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Newsby StaffAugust 17, 2021

Black Book: Weekly Market Update

Days-to-turn for used retail listings have been increasing, as retail demand softened over the last few weeks.

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Newsby StaffAugust 10, 2021

Q2 Lease Trends Report Shows More Drivers Opting for Longer Lease Terms

Brands with unfavorable lease policies continue to see lower brand loyalty.

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Newsby StaffAugust 10, 2021

Market Insights from Black Book

Despite the limited inventory on dealer lots, dealer lanes continue to have higher volume at auction, while manufacturers’ remarketing lanes are offering less and less in open sales channels.

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Newsby StaffAugust 10, 2021

Analysts Predict Vehicle Production and Sales to Fall Off for Rest of 2021

LMC Automotive expects the semiconductor shortage to cut production in North America by about 452,000 units over the remaining months. The company also expects the chip shortage to impact production by about 1.5 million units.

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Newsby StaffAugust 5, 2021

Specialty Market Update

Last month we noted that the record run of value increases we have seen over the past 18 months appeared to be slowing down and possibly ending.

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Newsby StaffAugust 3, 2021

"Voice of the Buyer" Study Reveals Different Strategies Needed to Make the Sale

If you’re trying to sell to Generation Z buyers, new data shows they have a radically different mindset from millennials and all buyers overall, requiring businesses and sales professionals to adjust tactics to close the deal.

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Newsby StaffJuly 29, 2021

Electrified Vehicle Sales Accelerate in Q2

The U.S. auto market has seen growth this year in nearly every segment, but no segment is growing more quickly and more relentlessly than electrified vehicles.

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Newsby StaffJuly 29, 2021

Lithia Motors Predicts End to New-Vehicle Shortage  

“We expect inventories to continue to normalize throughout the back half of 2021 and in the first part of 2022,” said Chris Holzshu, Lithia chief operating officer, in an earnings conference call.

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Articlesby StaffJune 29, 2021

Acquiring New Dealership Business for General Agents

At the end of the day, success ties in very closely to growth, and a solid strategy to acquiring new business is a tool every agent should have in their belt.

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Newsby StaffJune 15, 2021

Black Book: Weekly Market Updates

The May Retention Index showed another increase and broke yet another record, reaching 159.6 points, a 7.1 point (or 4.7%) increase from April (152.4).

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