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Industry•by Staff•December 7, 2021

Black Book’s Used Vehicle Retention Index Continues to Increase

The seasonally adjusted Retention Index increased to 189.9 points, reaching another record.

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Sales•by Staff•December 2, 2021

New Data Shows Delinquencies Remain Low Amid Rising Average Vehicle Loan Amounts

Experian’s "State of the Automotive Finance Market: Q3 2021" report finds delinquencies remain lower than pre-pandemic levels.

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Product & Technology•by Staff•December 2, 2021

Amazon Rolls Out FleetWise

The new cloud-based data system will help automakers remotely diagnose vehicle issues to prevent recalls, improve safety, and manage related data.

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Industry•by Staff•December 2, 2021

Worst is Behind Us, Says NADA Chairman

Though challenges remain, many positive signs point to a return to normal some time in 2022, says NADA Chairman Paul Walser.

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Industry•by Staff•December 1, 2021

Cox Automotive Forecast: November Auto Sales Stuck in Low Gear As Consumers and Dealers Face Tight New-Vehicle Inventory and High Prices

November’s seasonally adjusted annual rate of sales is forecast to finish near 13.4 million, down 16% from last year when the sales pace was 15.9 million.

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Industry•by Staff•November 30, 2021

U.S. Must “Get Serious” About Chip Production

Commerce Secretary urges Congress to pass funding designed to boost domestic production of semiconductor chips.

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Product & Technology•by Staff•November 30, 2021

Nissan Commits to Spending $17.6 Billion on Battery-Powered Vehicles Over Next 5 Years

Automaker reports batteries will power half of the vehicles it sells by 2030.

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Awards•by Staff•November 30, 2021

LAST CHANCE: Submit Your Nomination for 2021 F&I Dealer of the Year

Dealership employees, general agents, vendors, and F&I providers are encouraged to nominate their stores and dealer clients for the annual award.

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Product & Technology•by Staff•November 29, 2021

GWC Warranty Selects Wrench as a Preferred Facility Repair Partner

GWC Warranty customers now have the option to order an ASE-certified mobile mechanic to fix their vehicles at home, at work or on the road.

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Industry•by Staff•November 29, 2021

Auto Dealers Expect Valuations and Profits to Increase in 2022

Positive momentum in auto retail and buy/sell market will continue in 2022, according to the recently-released 2021 Kerrigan Dealer Survey: 61% of dealerships expect an increase in their valuation, 79% expect profits to rise and 77% expect to acquire more dealerships over next 12 months.

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