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Fixed Opsby StaffJune 29, 2021

Millions Postponed Auto Loan Payments During Pandemic, But Most Loans are Current Today

TransUnion study finds borrowers used auto loan deferments as a safety net during the COVID-19 crisis.

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Dealer Opsby StaffJune 24, 2021

Honda Puts All Its Eggs in the EV Basket

The automaker declares 2040 as the date it will phase out gasoline-powered cars. 

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Auto Financeby StaffJune 24, 2021

Far Majority of Consumers in Accommodation Programs Continued to Make Payments

TransUnion research finds many consumers benefitted from leveraging financial hardship programs.

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Digitalby StaffJune 24, 2021

RouteOne and Tekion Announce Integrated Electronic Contracting and Signature Capabilities for Dealers

Tekion’s native Automotive Retail Cloud platform is now integrated to RouteOne’s credit application and eContracting solutions.

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Dealer Opsby StaffJune 23, 2021

New Car Registrations Show a Surge in EV Ownership

Electric vehicle registrations jumped 95% to 133,509 in January through April, compared to the same period in 2020.

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Auto Financeby StaffJune 22, 2021

Black Book: Weekly Market Updates

Wholesale prices remain strong, however there are signs of softening in the market this week, as prices of newer used vehicles seem to be hitting a ceiling.

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Auto Financeby StaffJune 22, 2021

Average New-Vehicle Prices Rise More Than $2,000 from Last Year, Hitting All-Time Record High for May

The estimated average transaction price for a light vehicle in the United States was $41,263 in May 2021, according to the analysts at Kelley Blue Book.

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Showroomby StaffJune 22, 2021

Help Wanted: U.S. Automobile Dealers Struggle to Hire Employees While Business Booms

A majority of dealership leaders – approximately 65% – report they plan to increase the total number of employees in the dealership this year.

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Dealer Opsby StaffJune 18, 2021

Consumers Shift Spending to Services

Retail sales dropped 1.3% in May, following a 0.9% gain in April, reported the U.S. Department of Commerce.

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Digitalby StaffJune 17, 2021

myKaarma Acquires Pocket Expert

Acquisition will increase myKaarma customer count by 550 dealerships.

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