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Newsby StaffSeptember 22, 2022

Carmakers Face Supply Price Hikes

Ford isn’t alone in facing cost increases as manufacturers continue to deal with supply shortages.

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Newsby StaffSeptember 22, 2022

New-Vehicle Sales Healthy in First 6 Months

NADA numbers show sales prices rose, though volume was down due to inventory shortages.

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ArticlesSeptember 21, 2022

Why Are Soft Pulls So Effective Today?

Soft pulls can strengthen consumer confidence and trust in making the right decision, and since they aren’t locked into anything, they can resume shopping and even assess varying price ranges.

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Newsby StaffSeptember 20, 2022

Black Book: Weekly Market Insights

The wholesale market continued its decline last week, with the rate of decline remaining consistent with the past seven weeks.

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Newsby StaffSeptember 15, 2022

Cox Automotive: Estimated Monthly Used-Vehicle SAAR and Volume

The seasonally adjusted annual rate is estimated to be near 36.2 million, down from last August’s 40.8 million level and below July’s revised 38.3 million pace.

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Newsby StaffSeptember 15, 2022

Black Book’s Used Vehicle Retention Index Decreases Again in August

The Retention Index continues to decline in August, finishing the month at 184.0 points as consumer demand for used vehicles weakened.

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Newsby StaffSeptember 15, 2022

NADA Blasts FTC Over Proposed Dealership Rules

Draft regulations would target bait-and-switch price ads, misleading F&I practices, and valueless F&I products.

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Newsby StaffSeptember 14, 2022

Biden Announces Funds for EV Chargers at Auto Show

First $900 million coming to help 35 states build network of stations. President also promotes tax breaks to buy EVs built in North America.

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Newsby StaffSeptember 13, 2022

Black Book: Market Insights Report

The Estimated Average Weekly Sales Rate continued its descent, hitting 58% last week. The Estimated Average Weekly Sales Rate hasn’t been below 60% since February of 2021.

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Newsby StaffSeptember 7, 2022

Black Book: Weekly Market Report

The market saw continued declines last week, with the overall rate of depreciation being consistent with what we have experienced over the last five weeks.

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