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Newsby StaffFebruary 16, 2022

Cox Automotive Auto Market Report

In the most recent Auto Market Report video, Cox Automotive Chief Economist Jonathan Smoke notes that 2022 has started slower for the U.S. economy and for vehicle sales.

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Newsby StaffFebruary 15, 2022

Black Book: Weekly Market Update

The rate of week-over-week declines has accelerated, exceeding the typical seasonal expectations for this time of year.

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Newsby StaffFebruary 15, 2022

Tesla Closes in on BMW Luxury Sales Title

Tesla’s Model Y could overtake BMW as the top-selling luxury model when its plant opens in Texas.

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Newsby StaffFebruary 15, 2022

Blockade of Ambassador Bridge Costs Auto Industry Millions

Total losses add up to $300 million, with a $155 million hit to automakers and $145 million in lost direct wages.

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ArticlesFebruary 14, 2022

The Power of an Addendum

The power of an addendum lies in its ability to clarify the customers value in the vehicle, as well as reminding them of the unavoidable perils of owning a vehicle in today’s world.

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Newsby StaffFebruary 11, 2022

Lithia Motors Reports 55% Increase in Q4 Net Income

The auto retailer reports sales jumped 34% in the fourth quarter and soared 51% for the year.   

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Newsby StaffFebruary 11, 2022

Toyota and Honda Stay Positive on Profits

Tight supply and lower production helps the companies sell vehicles with fewer financial incentives than they traditionally offer.

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Newsby StaffFebruary 10, 2022

NextGear Capital Partners with Manheim to Enhance Its Flex Pricing Program

First of several benefits planned in 2022 to further independent dealer goals, needs.

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Newsby StaffFebruary 9, 2022

GM Keeps Plants Going Amid Chip Shortage

GM entered a deal with semiconductor chip manufacturers to keep its North American assembly lines in production.

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Newsby StaffFebruary 9, 2022

Nikkei: Nissan to Halt Most Development of New Gasoline Engines  

Nissan Motor Co. Ltd. plans to stop developing new internal combustion engines except in the U.S.

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