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Industryby StaffMay 5, 2022

Black Book’s Used Vehicle Retention Index Drops Again as Rollercoaster Ride Continues

The seasonally adjusted Retention Index went down to 185.4 points in April 2022 as high gas prices strengthen some segments and weaken others.

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Summit Updatesby StaffMay 4, 2022

New Session Announced: How Small Agencies Can Take on the Giants

During this session, Ascent Dealer Services' Adam Marburger will teach agents how to build enough relevance within the industry to compete with larger agencies.

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Industryby StaffMay 4, 2022

Black Book: Weekly Market Insights

The Used Retail Days-to-Turn Estimate has continued to drop over the last few weeks and remains below 36 days.

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Industryby StaffMay 4, 2022

Cox Automotive: Implications of Fed Moving Rates Higher and Starting Quantitative Tightening

The Fed delivered on expectations today by raising the target rate for the Federal Funds Rate by half of a percentage point and announcing the plan to start reducing its balance sheet starting on June 1.

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Product & Technologyby StaffMay 4, 2022

EasyCare Introduces New Vehicle Service Contract for Auto Dealers

VSC includes coverage for many types of vehicles and enhances consumer convenience benefits.

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Industryby StaffMay 3, 2022

Toyota, Honda, Hyundai and Kia Sales Plummet in April

The loss leader in this equation was Toyota Motor Corp., which saw April sales volume fall 23%.

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Industryby StaffMay 3, 2022

GM Looks to Pricing Power and Pent-Up Demand to Keep Profits High

The automaker saw a Quarter One net income of $2.9 billion, just 2.7% lower than 2021, despite $2.5 billion in increased costs as global revenue rose 11%.

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Industryby StaffMay 3, 2022

Toyota to Hit Tax Credit Limit for EVs and Hybrid Vehicles

Toyota Motor Corp. is getting closer to using up a key U.S. tax credit for hybrid and electric vehicles, a situation company leaders say will raise its costs and hinder the adoption of climate-friendly cars.

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Meet the Executiveby StaffMay 2, 2022

Bob Haeffner Joins APCO Holdings, LLC as Chief Financial Officer

Haeffner comes to APCO with significant financial executive experience in consulting and the automotive sector.

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Industryby StaffMay 2, 2022

Protective Closes on AUL Acquisition

Acquisition adds complementary product portfolio to Protective's asset protection division.

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