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Newsby StaffFebruary 8, 2023

Supply Chain Disruptions Affected Volkswagen Cash Flow in 2022

Volkswagen AG reported its cash flow fell short of expectations as supply chain snags led to higher unsold inventory at year’s end.

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Newsby StaffFebruary 7, 2023

Black Book: Weekly Market Report

The reduction in weekly depreciation that started a couple of weeks ago continued again last week, with the market reporting the lowest overall depreciation we have seen since the end of June 2022.

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Newsby StaffFebruary 6, 2023

Vehicle Affordability a Growing Problem

Dealers report elevated prices, a lack of affordable vehicle models, and higher interest rates are pricing many consumers out of new cars.

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Newsby StaffFebruary 6, 2023

Fleet Sales Boost Light New Vehicle Sales

The light new-vehicle sales pace increased in January to 15.7 million, while new vehicle prices declined slightly, and incentives increased.

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Newsby StaffJanuary 31, 2023

Black Book: Weekly Market Report

Early signs of a potential Spring bump in the market are starting to emerge with the Sporty Car segment reporting an increase for the second consecutive week.

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Newsby StaffJanuary 31, 2023

GM Finishes Year Strong

General Motors Co. posted a $2 billion net profit in the fourth quarter finishing the year strong despite supply chain struggles, record prices and other disruptors.

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Newsby StaffJanuary 25, 2023

Jaguar Land Rover Reports Profit for Q3 of its Fiscal Year

The company reported a profit before tax of $326 million for the quarter ending in December.

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Newsby StaffJanuary 25, 2023

Black Book: Weekly Market Update

Last week, wholesale price declines lessened, coming in at a level on par with last July (apart from the weeks around Thanksgiving and Christmas when volume and conversions were down), before the declines began to accelerate for Q3 and Q4.

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Newsby StaffJanuary 23, 2023

Auto Sales Decline in December

Cox reports that in the auto sector sales of motor vehicles and parts fell in December.

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Newsby StaffJanuary 19, 2023

Tesla Leads in Profit Per EV

Tesla has built a commanding lead over most major rivals in profit per vehicle, according to Reuters research.

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