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Newsby StaffJune 14, 2022

Automaker Production Schedules Continue Freefall Due to Chip Shortage

The number of vehicles canceled from automaker production schedules worldwide due to the shortage now exceeds 2 million, according to AutoForecast Solutions.

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Newsby StaffJune 14, 2022

Automakers Urge Congress to Lift EV Tax Credit Cap

Automakers have urged Congress to lift a cap on the $7,500 electric vehicle tax credit.

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Newsby StaffJune 13, 2022

Black Book Used Vehicle Retention Index Jumps 3.4 Points

Index reverses a 3-month slide and increases to 188.8 points in May 2022 as tight new inventory and record low incentives push used wholesale prices up across most segments.

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Newsby StaffJune 9, 2022

Digital Air Strike Expands CX Inventory Merchandising Technology Solutions with Google Vehicle Ads

Dealerships dominate search and social platforms with Advanced Vehicle Details page, In-Market Shopper Targeting, and Real-time Available Inventory.

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Newsby StaffJune 9, 2022

CarOffer Launches PremiumXchange™, Creating the Largest Non-Affiliated Online Pre-Owned Vehicle Exchange Desk in the U.S.

Over 10,000 enrolled dealerships enabled to exchange vehicles at pre-determined prices.

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Newsby StaffJune 9, 2022

Brown & Brown Announces the Acquisition of Profits Creation Corp.

Profits Creation provides F&I products and sales support to automotive dealers across the southeast.

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Newsby StaffJune 8, 2022

New CarPlay Software Advances Apple’s Dashboard Capabilities

The CarPlay upgrade will move the software from an infotainment system to a software solution that lets drivers control parts of their vehicle and access more operational information.

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Newsby StaffJune 8, 2022

Total U.S. Automotive Aftermarket Sales Forecasted to Increase 8.5% in 2022

The Joint Channel Forecast Model details a strong aftermarket recovery coupled with indicators for continued growth.

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Newsby StaffJune 8, 2022

NHTSA Investigates Whether Ford Dealership Failed to Comply with Federal Safety Regulation

U.S. auto safety regulators investigate whether a New York Ford dealership delivered a new vehicle with an outstanding safety recall.

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Newsby StaffJune 7, 2022

Cox Automotive: Wholesale Used-Vehicle Prices Increase in May

All major market segments saw seasonally adjusted prices that were higher year over year in May, except for pickups.

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