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Articlesby Terry O'LoughlinSeptember 9, 2020

Down the Road: Selling Cars Remotely

The coronavirus appears to be driving the automotive industry to selling vehicles remotely, a radical departure from the traditional dealer model. By identifying the issues that dealers need to contemplate, we find some solutions to the new direction we’re heading.

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Newsby StaffSeptember 8, 2020

 KAR to Deepen Digital Capabilities With Acquisition of BacklotCars

Additional dealer-to-dealer platform will enhance customer choice, transparency and convenience.

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NewsSeptember 3, 2020

NADA Market Beat: New Light-Vehicle Sales Continue to Recover

August’s SAAR of 15.2 million units marked a 4.8% increase from July’s SAAR of 14.5 million units but is down 11% compared with August 2019.

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Newsby StaffSeptember 3, 2020

Despite the Initial Impact of COVID-19, the Automotive Industry Shows Positive Signs In Q2 2020 

The average loan amount for a new vehicle jumps $4,000; however, the average monthly payment remains steady.

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Newsby StaffSeptember 3, 2020

Digital Motors Lands Paul Edmonds as VP of Customer Success

Digital auto executive to expand leading online sales platform across industry.

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Newsby StaffSeptember 2, 2020

Black Book Used Vehicle Retention Index Increases 3.0 Points in August

The August index hit a new all-time high, now the highest it’s been since May 2014.

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Newsby StaffSeptember 2, 2020

New Manheim Digital Enhancements Make it Easier for Buyers and Sellers to Conduct Business

Manheim has released three new enhancements to its digital marketplace designed to benefit buyers and sellers: significantly more images on vehicles checked in at a physical location, the opportunity to more easily transact at below-floor prices and an additional sale format.

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Newsby StaffSeptember 1, 2020

COVID-19 Market Updates

Black Book published new insights to their weekly COVID-19 Market Updates, including wholesale prices, retail listing prices, overall wholesale sold volume, used retail listing volume, and BEV sales outlook.

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Newsby StaffAugust 27, 2020

Black Book Integrates with One Auction View: New Centralized Auction Management Software

New solutions allows dealers to view their wholesale auctions in a simplified view.

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ArticlesAugust 26, 2020

Change Is Required

The automotive industry is going through rapid change, facing additional costs associated with personnel, benefits, and retention, and depending on a steady stream of additional customers to replace those customers that have defected. So how do you change how you conduct business to meet the current challenge?

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