Black Book: Weekly Market Report
Values aren’t showing any signs of slowing down, with most expecting this strength to last through the traditional Spring selling season.
Values aren’t showing any signs of slowing down, with most expecting this strength to last through the traditional Spring selling season.
Production cuts because of a shortage of microchips slow.
Ford Motor Co. partners with chip maker GlobalFoundries to address the auto industry’s semiconductor supply shortfalls.
Sales is entrepreneurship, and your pipeline is your business — you should be reviewing and analyzing this on a regular basis to grow your business.
The J.D. Power U.S. ALG Residual Value Awards are the automotive industry standard in recognizing vehicle models projected to hold the highest percentage of their manufacturer’s suggested retail price.
Highlights include a significant spike in dealership profits and skyrocketing demand from dealership groups that want to acquire more stores.
The 2021 Cox Automotive Path to EV Adoption Study provides a look at the major consumer barriers that continue to slow EV adoption.
Calendar year 2021 has not had typical seasonality patterns as the market has had rapid increases in wholesale values for the majority of the year.
Dealers can boost electric vehicle sales when they take an educational stance with consumers.
Ford CEO Jim Farley wants to maintain the company’s build-to-order strategy after the chip shortage ends. Will consumers adapt?
J.D. Power reports metrically measured customer satisfaction with their automotive purchases remains at 789 points (on a 1,000-point scale), the same as in 2020.
Porsche and GMC rank highest in respective segments.
We have now had ten consecutive weeks of wholesale value increases, during a time that traditionally experiences large week-over-week declines.
Parts manufacturers rely on magnesium from China to help reduce vehicle weights. But China’s current magnesium output is at 50% of normal levels.
A key priority in the bill is spending $7.5 billion to build a national network of 500,000 electric vehicle (EV) charging stations.
Kelley Blue Book editors rank and comment on the 10 Best Back-to-School Cars for 2019, all starting at around $20,000 or less and still available on new-car lots.
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