GM Partners With Hertz to Up Loaner Pool at Dealerships
GM entered agreement with the rental car company to funnel more loaner vehicles to dealerships amid the global microchip shortage.
September 22, 2021
GM entered agreement with the rental car company to funnel more loaner vehicles to dealerships amid the global microchip shortage.
September 22, 2021
Traditionally, as we move past Labor Day, values begin to decline, with the largest portion of the yearly depreciation typically occurring in the fourth quarter. However, that is not the case this year, we’ve now had four consecutive weeks of overall market increases in wholesale values.
September 21, 2021
Current inventory levels rest at a 31-day supply for U.S. dealers, reports Cox Automotive subsidiary vAuto.
September 21, 2021
Auto dealership buy/sell market on path to most active year in history – 320 transactions June 2020 to June 2021.
September 20, 2021
The U.S. Commerce department reported the uptick of 0.7% in retail sales.
September 20, 2021
General Motors will extend production cuts at crossover, midsize pickup and sedan plants because of the semiconductor chip shortage but will resume full-size pickup production on Monday.
September 14, 2021
The companies sharply criticized a Democrat proposal in the U.S. House of Representatives to give union-made electric vehicles an additional $4,500 tax incentive.
September 14, 2021
Days-to-turn for used retail listings have been increasing, as retail demand softened over the last few weeks.
September 14, 2021
At $43,355, the average new-vehicle transaction price hit a record high in August 2021 for the fifth consecutive month, according to Kelley Blue Book.
September 14, 2021
More than a third of U.S. consumers are now considering an EV, according to new Ipsos data.
September 9, 2021
The countries are at odds over a USMCA requirement that auto manufacturers to meet a 75% threshold for North American content for vehicles to qualify for tariff-free trade within the region.
September 9, 2021
Though forecasts predict the global semiconductor shortage may not right itself until 2023, vehicle manufacturers express hope for improvement in Quarter 4.
September 9, 2021
The slowing auto market will lead Cox Automotive to revise downward its full-year new-vehicle sales forecast.
September 8, 2021
On a volume-weighted basis, the overall Car segment increased +0.18%. For reference, the previous week cars increased by +0.06%.
September 8, 2021
The seasonally adjusted Retention Index increased to 165.7 points, barely missing another record.
September 7, 2021
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