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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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Newsby StaffSeptember 8, 2021

Cox Automotive: Auto Market Weekly Summary

The slowing auto market will lead Cox Automotive to revise downward its full-year new-vehicle sales forecast.

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Newsby StaffSeptember 8, 2021

Toyota Eyes Leadership in EV Battery Technology Over Next Decade with Announced Investments

Japanese automaker Toyota plans to spend U$13.5bn to develop electric vehicle battery technology and supply system by 2030.

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