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Articles•by Staff•January 26, 2022

Down the Road: Executive Predictions for 2022

Fair Technologies CEO predicts how the automotive industry will change in 2022.

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News•by Staff•January 26, 2022

Cox Automotive January Forecast: U.S. Auto Sales Volume Holds Steady, Inventory Levels Remain Tight

New-vehicle sales in January are expected to reach 1.01 million units, a drop of 8.9% compared to January 2021, according to a forecast released today by Cox Automotive.

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News•by Staff•January 26, 2022

Biden Touts Build Back Better to Key CEOs

The White House hosted the chief executives of major U.S. companies including auto and tech sector firms this week to discuss President Joe Biden's $1.75 trillion Build Back Better legislation.

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News•by Staff•January 26, 2022

J.D Power: Consumers Profess a Lack of Satisfaction in Vehicle Apps

Consumers ranked Tesla’s app the highest, but respondents reported they were not completely satisfied with any of the apps they tested.

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News•by Staff•January 26, 2022

Wholesale Used Vehicle Prices Rise 48.1% in 2 Years

Used-vehicle prices at wholesale, dealer-only auctions ended 2021 at 48.1% higher on average than December 2019 and 34.8% higher than  December 2020, according to KAR Global.

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News•by Staff•January 25, 2022

Digital Air Strike Launches Expanded Partner Program Supporting Essential Vehicle Inventory Marketing and Technology Solutions

A full suite of award-winning solutions enables partners of auto, RV, marine, powersports, and motorcycle dealerships to expand customer engagement, digital marketing, and analytic capabilities.

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News•by Staff•January 25, 2022

Black Book: Weekly Market Insights

Weekly declines continued last week, but the rate of decline is still less than is typically experienced this time of year. Sellers are holding firm to floors, and we have yet to see conversion rates return to pre-holiday levels.

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News•by Staff•January 24, 2022

DCG Acquisitions Completes Major Acquisition, Uniting Two Automotive Group Dynasties

The transaction consisted of Dick's Hillsboro Chevrolet, Dick's Country CDJR, and Dick's Mackenzie Ford. Under the new ownership they will be known as Tonkin Hillsboro Chevrolet, Tonkin CDJR and Tonkin Hillsboro Ford.

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News•by Staff•January 24, 2022

Jim Butler Auto Group Acquires Two Dealerships in Mid-Missouri, Announces $3M Development and 50 New Jobs

The deal expands the company’s presence in Centralia, creating a hub for automotive sales with Chevrolet, Stellantis, and the first FORD franchise for Jim Butler Auto Group.

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News•by Staff•January 21, 2022

Intel CEO Urges Moving Chip Production to U.S. and Europe

CEO Pat Gelsinger says government funding is needed to address an overconcentration of production in Asia. 

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