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Newsby StaffDecember 2, 2021

New Data Shows Delinquencies Remain Low Amid Rising Average Vehicle Loan Amounts

Experian’s "State of the Automotive Finance Market: Q3 2021" report finds delinquencies remain lower than pre-pandemic levels.

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Newsby StaffDecember 1, 2021

NextGear Capital Shares Advice for Independent Dealers in 2022

NextGear President Scott Maybee outlines three key areas for future opportunities and growth.

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Articlesby StaffNovember 30, 2021

Black Book: Weekly Market Updates

Days-to-turn for used retail listings have slightly increased and now sits just above 38 days, which is still lower than what is typically expected.

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Newsby StaffNovember 29, 2021

GWC Warranty Selects Wrench as a Preferred Facility Repair Partner

GWC Warranty customers now have the option to order an ASE-certified mobile mechanic to fix their vehicles at home, at work or on the road.

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Newsby StaffNovember 29, 2021

Auto Dealers Expect Valuations and Profits to Increase in 2022

Positive momentum in auto retail and buy/sell market will continue in 2022, according to the recently-released 2021 Kerrigan Dealer Survey: 61% of dealerships expect an increase in their valuation, 79% expect profits to rise and 77% expect to acquire more dealerships over next 12 months.

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ArticlesNovember 24, 2021

How to Win Back and Retain Service Customers

While the majority of new car purchasers take their service needs elsewhere, know that the door to that business isn’t closed but wide open for dealerships.

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Newsby StaffNovember 23, 2021

Black Book: Weekly Market Report

Values aren’t showing any signs of slowing down, with most expecting this strength to last through the traditional Spring selling season.

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Newsby StaffNovember 18, 2021

J.D. Power Announces 2022 U.S. ALG Residual Value Awards

The J.D. Power U.S. ALG Residual Value Awards are the automotive industry standard in recognizing vehicle models projected to hold the highest percentage of their manufacturer’s suggested retail price.

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Newsby StaffNovember 17, 2021

Bezos-backed Rivian’s Meteoric Rise Represents a Fundamental Change in the Valuation of Automotive Stocks

The Rivian value debate demonstrates how investors can be split into two categories: those that make decisions based on recognizing future themes and those that invest based on traditional financial performance metrics

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Newsby StaffNovember 17, 2021

Cox Automotive: As More Americans Choose EVs, Price and Range Continue to Hold Back the Market

The 2021 Cox Automotive Path to EV Adoption Study provides a look at the major consumer barriers that continue to slow EV adoption.

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