023

Black Book: Weekly Market Report

Now in week three of February, we continue to see the wholesale market improving.

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Newsby StaffFebruary 21, 2023

Leasing Down, Causing a Domino Effect of Issues

TransUnion report shows pandemic-caused drop from 31% to 17%.

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Newsby StaffFebruary 16, 2023

Experian Releases Used EV Finance Data

Consumers financed more than 91,000 used electric vehicles (EVs) in 2022, up 45% from 2021, according to Experian data.

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Newsby StaffFebruary 14, 2023

5 Automakers Handled Half of All EV Sales in 2022

According to EV-Volumes data, from Jose Pontes, five OEMs handled more than half of all EV sales.

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Newsby StaffFebruary 10, 2023

Car Loan Credit Access Tightens in January

Hits 2 ½-year low. Subprime, negative-equity shares fall.

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Newsby StaffFebruary 8, 2023

Supply Chain Disruptions Affected Volkswagen Cash Flow in 2022

Volkswagen AG reported its cash flow fell short of expectations as supply chain snags led to higher unsold inventory at year’s end.

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Newsby StaffFebruary 7, 2023

Black Book: Weekly Market Report

The reduction in weekly depreciation that started a couple of weeks ago continued again last week, with the market reporting the lowest overall depreciation we have seen since the end of June 2022.

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Newsby StaffFebruary 6, 2023

Vehicle Affordability a Growing Problem

Dealers report elevated prices, a lack of affordable vehicle models, and higher interest rates are pricing many consumers out of new cars.

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Newsby StaffFebruary 3, 2023

Gubagoo Boosts Virtual Retailing Platform, Increases Flexibility

Integrations between Gubagoo Virtual Retailing and KBB ICO now live for dealers seeking to harness the combination.

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