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Black Book: Weekly Market Updates

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.

June 22, 2021

Average New-Vehicle Prices Rise More Than $2,000 from Last Year, Hitting All-Time Record High for May
Help Wanted: U.S. Automobile Dealers Struggle to Hire Employees While Business Booms
Credit Application 101

Credit Application 101

A compliant credit application process is a pivotal part of the job. Do not let the process slip or a dealership could find themselves in some deep water.

June 22, 2021

F&I Tip of the Week: Getting Comfortable with Video
Keeping Savvy Techs Under the Hood and Happy

Keeping Savvy Techs Under the Hood and Happy

Finding new techs is hard work, costly, and time consuming. Find out why employees leave and learn from the mistakes of others to keep from losing good, hard-working employees.

June 19, 2021

Consumers Shift Spending to Services
myKaarma Acquires Pocket Expert
Sedgwick Grows Automotive Claims Solutions with Two Strategic Acquisitions
When You Realize You’re the Problem…
National Auto Care Selected by Kawasaki Motors Corp., U.S.A. as a New Provider for Preferred Protection Plus Programs
Nissan Slows Production Amid Chip Woes

Nissan Slows Production Amid Chip Woes

Nissan will suspend production of the Murano, Leaf and Maxima at its Smyrna, Tennessee, plant for four additional weeks after its summer shutdown ends.

June 16, 2021

F&I Product Survey Shows How the Pandemic Has Altered the Way Dealers Offer F&I Options to Customers Today
Unified Office Launches Automotive Dealer Performance Suite at Digital Dealer Conference
Black Book: Weekly Market Updates

Black Book: Weekly Market Updates

The May Retention Index showed another increase and broke yet another record, reaching 159.6 points, a 7.1 point (or 4.7%) increase from April (152.4).

June 15, 2021