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Newsby StaffMay 6, 2021

All-Time Highs Show Dealers are Making the Most of Manheim’s Connected Digital and Physical Marketplace

Data shows strength in dealers bidding and buying across physical locations, Simulcast, Manheim Express, Manheim.com and OVE.

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Newsby StaffMay 6, 2021

NXCR and J.D. Power Announce Strategic Alliance

The intent of the alliance is to give consumers more flexible choices when making vehicle purchase decisions.

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Newsby StaffMay 6, 2021

Cynthia Caine Named as Head of Wells Fargo Commercial Auto Group

Finance industry veteran brings decades of dealer-focused experience to the management role.

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Newsby StaffMay 5, 2021

Rental Car Companies Scoop Up Used Cars as Chip Crisis Worsens

As the semiconductor shortage slashes vehicle production, rental car companies are taking extreme measures to bolster their fleets. The businesses are buying used vehicles at auction.

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Newsby StaffMay 4, 2021

Weekly Market Update Report

Retail inventory levels, new and used, continue to be a challenge and the limited availability of quality vehicles in the wholesale market is also proving to be a challenge for buyers.

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Newsby StaffMay 3, 2021

NextGear Capital’s Enhanced Account Portal Makes Floor Planning Easier for Independent Dealers

Enriched features help dealers save time, puts account information at their fingertips.

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Newsby StaffMay 3, 2021

Toyota, Kia, Honda and Hyundai Sales Soar After Pandemic Slip

The Toyota brand led the latest signs of a recovering and booming market with the automaker putting its preliminary seasonally adjusted, annualized rate of sales at 17.8 million.

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Newsby StaffMay 3, 2021

Agent Summit Wants to Hear From You

The 2021 event will take place at the Bellagio Las Vegas, Aug. 29 – Sept. 1.

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Newsby StaffApril 28, 2021

Kelley Blue Book Names Winners of 10th Annual 5-Year Cost to Own Awards

Honoring new-vehicle brands, models with lowest projected ownership costs to help shoppers save money.

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Newsby StaffApril 28, 2021

Cox Automotive Update: Strong Retail Sales Forecast For April

The Cox Automotive Industry Insights team is forecasting a sales pace of 16.5 million in April, down from the surprise 17.7 million in March, but a healthy number nonetheless. 

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