In the wake of COVID-19, dealers and F&I managers are wondering what continued impact this pandemic will have on the industry. Black Book’s SVP of data science and VP of automotive valuations, shared their analyses and predictions, of what you and other automotive executives may face as we move forward.
The latest measure shows values have never been higher, an indication there is rapidly growing demand for used-vehicle inventory.
Black Book recently published an update to their COVID-19 Market Updates.
Clients are now able to use tracking technology with enhanced capability when locating vehicles on lots.
U.S. Transportation Secretary, Elaine L. Chao, announced the first participants in a new automated vehicle initiative to improve safety, testing, and public engagement.