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Newsby StaffJune 23, 2023

June, Q2 Sales Surge on Pent-Up Demand

Forecasts show high interest rates, prices still not dampening volume.

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Newsby StaffJune 22, 2023

Reynolds, Draiver Elevate Dealer-Customer Experience With Uber for Business

Companies aim to boost customer satisfaction scores and fixed operations revenue.

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Newsby StaffJune 22, 2023

CDK Report Shows New Dealer Tactics, Challenges

Trends highlighted in its 2023 Trendsetters Guide to Automotive Retail.

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Newsby StaffJune 22, 2023

Consumers Will Switch Brands for EVs

Lack of choice among reasons buyers try out makers they haven’t before, Edmunds survey finds.

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Newsby StaffJune 22, 2023

Ford JV Gets Major US Loan for Battery Plants

$9.2 billion will help fund three plants in the South in federal effort to increase EV supply chain in North America.

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Newsby StaffJune 21, 2023

Service Activity Spikes in May

Analysis of Xtime data showed increases in Repair Order Volume Index and the Repair Order Revenue Index.

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Newsby StaffJune 20, 2023

Black Book: Weekly Market Report

Sub-Compact Car reported the largest drop last week, down -0.75%. The prior week, the segment also had the largest decline for cars, with a decrease of -0.89%.

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Newsby StaffJune 20, 2023

2023 Dealers' Choice Awards: Submit Your Vote Today

Now in its 19th year, the online survey will remain open until June 30, 2023.

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Newsby StaffJune 15, 2023

Tesla’s EV Share to Drop, Says BofA

US market leader to lose dominance to legacy carmakers, bank predicts.

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Newsby StaffJune 15, 2023

Inventory Hits Two-Year High as Demand Falls

May supplies reached 1.96 million, well above a year earlier, though still under historical norms.

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