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Black Book Market Update

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

RouteOne Announces Executive Promotions
AUL Corp Bolsters Executive Team
MUSA Auto Finance to Rebrand as DRIVRZ Financial

MUSA Auto Finance to Rebrand as DRIVRZ Financial

The company will continue growing its indirect lending business while also branching into direct-to-consumer financing, traditional retail financing, and lending across the full credit spectrum.

May 11, 2021

New Platform Features from Outsell Increase Customer Retention
Used Vehicle Retention Index Shows Another Increase
All-Time Highs Show Dealers are Making the Most of Manheim’s Connected Digital and Physical Marketplace
NXCR and J.D. Power Announce Strategic Alliance
Cynthia Caine Named as Head of Wells Fargo Commercial Auto Group
Rental Car Companies Scoop Up Used Cars as Chip Crisis Worsens
Weekly Market Update Report

Weekly Market Update Report

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

NextGear Capital’s Enhanced Account Portal Makes Floor Planning Easier for Independent Dealers
Toyota, Kia, Honda and Hyundai Sales Soar After Pandemic Slip
Kelley Blue Book Names Winners of 10th Annual 5-Year Cost to Own Awards
Cox Automotive Update: Strong Retail Sales Forecast For April