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IHS Markit

automotiveMastermind Enhances Market EyeQ Sales Platform With Pre-Owned and Manheim Market Report Integration

Market EyeQ users can now automate behavior-based predictive marketing campaigns to pre-owned car buyers and utilize Manheim Market Reports to evaluate trade-in vehicles based on real time auction prices.

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IHS Markit Trims 2020 Global Light Vehicle Sales, Production Forecasts

According the new analysis, global light vehicle sales are now forecast to be 69.6 million units this year in the wake of the pandemic.

automotiveMastermind Creates a Virtual BDC For Auto Dealers & Offers Increased Support During COVID-19 Disruptions

automotiveMastermind is re-deploying sales and business development managers to prospect on behalf of dealer partners, demonstrating the company’s support and commitment to dealerships during COVID-19 disruptions.

IHS Markit: Coronavirus Impact on Global Auto Demand

IHS Markit has been analyzing prevailing auto demand conditions in light of COVID-19.

automotiveMastermind Makes Strategic Decision to Strengthen Product and Technology Divisions

Automotive Mastermind hired one executive and promoted another as an extension of the company’s product and technology departments.

October Sales: SAAR Could Hit 17M for 5th Straight Year

The latest report shows U.S. new car dealers are on pace for yet another 17 million-unit year, led by gains at Japanese and Korean factories, increased incentive spending, and fleet sales.

SAAR Fails to Crack 17M Despite Record August Sales

U.S. sales of new cars and light trucks fell 1.2% year-over-year in August, a sales month that extended through the Labor Day weekend and set new records for Honda, Toyota, and Subaru.

SAAR Dips to 16.6M in Watershed Sales Report

July deliveries increased 1.3% in the first monthly U.S. new-vehicle sales report to include none of the Detroit 3 automakers, but the seasonally adjusted annualized rate fell below 17 million for the fourth time this year.

IHS: Average Age of U.S. Vehicles Continues to Rise

The average age of America’s registered cars and light trucks has risen again, to 11.8 years, according to the latest report from IHS Markit.

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IHS: EVs Will Reach 7.6% Market Share in 2026

IHS Markit analysts say electric vehicles will account for 7.6% of all new vehicles sold in the United States in 2026, predicting ‘explosive’ growth in a segment driven by rapidly proliferating makes and models.