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Market Insights from Black Book

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

Canada Suggests Proposed U.S. EV Tax Credit Will Harm North American Auto Industry
IHS Markit Predicts Production Highs in 2024
Nominations Open for F&I Pacesetters and 2021 Dealer of the Year
Cox Automotive: In Q3, Sales of Electrified Vehicles Surged Past 1 Million Units
Cox and LMC put Days' Supply of Inventory Below 1 Million Vehicles
Twinner Puts American Dealers on Equal Footing with E-Commerce Giants
How Automakers and Dealers are Weathering a Topsy Turvey Market
Reputation 2021 Automotive Report Unveils Rankings of Top Auto Brands, Dealerships and Dealer Groups
Specialty Market Update

Specialty Market Update

The biggest takeaway from this month’s value changes is that all the warm weather segments are down, most by substantial amounts. The only vehicles to see any upwards pricing pressure are the snowmobiles, which should be headed in that direction for the next several months, reports Black Book

October 7, 2021

Low Inventory Levels Drive Down September SAAR to 12.2 Million Units
Weekly Market Insights Report

Weekly Market Insights Report

As we move into the Fall season, wholesale prices began to show a positive movement once again and reached the highest point of the year last week.

October 5, 2021

Consolidation Continues with Asbury’s Pending Miller Acquisition
Will GM’s Dominance End Over Chip Shortage?
Average Age of Vehicles on the Road Increases

Average Age of Vehicles on the Road Increases

IHS Markit finds the average age of a car on U.S. roads rose to 12.1 years in 2021, up from 11.9 years in 2020. In comparison, the average age was 9.6 years in 2002.

September 30, 2021

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