Market Insights from Black Book
The lack of new inventory is continuing to drive up the demand for used vehicles, which in turn is forcing buyers to pay more week after week and leaving sellers wishing they had more to offer.
October 26, 2021
The lack of new inventory is continuing to drive up the demand for used vehicles, which in turn is forcing buyers to pay more week after week and leaving sellers wishing they had more to offer.
October 26, 2021
Letter penned by Canadian Trade Minister Mary Ng suggest proposed EV tax credits will harm North American auto industry and violate trade agreements.
October 26, 2021
IHS Markit forecasts lows in light-vehicle sales and production will give way to increases ahead.
October 26, 2021
As the automotive industry spins its wheels waiting for chips, analysts say the road to correcting the chip shortage won’t clear until at least 2022.
October 21, 2021
Presented by F&I and Showroom magazine and sponsored by Spectrum Automotive Holdings, the annual awards program recognizes dealerships with highly profitable F&I departments.
October 21, 2021
Mexico’s auto sector has criticized the move, saying it allows "car smuggling."
October 21, 2021
While sales of new vehicles declined 13.4% year over year in Q3 due primarily to low inventory and high prices, sales of electrified vehicles jumped by nearly 60%, according to an analysis by Kelley Blue Book.
October 20, 2021
New trend helps brands like Honda and Nissan see the value of modernizing their lease policies, reports Swapalease.
October 20, 2021
Traditionally, values would be declining this time of year, but the lack of inventory continues to be the most common sentiment for the increased auction activity pushing values up.
October 19, 2021
Global Data has downwardly revised its real GDP growth forecasts by 0.14 percentage points (pp) for Germany, 0.23pp for Japan, 0.45pp for the US and 0.25 for China.
October 19, 2021
Cox Automotive and LMC report new-vehicle inventories shrank to just over 915,000 in September and predict further shrinkage as production issues and supply shortages linger.
October 19, 2021
Automakers remain divided over the larger tax credit for EVs built in Union shops and other measures in the green energy plan.
October 13, 2021
Wholesale prices continued to gain momentum, with all segments reporting week-over-week increases last week.
October 12, 2021
BMW is faring better than GM, and car dealers are coping better than component suppliers.
October 12, 2021
Report finds that the industry continues to rely on technology and customer feedback to improve the increasingly digital car-buying experience.
October 11, 2021
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