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News•by Staff•September 20, 2021

Nationwide Study: Walk-Around Videos Increase Engagement Nearly 50%

Consumers spend 44% more time on a dealer website where vehicle videos were available.

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News•by Staff•September 20, 2021

Record Profits, Cash Flow and Demand Drove Historic Valuations and Transactions in Q2 Auto Dealership Buy/Sell Market

Auto dealership buy/sell market on path to most active year in history – 320 transactions June 2020 to June 2021.

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News•by Staff•September 20, 2021

U.S. Retail Sales Increase in August

The U.S. Commerce department reported the uptick of 0.7% in retail sales.

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News•by Staff•September 16, 2021

Jason Stein Joins motormindz as President & Corporate Development Officer

Stein will play an integral role in expanding the motormindz global footprint and launching its venture fund, which will identify and accelerate business solutions for a rapidly changing automotive industry.

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News•by Staff•September 16, 2021

Manheim Delivers Process Improvement Solution for Commercial Clients

Client shared services center meets clients’ needs for easier, faster post-sale operations.

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News•by Staff•September 16, 2021

ADESA Streamlines OBD2 Scans Through New Inspection Process

Inspections at ADESA Vehicle Logistics Centers will include emissions codes more clearly displayed on condition reports.

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News•by Staff•September 16, 2021

Sodium-ion Batteries Bring EV Costs Down and Push Safety Up

This less expensive and safer battery technology will lower the prices of EVs and make them more accessible to price-conscious consumers and resource-constrained nations.

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News•by Staff•September 15, 2021

Applied Concepts Hires Automotive Industry Veterans Following Recent Acquisition

Sales and performance training company brings three former Cox Automotive executives onboard as part of company relaunch.

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News•by Staff•September 14, 2021

GM Resumes Silverado, Sierra Production Amid Chip Crisis

General Motors will extend production cuts at crossover, midsize pickup and sedan plants because of the semiconductor chip shortage but will resume full-size pickup production on Monday.

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News•by Staff•September 14, 2021

Toyota and Honda Criticize EV Proposal that Favors Union Plants

The companies sharply criticized a Democrat proposal in the U.S. House of Representatives to give union-made electric vehicles an additional $4,500 tax incentive.

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