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Editorial

News•by Staff•December 22, 2021

Work Truck Demand Rises Creating Significant Opportunity for Dealers

With continued strong performance of commercial truck sales, including a 15+% year-over-year increase for medium duty trucks, and a 29% increase in final mile activity, there is certainly market demand.

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News•by Staff•December 22, 2021

COX AUTOMOTIVE: New-Vehicle Sales Gain Momentum but Not Enough for a December to Remember

So far the omicron variant has not impacted consumer sentiment or economic activity but creates some uncertainty as winter begins.

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News•by Staff•December 22, 2021

CarsArrive Network Launches Platform Enhancements for Seamless User Experience

Transporters, banks, vehicle lenders and financial institutions will benefit from new enhancements including migration from on-premise servers to the cloud, as well as the ability to rollout new features or bug fixes with minimal down time. 

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News•by Staff•December 21, 2021

BLACK BOOK: Weekly Market Update

As calendar year 2021 comes to a close, wholesale prices continue to rise, and noticeable differences can be seen compared to prior calendar years.

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News•by Staff•December 21, 2021

Tight Inventories Cause Brand Loyalty to Dip

Short supplies of new vehicles drove a dip in consumer loyalty of over 3 percentage points, according to Experian.

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News•by Staff•December 21, 2021

Pent Up Demand to Boost 2022 New Car Sales

Edmunds predicts 15.2 million new cars sales in 2022, a 1.2% increase from its 2021 vehicle sales estimate.

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News•by Staff•December 20, 2021

Mitubishi Motors North America Appoints Daniel Ball to Vice President of Aftersales

Katherine Knight appointed expanded role of VP, chief legal officer, human resources & corporate governance.

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News•by Staff•December 20, 2021

Two More Automakers Cross Finish Line in Race to Fulfill Automatic Braking Pledge

Ford/Lincoln and Honda/Acura joined ten other automakers this year in fulfilling a voluntary commitment to equip nearly all the light vehicles they produce for the U.S. market with automatic emergency braking.

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News•by Staff•December 20, 2021

Industry Summit Experience Available On-Demand

Auto dealers and dealership personnel are eligible to register for free access to view all sessions from December’s Industry Summit Experience.

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News•by Staff•December 16, 2021

Michigan Spending Bill Earmarks Money for Detroit Auto Show

State legislators expect to pass a $795 million spending bill, containing a $9 million onetime grant for the North American International Auto Show (NAIS).

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