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Newsby StaffMay 25, 2021

Survey Finds One in Three Americans Likely to Consider an EV after Fuel Shortages on East Coast

The survey was conducted on May 13, a time of significant disruption and fuel shortage up and down the East Coast.

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Newsby StaffMay 25, 2021

Big 3 Takes Biggest Hit in Chip Shortage

The Detroit 3 has taken the biggest hit as automakers tweak production to manage the crisis.

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Newsby StaffMay 24, 2021

NextGear Capital Unveils First Floor Plan Designed Specifically For New Dealers

“First Gear” helps meet the challenges of getting a used car dealership up and running.

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ArticlesMay 24, 2021

How Will Retailers and OEMs Optimize their Summer Sales With Fewer Incentives? 

With inventories of cars and trucks in much shorter supply heading into holiday weekends like Memorial Day, this summer may look very different. Pent up demand makes it critical for dealers to be even more targeted in finding potential shoppers.

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Newsby StaffMay 21, 2021

Biden Pushes Faster Pace for Electric Vehicles at Ford Plant Visit

Biden stressed that the country needs automakers and other companies to keep manufacturing in America and “not take the benefits of our public investments and expand electric vehicles and battery manufacturing abroad."

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Newsby StaffMay 20, 2021

GM Dealers Now Benefitting from Time-Saving Dealer Vehicle Inventory Manager

GM dealers with websites powered by Sincro can now use Sincro Inventory Manager as an approved tool for seamlessly feeding data from more than 200 vendors into GM’s Dealer Digital Command Center.

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Newsby StaffMay 19, 2021

Auto Inventories Continue to Plummet

vAuto reports vehicle inventories dropped to 2.24 million vehicles in April, representing a 44-day supply.

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Newsby StaffMay 18, 2021

Black Book: Weekly Market Insights

New inventory is not expected to see improvement until the third quarter of this year, so values are expected to remain at elevated levels throughout the summer.

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ArticlesMay 17, 2021

3 Things Dealers Should Know About Managing Online Reputation

It’s more essential now than ever to capture customers as they’re starting the car buying process, and the first impression is happening online. It’s time to make sure yours is the best it can be.

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Newsby StaffMay 14, 2021

Soaring Used Car Prices Named as Key Reason for Skyrocketing Inflation

The Bureau of Labor Statistics reports the cost of previously owned sedans, pickups, and SUVs climbed 10% in April, accounting for over one-third of the 0.8% CPI increase.

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