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Newsby StaffJanuary 11, 2022

Black Book: Weekly Market Update

The year is starting off with declines in many segments, but it remains to be seen if we reached the peak of increases before the holidays or if we will return to increasing values as the market prepares for spring.

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Newsby StaffJanuary 5, 2022

Porsche Reports U.S. Retail Sales for Q4 and Full-year 2021

New U.S. record set as demand grows across product lines from 911 and Taycan to SUVs.

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Newsby StaffJanuary 5, 2022

Ed Morse Automotive Group Acquires Four Dealerships in Illinois and Missouri

These acquisitions will add 217 employees to its over 1,400 plus employee base, growing their locations to 27 dealerships, 51 franchises and 14 automotive brands.  

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Newsby StaffJanuary 5, 2022

Black Book’s Used Vehicle Retention Index Increases 3.1% MoM

The seasonally adjusted Retention Index increased to 195.7 points.

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Newsby StaffJanuary 4, 2022

Weekly Market Insights Report

2021 was a wild ride, but according to Black Book, the final two weeks of the year reported minimal declines in values after a year of record-breaking increases.

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Newsby StaffJanuary 4, 2022

Hyundai and Kia Set Higher Sales Targets for 2022

Hyundai Motor Co and affiliate Kia Corp. predict a 12.1% combined global sales jump in 2022, despite 2021 sales falling short of targets.

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Newsby StaffJanuary 3, 2022

Van Horn Automotive Group Offers Hands-On Training and Career Opportunities

Van Horn Automotive Group’s High Gear program is a masterclass in a palatable form that offers an opportunity for individuals to grow and gain competency in the workplace, and earn a good living with a great company.

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Newsby StaffDecember 29, 2021

Cox Automotive Forecast: Slow Second Half Holds Full-Year Sales Below 15 Million for Second Straight Year

Full-year 2021 auto sales in the U.S. are forecast by Cox Automotive to finish near 14.9 million units, an increase of approximately 2.5% from 14.5 million in 2020.

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Newsby StaffDecember 29, 2021

TireHub Announces Significant Growth Plans Across U.S.

Expanded footprint includes entering new markets and increasing capabilities in existing markets.

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Newsby StaffDecember 28, 2021

BLACK BOOK: Weekly Market Insights

Winter and Christmas sales events make for a busy end of year for dealers, but the last two weeks of the year are traditionally slow for the auctions and that held true this year.

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