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
Hurricane Ida damages vehicles at New Jersey and Louisiana dealerships.
September 9, 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
AutoPay+PERKS amplifies a dealer’s two biggest profit centers in one easy step.
September 7, 2021
August will be a fourth consecutive month of slowing sales and looks to be coming in even lower than our forecast of 1.2 million, a 9% decline from August 2020.
September 2, 2021
Haig Partners released its Q2 2021 Haig Report, a quarterly report that tracks trends in auto retail and how they impact dealership values.
September 1, 2021
The rate of depreciation has been slowing in recent weeks and this past week, the overall Car segment week-over-week change crossed back into positive territory, with six out of the nine Car segments reporting gains.
September 1, 2021
Company brings “modern retailing” approach to dealerships, launches e-learning platform and adds human resources, multichannel communication and cybersecurity tracks.
August 26, 2021
The entire Prime Automotive Group portfolio will be sold as a platform, hoping to close a transaction by year’s end.
August 26, 2021
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