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Black Book: Weekly Market Update

Black Book: Weekly Market Update

February was another record-breaking month, with the Retention Index reaching 130 points for the first time. All segments saw an increase in the Index with Full-Size pickups leading the way – that segment stands 23% higher than it was in February of 2020.

March 2, 2021

J.D. Power: Auto Dealers Give High Marks to Commercial Lenders, but Opportunities Exist to Expand Business Relationships
Global B2B Automotive Trading Platform TRADE X Secures New Growth Capital
Montway Auto Transport Launches Online Dealership Vehicle Home Delivery Service
TrueCar and GovX Partner to Launch New Auto Buying Program Powered by TrueCar Military
Enterprise Car Sales Streamlines Customer Experience with New Technology
Weekly Market Insights Report

Weekly Market Insights Report

With economic patterns driven by the pandemic, normal seasonal patterns in the wholesale market were not observed for most of the year. We saw a similar picture in 2009, at the end of the Great Recession.

February 23, 2021

BacklotCars and TradeRev Combine To Form Streamlined Dealer-to-Dealer Marketplace
DOWC® Announces Powerful ID Theft Protection Product
AIADA Names Kentucky Dealer Steve Gates as Chairman

AIADA Names Kentucky Dealer Steve Gates as Chairman

Gates – who is the owner of Gates Auto Family, which operates dealerships in Kentucky, Tennessee, and Indiana – accepted the chairman’s gavel as part of AIADA’s 51st Virtual Annual Meeting.

February 18, 2021

Auto/Mate Certified as a Volvo Dealership Management System Provider
Autotrader Announces Best New Cars for 2021 to Help Car Shoppers Find Their Perfect Match
Automotive Market Insights Report
Dent Wizard Expands Keys Business with VP of Key Operations
The World’s Top 10 Car Manufacturers Submitting the Most Patents