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Newsby StaffAugust 3, 2022

Ford Motor Co. Sees Sales Rebound in July

Ford Motor Co. saw U.S. sales rebound sharply in July for the second consecutive month while Toyota Motor Corp. and Honda Motor Co. saw sales dip for the 12th consecutive month.

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Newsby StaffAugust 3, 2022

Black Book’s Used Vehicle Retention Index Dropped in July

The Retention Index decreased to 189.4 points in July as consumer confidence remained at historic lows.

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Newsby StaffAugust 2, 2022

Weekly Market Insights Report

Used Retail Prices are more accessible than in years past, due to the proliferation of ‘no-haggle pricing’ for used-vehicle retailing.

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Newsby StaffAugust 2, 2022

Ford Stock Surges 32%

Ford Motor stock hit its best month since the Great Recession, advancing nearly 32% since its 127.4% surge in April 2009.

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Newsby StaffJuly 28, 2022

Penske Automotive Group Sees Q2 Income Hike

Penske Automotive Group reported a 10% rise in income to $375.9 million in the second quarter, its most profitable quarter ever.

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Newsby StaffJuly 27, 2022

Cox Automotive Forecast: July U.S. Auto Sales Drop as Recovery Headwinds Grow

July U.S. auto sales are expected to show very little change from June’s results as a lack of supply continues to batter the new-vehicle market.

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Newsby StaffJuly 26, 2022

Market Insights Report

The Estimated Average Weekly Sales Rate remains somewhat stagnant, around the 66% mark.

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Newsby StaffJuly 26, 2022

GM Reports 40% Decline in Net Income

But the automaker remains bullish that stronger results are possible in the second half of the year.

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Newsby StaffJuly 21, 2022

Kerrigan Advisors Represents Holmes Auto Family in Sale of Shreveport, Louisiana Group of Five Dealerships

Holmes Honda Shreveport and Honda Bossier City sold to Community Auto Group and Mercedes-Benz and Sprinter of Shreveport, Jaguar Land Rover Shreveport and Holmes Volvo Cars of Shreveport sold to Group 1 Automotive.

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Newsby StaffJuly 21, 2022

Volvo Predicts Retail Sales Slump in 2022

Volvo Cars points to a potential slump in retail sales in 2022 after posting higher second-quarter profits.

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