Used Vehicle Retention Index Shows Another Increase
The Black Book April Retention Index broke yet another record, reaching 152.4 points.
May 6, 2021
The Black Book April Retention Index broke yet another record, reaching 152.4 points.
May 6, 2021
As the semiconductor shortage slashes vehicle production, rental car companies are taking extreme measures to bolster their fleets. The businesses are buying used vehicles at auction.
May 5, 2021
Retail inventory levels, new and used, continue to be a challenge and the limited availability of quality vehicles in the wholesale market is also proving to be a challenge for buyers.
May 4, 2021
Enriched features help dealers save time, puts account information at their fingertips.
May 3, 2021
The Cox Automotive Industry Insights team is forecasting a sales pace of 16.5 million in April, down from the surprise 17.7 million in March, but a healthy number nonetheless.
April 28, 2021
In addition, Quantum5 will acquire Dave’s successful Fixed Ops Mastermind and Vision and Values Coaching brands enabling him to carry on his vision.
April 27, 2021
Inventory levels continue to be tight, both in the new and used retail markets, as well as the wholesale market, further fueling the price required to source used inventory.
April 27, 2021
Fixed Ops 5 will focus on the customer experience in the service drive, profitability opportunities and fixed operation of dealerships.
April 26, 2021
This month, tens of millions of federal stimulus checks hit bank accounts across the country. If last year is any guide, many of those will wind up being used to buy powersports vehicles of one type or another.
April 22, 2021
Catalytic converter replacements most common as average vehicle age increases.
April 21, 2021
History Adjusted Residual Values are an industry first.
April 21, 2021
The market continues to increase, but the rate of weekly gains has slowed while still remaining at levels that would be record-setting by any historical comparisons.
April 20, 2021
While most luxury car lease payments decrease monthly rates, select SUVs greatly increase rates.
April 20, 2021
With advanced analytical insights, dealers and lenders have more power to reach consumers on a personalized level while also protecting against the threat of fraud.
April 19, 2021
The Biden Administration has bipartisan support to contribute $50 billion for semiconductor manufacturing and research, but where the funds will go remains subject of debate.
April 15, 2021