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Editorial

News•by Staff•January 10, 2022

FTC Publishes Inflation-Adjusted Civil Penalty Amounts for 2022

The Act directs agencies to implement annual inflation adjustments based on a prescribed formula.

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News•by Staff•January 10, 2022

Advantage Parts Solutions Appoints Paul Grange as President of North America

Gange joins the organization to accelerate the brand’s global sales and marketing strategy and vision throughout North American markets.

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News•by Staff•January 6, 2022

December Auto Sales Slip

The lowest sales recorded in December went to Toyota Motor Corp., Honda Motor Co., Hyundai and Kia, which posted sales drops for the fifth consecutive month.

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News•by Staff•January 5, 2022

Porsche Reports U.S. Retail Sales for Q4 and Full-year 2021

New U.S. record set as demand grows across product lines from 911 and Taycan to SUVs.

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News•by Staff•January 5, 2022

Ed Morse Automotive Group Acquires Four Dealerships in Illinois and Missouri

These acquisitions will add 217 employees to its over 1,400 plus employee base, growing their locations to 27 dealerships, 51 franchises and 14 automotive brands.  

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News•by Staff•January 5, 2022

Black Book’s Used Vehicle Retention Index Increases 3.1% MoM

The seasonally adjusted Retention Index increased to 195.7 points.

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News•by Staff•January 4, 2022

Weekly Market Insights Report

2021 was a wild ride, but according to Black Book, the final two weeks of the year reported minimal declines in values after a year of record-breaking increases.

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News•by Staff•January 4, 2022

Toyota Crowned Auto Sales Leader

Toyota sold 2.332 million vehicles in the U.S. in 2021, compared to 2.218 million vehicles for General Motors.

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News•by Staff•January 4, 2022

Auto Financing Gets Easier

It’s easier than ever to get credit, if you can find a vehicle, says Andy Mayers of Cox Automotive.

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News•by Staff•January 4, 2022

Hyundai and Kia Set Higher Sales Targets for 2022

Hyundai Motor Co and affiliate Kia Corp. predict a 12.1% combined global sales jump in 2022, despite 2021 sales falling short of targets.

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