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Newsby StaffSeptember 27, 2021

Automotive Forecast: New-Vehicle Sales Stall in September

Automobile sales in September are forecast to slow for the fifth straight month, as tight inventory, high prices take a toll on the industry.

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Newsby StaffSeptember 21, 2021

Black Book: Market Update

Traditionally, as we move past Labor Day, values begin to decline, with the largest portion of the yearly depreciation typically occurring in the fourth quarter. However, that is not the case this year, we’ve now had four consecutive weeks of overall market increases in wholesale values.

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Newsby StaffSeptember 20, 2021

Record Profits, Cash Flow and Demand Drove Historic Valuations and Transactions in Q2 Auto Dealership Buy/Sell Market

Auto dealership buy/sell market on path to most active year in history – 320 transactions June 2020 to June 2021.

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Newsby StaffSeptember 20, 2021

U.S. Retail Sales Increase in August

The U.S. Commerce department reported the uptick of 0.7% in retail sales.

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Newsby StaffSeptember 16, 2021

Jason Stein Joins motormindz as President & Corporate Development Officer

Stein will play an integral role in expanding the motormindz global footprint and launching its venture fund, which will identify and accelerate business solutions for a rapidly changing automotive industry.

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Newsby StaffSeptember 16, 2021

Manheim Delivers Process Improvement Solution for Commercial Clients

Client shared services center meets clients’ needs for easier, faster post-sale operations.

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Newsby StaffSeptember 16, 2021

ADESA Streamlines OBD2 Scans Through New Inspection Process

Inspections at ADESA Vehicle Logistics Centers will include emissions codes more clearly displayed on condition reports.

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ArticlesSeptember 15, 2021

New Fintech Program Incentivizes Dealership Service Work

AutoPay+PERKS combines US Equity Advantage’s biweekly loan payment service with an incentive to encourage car buyers to have service work performed at the selling dealership.

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ArticlesSeptember 14, 2021

Today’s Bizarro Automotive World: Dealers Advertising to Acquire Cars

Auto dealers around the country are now leveraging advertising to attract cars and trucks, in addition to the shoppers themselves.

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Newsby StaffSeptember 14, 2021

Ford Ceasing Local Manufacturing is a Major Blow to Indian Automotive Industry

Following the news that automaker Ford announced to shut down both its vehicle manufacturing factories in India, GlobalData offers an update.

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