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News•by Staff•October 5, 2022

Dealer Sues Porsche Over Exclusive Requirement

$300 million suit claims carmaker violated state franchise law by withholding inventory.

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News•by Staff•October 4, 2022

Black Book Market Insights

The market continued its descent last week, with the level of decline still exceeding what is typically experienced this time of year.

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News•by Staff•September 30, 2022

Cox Automotive’s Ten Predictions for 2022 Miss on Overall Demand, Leasing, New-Vehicle Inventory

Cox Automotive's quarterly review allows us to see how the market has progressed compared to expectations.

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News•by Staff•September 29, 2022

Cox Automotive Lowers Full-Year New-Vehicle Sales Forecast

September U.S. auto sales, when confirmed next week, are expected to show a new-vehicle market mostly unchanged from previous months and still stuck in low gear.

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News•by Staff•September 28, 2022

State Charging Station Plans Move Forward

The U.S. Transportation Department (USDOT) has approved electric vehicle (EV) charging station plans for all 50 states, Washington D.C. and Puerto Rico.

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News•by Staff•September 28, 2022

New Vehicle Purchasers Stick With Favored Brands

A J.D. Power brand loyalty study finds most car buyers return to the same brand when trading in their used vehicles.

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News•by Staff•September 27, 2022

Black Book Unveils 2022 Vehicle Depreciation Report

Black Book and Fitch Ratings just unveiled their latest joint depreciation report, taking an in-depth look at car and truck segment depreciation trends in 2021, as well as our outlook and forecast for depreciation in 2022.

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News•by Staff•September 27, 2022

BMW Predicts Sales Growth in 2023

BMW will reach the higher end of its 7-9% margin target for its vehicle business and will see slight sales growth in 2023, forecasted CFO Nicolas Peter in a roundtable this week.

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News•by Staff•September 27, 2022

VW Announces Alexa-Guided Test Drives

Customers in select regions can now schedule an in-person Alexa guided test drive of VW’s ID.4 SUV.

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News•by Staff•September 23, 2022

Ex NJ Dealership Staffer Charged in Theft Scheme

Former Nissan store ad executive arrested. Prosecutors say he established shell companies to hide crimes.

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