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Industryby StaffFebruary 11, 2022

Lithia Motors Reports 55% Increase in Q4 Net Income

The auto retailer reports sales jumped 34% in the fourth quarter and soared 51% for the year.   

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Salesby StaffFebruary 11, 2022

Toyota and Honda Stay Positive on Profits

Tight supply and lower production helps the companies sell vehicles with fewer financial incentives than they traditionally offer.

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Salesby StaffFebruary 9, 2022

Kelley Blue Book: New-Vehicle Prices Retreat From Record Highs But Remain Well Above MSRP

Consumers continue to pay well above MSRP for a new vehicle, marking eight straight months of paying more than sticker price.

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Awardsby StaffFebruary 9, 2022

Autotrader Names Best New Cars for 2022

Choices abound as more electric vehicles, brand-new nameplate make debut on best new cars list.

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Meet the Executiveby StaffFebruary 9, 2022

Credit Bureau Connection Acquires Dealer Safeguard Solutions

Creates a comprehensive workflow and compliance platform for auto dealers nationwide.

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Industryby StaffFebruary 9, 2022

GM Keeps Plants Going Amid Chip Shortage

GM entered a deal with semiconductor chip manufacturers to keep its North American assembly lines in production.

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Industryby StaffFebruary 9, 2022

Nikkei: Nissan to Halt Most Development of New Gasoline Engines  

Nissan Motor Co. Ltd. plans to stop developing new internal combustion engines except in the U.S.

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Industryby StaffFebruary 8, 2022

Black Book: Weekly Market Insights

The Mid-Size Car segment had the largest decline last week, at -0.76%, compared with the prior week’s decline of -0.64%, marking the third consecutive week the segment has reported the largest segment decline.

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F&Iby StaffFebruary 7, 2022

New Financing Technology Boosts Deliveries for Dealers

In 2021, the company installed a limited distribution of financing kiosks in dealer showrooms, giving customers the ability to apply for a recreational loan in under five minutes and without ever leaving the dealer’s lot. 

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Meet the Executiveby StaffFebruary 3, 2022

Assurant Combines American Financial & Automotive Services and Assurant Dealer Services into One Premier Dealership Development Organization

Assurant acquired American Financial & Automotive Services in the Spring of 2020 and has leveraged the best products and practices of both organizations to create one team to service dealer clients.

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