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Newsby StaffJanuary 6, 2022

Cox Automotive: Improving Momentum Likely After Slow January Start

Dealertrack data show new and used retail sales modestly gained against 2019 pre-pandemic levels in the final week of the year.

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Newsby StaffJanuary 6, 2022

December Auto Sales Slip

The lowest sales recorded in December went to Toyota Motor Corp., Honda Motor Co., Hyundai and Kia, which posted sales drops for the fifth consecutive month.

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Newsby StaffJanuary 4, 2022

Weekly Market Insights Report

2021 was a wild ride, but according to Black Book, the final two weeks of the year reported minimal declines in values after a year of record-breaking increases.

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Newsby StaffJanuary 4, 2022

Toyota Crowned Auto Sales Leader

Toyota sold 2.332 million vehicles in the U.S. in 2021, compared to 2.218 million vehicles for General Motors.

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Newsby StaffJanuary 4, 2022

Hyundai and Kia Set Higher Sales Targets for 2022

Hyundai Motor Co and affiliate Kia Corp. predict a 12.1% combined global sales jump in 2022, despite 2021 sales falling short of targets.

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Newsby StaffDecember 29, 2021

Cox Automotive Forecast: Slow Second Half Holds Full-Year Sales Below 15 Million for Second Straight Year

Full-year 2021 auto sales in the U.S. are forecast by Cox Automotive to finish near 14.9 million units, an increase of approximately 2.5% from 14.5 million in 2020.

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Newsby StaffDecember 29, 2021

Used Car Prices Will Fall

Record high used car prices will deflate. The question is how fast the bubble will burst.

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Newsby StaffDecember 28, 2021

BLACK BOOK: Weekly Market Insights

Winter and Christmas sales events make for a busy end of year for dealers, but the last two weeks of the year are traditionally slow for the auctions and that held true this year.

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Newsby StaffDecember 22, 2021

COX AUTOMOTIVE: New-Vehicle Sales Gain Momentum but Not Enough for a December to Remember

So far the omicron variant has not impacted consumer sentiment or economic activity but creates some uncertainty as winter begins.

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Newsby StaffDecember 21, 2021

BLACK BOOK: Weekly Market Update

As calendar year 2021 comes to a close, wholesale prices continue to rise, and noticeable differences can be seen compared to prior calendar years.

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