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Newsby StaffApril 27, 2022

Parts and Services Bounce Back

Most categories of dealership service and parts businesses have recovered from COVID-19 shutdowns, especially customer-pay work.

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Newsby StaffApril 27, 2022

GM Asks Suppliers to Sign Pledge to Carbon Neutrality

General Motors has requested its suppliers to sign a pledge of carbon neutrality and commit to social responsibility programs and sustainable procurement practices.

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Newsby StaffApril 27, 2022

Microchip Supply Shortage Continues to Hamper Vehicle Production

The ongoing microchip supply shortage has caused automakers to trim 87,500 more vehicles from their production forecasts, reports AutoForecast Solutions.

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Newsby StaffApril 26, 2022

ZeroSum Market First Report: April 2022 Automotive Inventory Data and Sales Forecasts

The consistency of new vehicle inventory levels over the last six months suggests that the industry is readjusting to a ‘new normal’ level of inventory while increasing vehicle prices indicate low inventory levels continue to generate strong gross for dealers and profit for OEMs.

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Newsby StaffApril 26, 2022

Cox Automotive: Car Buyers Report Higher Satisfaction When Using Digital Financing Tools

Cox Automotive has been researching the car-buying process for 12 years and, with the release of this new study, is diving into the financing aspect of the car buying process for the first time.

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Newsby StaffApril 26, 2022

NEW Providers-Only Session Announced: Managing Customer Service and Retention in a Work from Home Environment

The pandemic has accelerated the automotive industry, changing the face of how we do business, and it was necessary to adapt to a work from home environment.

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Newsby StaffApril 21, 2022

Wrapmate Unveils Commercial Dealership Program for Dealers Nationwide

Packed with Wrapmate's proprietary core technology, this program offers dealerships an end-to-end ordering platform that creates a seamless, digital experience for dealers to sell vehicle graphics of all sizes directly to customers at the point of vehicle purchase.

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Newsby StaffApril 20, 2022

Cox Automotive: 10 Takeaways from U.S. Auto Sales in Q1 2022

The team at Kelley Blue Book has assembled two broad reports from the first quarter: One is a look across industry-wide U.S. sales in Q1, the other a narrow review of electrified vehicle sales in the U.S., the combined sales of hybrids, plug-in hybrids and EVs.

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Newsby StaffApril 20, 2022

Autotrader Names 10 Best Electric Vehicles for 2022

To help car shoppers discern the best among all available new EVs, Autotrader has named the 10 Best Electric Vehicles for 2022. 

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Newsby StaffApril 20, 2022

CPO Sales Bested February Totals

The industry saw 14.3% month over month growth, but CPO sales still fell 23.3% short of 2021 sales for the same month.

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