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Newsby StaffJune 1, 2022

Cox Automotive: Surging Gas Prices Drive Shopping for Electrified Vehicles

Gas prices hit an all-time high of a national average of $4.67 on June 1, driving consumers to consider electric vehicles, hybrids and smaller, more fuel-efficient gas-powered models.

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Newsby StaffJune 1, 2022

Black Book: Weekly Market Report

The Estimated Average Weekly Sales Rate has dropped down to 71% after several weeks of increases.

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Newsby StaffMay 25, 2022

BMW Announces It will Meet 2022 Output Targets

Port congestion in China, closures in Ukraine, and ongoing supply chain issues will not slow output, reported Milan Nedeljkovic, production chief for BMW AG.

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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 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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Newsby StaffMay 3, 2022

Toyota, Honda, Hyundai and Kia Sales Plummet in April

The loss leader in this equation was Toyota Motor Corp., which saw April sales volume fall 23%.

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ArticlesApril 29, 2022

Car Lease Options in a Chip Shortage Pandemic

Inventory shortages have vehicle lessees re-evaluating their end-of-lease options.

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Newsby StaffApril 28, 2022

Penske Automotive Group More Than Doubles Q1 Net Income

Penske Automotive Group first quarter net income sored from $183.1 million year over year to $369.5 million.

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Newsby StaffApril 26, 2022

ZeroSum Market First Report: April 2022 Automotive Inventory Data and Sales Forecasts

The consistency of new vehicle inventory levels over the last six months suggests that the industry is readjusting to a ‘new normal’ level of inventory while increasing vehicle prices indicate low inventory levels continue to generate strong gross for dealers and profit for OEMs.

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Newsby StaffApril 20, 2022

Cox Automotive: 10 Takeaways from U.S. Auto Sales in Q1 2022

The team at Kelley Blue Book has assembled two broad reports from the first quarter: One is a look across industry-wide U.S. sales in Q1, the other a narrow review of electrified vehicle sales in the U.S., the combined sales of hybrids, plug-in hybrids and EVs.

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