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ArticlesNovember 1, 2021

COVID-19 Remains in the Driver’s Seat

NADA economist forecasts supply chain challenges, including the chip shortage, will persist well into 2022.

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Newsby StaffOctober 29, 2021

Demand Pushes Up Prices, as Depreciation Increases

High demand amid limited new vehicle inventory has driven up used vehicle prices. But it’s also impacting the rate their values are depreciating.

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Newsby StaffOctober 26, 2021

Market Insights from Black Book

The lack of new inventory is continuing to drive up the demand for used vehicles, which in turn is forcing buyers to pay more week after week and leaving sellers wishing they had more to offer.

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Newsby StaffOctober 26, 2021

IHS Markit Predicts Production Highs in 2024

IHS Markit forecasts lows in light-vehicle sales and production will give way to increases ahead.

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Newsby StaffOctober 20, 2021

Cox Automotive: In Q3, Sales of Electrified Vehicles Surged Past 1 Million Units

While sales of new vehicles declined 13.4% year over year in Q3 due primarily to low inventory and high prices, sales of electrified vehicles jumped by nearly 60%, according to an analysis by Kelley Blue Book.

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Newsby StaffOctober 12, 2021

Black Book: Weekly Market Update

Wholesale prices continued to gain momentum, with all segments reporting week-over-week increases last week.

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Newsby StaffOctober 12, 2021

How Automakers and Dealers are Weathering a Topsy Turvey Market

BMW is faring better than GM, and car dealers are coping better than component suppliers.

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Newsby StaffOctober 7, 2021

Low Inventory Levels Drive Down September SAAR to 12.2 Million Units

September new light-vehicle sales fell for the 5th consecutive month to a SAAR of 1.2 million units, reported the National Automobile Dealers Association (NADA).

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Newsby StaffOctober 6, 2021

Black Book’s Used Vehicle Retention Index Increases Again to All-Time High

The seasonally adjusted Retention Index increased to 169.5 points, hitting another record this year.

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Newsby StaffOctober 5, 2021

Weekly Market Insights Report

As we move into the Fall season, wholesale prices began to show a positive movement once again and reached the highest point of the year last week.

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