Black Book Market Update
Car segment gains ticked up slightly this past week (+1.25%) compared to the week prior (+1.17%).
May 11, 2021
Car segment gains ticked up slightly this past week (+1.25%) compared to the week prior (+1.17%).
May 11, 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
The Toyota brand led the latest signs of a recovering and booming market with the automaker putting its preliminary seasonally adjusted, annualized rate of sales at 17.8 million.
May 3, 2021
Honoring new-vehicle brands, models with lowest projected ownership costs to help shoppers save money.
April 28, 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
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
The automotive retailer’s Q1 2021 adjusted earnings skyrocketed 207% year over year with adjusted earnings of $2.79 per share.
April 22, 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
History Adjusted Residual Values are an industry first.
April 21, 2021
Top concerns of returning to the office include COVID-19 exposure, less work flexibility, worse work-life balance.
April 20, 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
A study by CarGurus Inc. released this week finds Americans may need less encouragement than originally believed to make the switch to electric cars and trucks.
April 16, 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