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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 6, 2022

Shortage of Inventory, Not Buyers Challenges U.S. Auto Industry

The U.S. auto industry has no shortage of buyers currently, but it lacks the inventory to satisfy them.

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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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Newsby StaffApril 4, 2022

Auto Retail Buy-Sell Activity Explodes

The report explains how dealership profits have tripled along with demand from dealership groups that want to acquire more stores.

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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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Newsby StaffMarch 31, 2022

Consumer Groups Commend General Motors’ Commitment to Ensure Vehicles Offered on GM’s New CarBravo Used Car Platform Are Free from Unrepaired Safety Recall Defects

Currently, the only industry in America that openly accepts the selling of unsafe recalled products to the public is the auto industry.

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Newsby StaffMarch 30, 2022

Biden Administration to Unveil Tougher Fuel Economy Standards

The new standards will reverse the Trump Administration’s rollback of U.S. regulations aimed at improving gas mileage and cutting tailpipe pollution.

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