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Newsby StaffJune 13, 2022

Kerrigan Advisors Represents Fuccillo Automotive Group in Sale of Fuccillo Kia of Clermont in Florida

Orlando-area dealership sold to Morgan Automotive Group, marking the 155th Kerrigan-led dealership sale since 2015.

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Newsby StaffJune 8, 2022

Total U.S. Automotive Aftermarket Sales Forecasted to Increase 8.5% in 2022

The Joint Channel Forecast Model details a strong aftermarket recovery coupled with indicators for continued growth.

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Newsby StaffJune 7, 2022

Cox Automotive: Wholesale Used-Vehicle Prices Increase in May

All major market segments saw seasonally adjusted prices that were higher year over year in May, except for pickups.

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Newsby StaffJune 7, 2022

Credit Unions Amass Largest Share of the Automotive Finance Market in Five Years

New Experian report shows ongoing impact of inventory shortage on automotive finance market, as average vehicle loan amounts and monthly payments continue to rise.

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Newsby StaffJune 2, 2022

Though EV Sales Will Triple by 2025, More Will Be Needed to Reach Net Zero

The window to get the world’s road emissions to carbon neutrality by 2050 is ‘closing quickly,’ BloombergNEF (BNEF) says in its latest Electric Vehicle Outlook.

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Newsby StaffJune 1, 2022

Cox Automotive: Surging Gas Prices Drive Shopping for Electrified Vehicles

Gas prices hit an all-time high of a national average of $4.67 on June 1, driving consumers to consider electric vehicles, hybrids and smaller, more fuel-efficient gas-powered models.

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Newsby StaffJune 1, 2022

Black Book: Weekly Market Report

The Estimated Average Weekly Sales Rate has dropped down to 71% after several weeks of increases.

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Newsby StaffJune 1, 2022

Automakers Consider Lighter, Machine-Made Wire Harnesses

The shortage of traditional wire harnesses could accelerate automaker plans to move to lighter, machine-made harnesses used in EVs.

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Newsby StaffMay 20, 2022

May Monthly Specialty Market Updates

Notable recent auction sales include a 2017 Ferrari LaFerrari Aperta.

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Newsby StaffMay 18, 2022

Tesla Insurance Options Pick Up Steam

The company plans to offer insurance coverage to 80% of the U.S., before taking its insurance offering international.

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