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Newsby StaffDecember 22, 2021

COX AUTOMOTIVE: New-Vehicle Sales Gain Momentum but Not Enough for a December to Remember

So far the omicron variant has not impacted consumer sentiment or economic activity but creates some uncertainty as winter begins.

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Newsby StaffDecember 21, 2021

BLACK BOOK: Weekly Market Update

As calendar year 2021 comes to a close, wholesale prices continue to rise, and noticeable differences can be seen compared to prior calendar years.

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Newsby StaffDecember 21, 2021

Tight Inventories Cause Brand Loyalty to Dip

Short supplies of new vehicles drove a dip in consumer loyalty of over 3 percentage points, according to Experian.

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Newsby StaffDecember 21, 2021

Pent Up Demand to Boost 2022 New Car Sales

Edmunds predicts 15.2 million new cars sales in 2022, a 1.2% increase from its 2021 vehicle sales estimate.

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Newsby StaffDecember 20, 2021

Two More Automakers Cross Finish Line in Race to Fulfill Automatic Braking Pledge

Ford/Lincoln and Honda/Acura joined ten other automakers this year in fulfilling a voluntary commitment to equip nearly all the light vehicles they produce for the U.S. market with automatic emergency braking.

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ArticlesDecember 16, 2021

How to Sell Your Business

Jim Polley gives agents interested in selling some sales advice after selling his own business twice in the past 18 months and participating in over 25 successful mergers and acquisitions over the last six years.

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Newsby StaffDecember 16, 2021

Michigan Spending Bill Earmarks Money for Detroit Auto Show

State legislators expect to pass a $795 million spending bill, containing a $9 million onetime grant for the North American International Auto Show (NAIS).

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Newsby StaffDecember 16, 2021

The EV Race Heats Up

Ford Motor Co. CEO Jim Farley says he hopes to overtake Tesla in U.S. electric-vehicle sales, but first he hopes to overtake GM.

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Newsby StaffDecember 16, 2021

Biden Administration Announces Federal EV Plan

The proposed strategy includes building 500,000 charging stations for electric vehicles across the country and lowering the cost of electric cars.

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Newsby StaffDecember 15, 2021

Brown & Brown Inc. Announces Acquisition of Dealer Admin. Services

DAS is a dealer-centric administrator that provides aftermarket F&I product solutions for franchise and pre-owned dealers.

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