Black Book: Weekly Market Update
Some segments were up while others fell, as the auction conversion rate rose 2% to 58%.
Black Book
Normals for the fall season ended a trend of variability in the wholesale market last week, though the decline was softer than the industry was accustomed to before the pandemic. Get the details in Black Book's weekly report.
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Hyundai Ventures Aim for Deeper AI Dive
The automaker announced partnerships with several technology industry leaders to pursue an ambitious plan for integrating AI into its manufacturing and well beyond automotive.
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Early Intervention Saves Retention
Sales and service departments have the highest annual dealership turnover rates, according to a new industry report, costing money and time that could be better spent elsewhere.
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California Hybrids Reach State Record
The Golden State still leads the country in electric-vehicle registrations, but much like the rest of the U.S. its hybrid market share is up while full electrics stabilize after a dramatic first-quarter dip.
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California Launches EV Rebate Program
Participating automakers are matching the state's $13.5 million investment in new electric-vehicle rebates scheduled to take effect later this summer.
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UN Advances Fully Autonomous Vehicle Framework
While such cars aren’t on the public market yet, the United Nations established a safety-focused regulatory framework that's endorsed by the U.S.
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Another Carmaker Embraces Robots
Mitsubishi and a Japan-based startup plan to make humanoids at a home-country factory to use in auto manufacturing and to sell to others.
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Auto Workforce Impacted by Skills Gaps
The transition to electric vehicles has impacted the automotive workforce in many ways, including the need for education and skills training on emerging technologies.
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Auto Group Transitions to Employee Ownership
An Ohio-based automotive group transitioned to 100% employee ownership, or an Employee Stock Ownership Plan, with the stated intent of supporting its legacy and growth.
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Amplify 2026 Billed as Turning Innovation Into Results
Reynolds and Reynolds says its annual retail summit will connect dealers with practical strategies, peer insight, and technology-driven ideas.
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Early Service Introductions
In this video, Josh Krach explains how early service introductions can help each department in the dealership.
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