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Newsby StaffMay 18, 2022

Illinois Suspends Carvana Dealer License

The Illinois Secretary of State Police temporarily blocked Carvana’s dealer license for failing to properly transfer vehicle titles.

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Newsby StaffMay 18, 2022

With New-Vehicle Prices Climbing in April, Affordability Declines Further

New-vehicle affordability declined slightly in April despite revised data indicating stronger income gains, according to the latest Cox Automotive/Moody’s Analytics Vehicle Affordability Index.

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Newsby StaffMay 18, 2022

Attorney Generals Sue EPA over Clean Air Act Waiver

The challenge arises over the EPA decision to reinstate the waiver and withdraw its interpretation of the Clean Air Act that would prohibit other states from adopting California’s more stringent vehicle greenhouse gas emission standards.

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Newsby StaffMay 18, 2022

NADA Leads the Charge on Combatting Growing Problem of Catalytic Converter Theft

This week, NADA and 12 industry partners urged Congress to take up the PART Act to help fight catalytic converter theft, and specifically asked for the House Energy and Commerce Committee to hold a hearing on this important issue.

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Newsby StaffMay 18, 2022

Trade Groups Demand Action as Catalytic Converter Thefts Soar

The National Automobile Dealers Association and 12 other trade groups to urge Congress to advance a bipartisan bill to combat this rising threat.

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Newsby StaffMay 17, 2022

Black Book: Market Insights

The Estimated Average Weekly Sales Rate continues to increase and now is at 72%.

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Newsby StaffMay 12, 2022

Despite a Series of Challenges, Consumer Credit Health Remains Relatively Strong in Opening Quarter of 2022

Q1 2022 TransUnion Credit Industry Insights Report explores latest credit trends.

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Newsby StaffMay 9, 2022

Commercial Vehicle Data Shows Continued Buyer Challenges

While demand for commercial vehicle inventory remained high, several movements in the data indicated there are trends shaping the industry and driving buyer behavior. 

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Newsby StaffMay 5, 2022

Black Book’s Used Vehicle Retention Index Drops Again as Rollercoaster Ride Continues

The seasonally adjusted Retention Index went down to 185.4 points in April 2022 as high gas prices strengthen some segments and weaken others.

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Newsby StaffMay 4, 2022

Black Book: Weekly Market Insights

The Used Retail Days-to-Turn Estimate has continued to drop over the last few weeks and remains below 36 days.

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