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Newsby StaffApril 11, 2022

After Slow First Quarter, Manheim Forecasts Used-Vehicle Market to Accelerate in Months Ahead

Manheim Market Report values saw weekly price increases that accelerated in each full week of March after the first week saw the smallest decline thus far this year.

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ArticlesApril 7, 2022

How to Survive the Safeguards Rule

While an F&I agency would likely have access to consumer information both less in quantity and sensitivity than what a dealership possesses, the information it does have can be misused and needs to be protected.

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Newsby StaffApril 7, 2022

GM and Honda to Collaborate on Affordable EVs

General Motors and Honda Motor Co. announced plans to develop a line of affordable electric vehicles (EVs) with a focus on compact crossovers.

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Newsby StaffApril 7, 2022

COVID-19 Shutters Production in China

Tesla Inc. has had to shut down its plant in Shanghai for a total of 12 production days in recent weeks because of China’s COVID-19 lockdowns.

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Newsby StaffApril 6, 2022

Black Book’s Used Vehicle Retention Index Drops for the First Time Since July of 2021

The seasonally adjusted Retention Index went down to 187.7 points in March 2022 as modified Spring arrives late.

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Newsby StaffApril 6, 2022

NADA Market Beat: Supply Chain Disruptions Suppress New Light-Vehicle Sales

The month’s SAAR totaled 13.3 million units, down from 14 million in February and off 24.4% from March 2021’s SAAR of 17.6 million units.

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Newsby StaffApril 6, 2022

Microchip Shortage Takes Big Toll on North America, Europe

Auto manufacturing facilities in North America and Europe continue to lose production time over the lingering global microchip shortage, now well into its second year.

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Newsby StaffApril 5, 2022

Auto Dealership Buy/Sell Transactions Soar in 2021 with Record Dealership Valuations, Revenue, and Profits, Accelerating Industry Consolidation

Unprecedented 383 transactions completed in 2021, representing 830 franchises, nearly three times the pre-pandemic average, according to The Blue Sky Report by Kerrigan Advisors.

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ArticlesApril 4, 2022

Ways to Make Them Stay: Employee Retention Planning

One thing is for certain, no longer is work just work — it’s work with a purpose.

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ArticlesMarch 31, 2022

Leading Through Acquisition Transitions: Why Culture Matters in M&A

Company culture will need to be addressed during the M&A process, and will require integration, which involves combining the values of more than just your company.

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