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News•by Staff•August 17, 2022

Black Book: Weekly Market Insights

The Estimated Average Weekly Sales Rate remains at 65%.

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News•by Staff•August 16, 2022

Cox Automotive: Estimated Monthly Used-Vehicle SAAR and Volume

Year to date, the total used market is currently on pace to finish the year down more than 12% from the 40.6 million recorded in 2021.

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News•by Staff•August 15, 2022

LMP Automotive Holdings and its Affiliates Enter into an All Cash Asset Sale Agreement

The Company anticipates that the expected closing of the sale will occur in October of this year.

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News•by Staff•August 10, 2022

New-Vehicle Prices Set Record in July 2022, as Inventory Improves Year-Over-Year and Luxury Share Remains Elevated

According to Kelley Blue Book, new-vehicle buyers remain in an “over sticker” market, paying above MSRP every month this year.

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News•by Staff•August 10, 2022

Weekly Market Insights Report

On a volume-weighted basis, the overall Car segment decreased -0.92%. For reference, the previous week, cars decreased by -0.91%.

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Articles•August 10, 2022

Advertising Electric Cars and Trucks Will Help You Grab More Market Share

With these advertising strategies in mind, dealers focusing on promoting EVs will certainly gain a leg up on the competition and electrify more interest in their local markets!

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News•by Staff•August 8, 2022

Cox Automotive: Auto Market Weekly Summary

New-vehicle sales were up slightly in July from June but remain low at a 13.3 million seasonally adjusted rate of sales.

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News•by Staff•August 3, 2022

Ford Motor Co. Sees Sales Rebound in July

Ford Motor Co. saw U.S. sales rebound sharply in July for the second consecutive month while Toyota Motor Corp. and Honda Motor Co. saw sales dip for the 12th consecutive month.

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Articles•August 3, 2022

Recruitment from Within Benefits Your Business

Internal hiring or recruitment has many advantages, including increased motivation, lower hiring costs, cultural fit, easier onboarding, and improved retainment of employees.

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News•by Staff•August 3, 2022

Uber Doubles Q2 Revenue

The company saw revenue more than double to $8.1 billion as customers continued to hail rides and order takeout food.

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