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Newsby StaffOctober 5, 2021

Will GM’s Dominance End Over Chip Shortage?

GM sales fall short of Toyota Motor Corp. over two consecutive quarters.

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Newsby StaffSeptember 30, 2021

Average Age of Vehicles on the Road Increases

IHS Markit finds the average age of a car on U.S. roads rose to 12.1 years in 2021, up from 11.9 years in 2020. In comparison, the average age was 9.6 years in 2002.

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Newsby StaffSeptember 28, 2021

Black Book: Weekly Market Report

The market continued to make gains this past week, marking the fourth consecutive week of overall wholesale value increases.

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Newsby StaffSeptember 28, 2021

NADA Dealer Attitude Survey Moves Nissan Ranking Up

The automaker ranked 10 places higher than a year ago after easing up on its high-pressure sales program.

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Newsby StaffSeptember 28, 2021

Ford CEO Names Top Priorities for EVs

Ford Motor Co. President and CEO Chris Farley names making electric vehicles more affordable and mining battery minerals in the U.S. as top priorities.

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Newsby StaffSeptember 27, 2021

Automotive Forecast: New-Vehicle Sales Stall in September

Automobile sales in September are forecast to slow for the fifth straight month, as tight inventory, high prices take a toll on the industry.

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Newsby StaffSeptember 22, 2021

GM Partners With Hertz to Up Loaner Pool at Dealerships

GM entered agreement with the rental car company to funnel more loaner vehicles to dealerships amid the global microchip shortage.

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Newsby StaffSeptember 21, 2021

Inventory Slowly Bouncing Back as Demand Slows

Current inventory levels rest at a 31-day supply for U.S. dealers, reports Cox Automotive subsidiary vAuto.

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Newsby StaffSeptember 20, 2021

Record Profits, Cash Flow and Demand Drove Historic Valuations and Transactions in Q2 Auto Dealership Buy/Sell Market

Auto dealership buy/sell market on path to most active year in history – 320 transactions June 2020 to June 2021.

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Newsby StaffSeptember 20, 2021

U.S. Retail Sales Increase in August

The U.S. Commerce department reported the uptick of 0.7% in retail sales.

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