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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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Newsby StaffMarch 29, 2022

Cox Automotive March Forecast: Slow March Auto Sales to Cap Weakest Q1 in a Decade

March U.S. auto sales, when reported on Friday, will show a notable drop from last March as the market remains significantly constrained by lack of supply.

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Newsby StaffMarch 29, 2022

Dealership Numbers Fall as Throughput Increases

Throughput increased in 2021 as U.S. light-vehicle sales rose to nearly 14.75 million vehicles, according to dealership census.

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Newsby StaffMarch 24, 2022

Ally Survey Reveals New isn't Always Better for Young Car Buyers

Majority of young adults prefer used cars as affordable, sustainable alternative.

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Newsby StaffMarch 24, 2022

Data Shows EVs Cost Less Than Gasoline-Powered Vehicles

Mile for mile, it’s cheaper to recharge an electric vehicle (EV) than it is to refuel one with an internal-combustion engine.

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Newsby StaffMarch 24, 2022

Zurich Lets Agents Sell F&I Products

Zurich now permits agents to sell its finance and insurance products, representing a big change for the provider.

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Newsby StaffMarch 17, 2022

BMW Cuts Margin Forecast for 2022

BMW reports 2022 margins will be lower because of the Russia-Ukraine conflict.

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Newsby StaffMarch 15, 2022

Black Book: Market Insights Report

Overall market declines continued last week, but the rate of declined lessened.

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Newsby StaffMarch 15, 2022

Cox Automotive: February CPO Sales Increase By Double Digits Month Over Month

February’s CPO result is the highest since October 2021 and interrupts a six-month downward trend.

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