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Industry•by Staff•May 11, 2023

Inventory at Two-Year High

Sales consequently robust, also aided by increased discounts.

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Industry•by Staff•May 10, 2023

EV Sales Surged in Past Two Years

Consumer demand also ballooned in period of dealership infrastructure investment in transition.

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Industry•by Staff•May 10, 2023

Auto Credit Harder to Get

April access tightened across all channels.

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Industry•by Staff•May 9, 2023

GM Picks Up Ex-Apple Exec

Abbott will lead its new software division for vehicle and enterprise tech.

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Industry•by Staff•May 9, 2023

Black Book: Weekly Market Update

The Estimated Average Weekly Sales Rate dropped to 49% last week.

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Industry•by Staff•May 9, 2023

New-Vehicle Prices Still Down

April average stays under MSRP for second month in a row.

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Summit Updates•by Staff•May 8, 2023

Smart AutoCare Hosting Registration Giveaway at Agent Summit

Two lucky agent-attendees will receive a $500 VISA Giftcard, courtesy of Smart AutoCare, and are invited to join them at The Underground.

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F&I•by Staff•May 8, 2023

Loan Fraud and Defaults Top Lenders’ Concerns

Point Predictive fraud survey finds auto lenders fear worsening economic conditions will fuel a surge in fraudulent practices.

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Industry•by Staff•May 8, 2023

Carvana Sees Adjusted Pretax Profit on Horizon

Predicts return in Q2 after turbulent year, cost-cutting measures enacted.

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Sales•by Staff•May 8, 2023

VW Doubles Q1 Brand Group Operating Profits

Strong result driven by higher sales volume, consistent cost management and focus on efficiency.

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