Black Book: Weekly Market Report
The reduction in weekly depreciation that started a couple of weeks ago continued again last week, with the market reporting the lowest overall depreciation we have seen since the end of June 2022.
The reduction in weekly depreciation that started a couple of weeks ago continued again last week, with the market reporting the lowest overall depreciation we have seen since the end of June 2022.
Report shows unseasonable demand that was unexpected.
Refreshed alliance gives Nissan equal footing in two-decade partnership.
Defying market headwinds, dealer groups plan to spend excess cash.
Dealers report elevated prices, a lack of affordable vehicle models, and higher interest rates are pricing many consumers out of new cars.
Ford tries to reverse losses while GM looks to further strengthen position.
The light new-vehicle sales pace increased in January to 15.7 million, while new vehicle prices declined slightly, and incentives increased.
The Massachusetts Attorney General has announced a $350,000 settlement with a dealership group accused of engaging in pricing discrimination for add-on products.
SUV definition changed, opening breaks to Lyric, Tesla Model Y, others.
Both projected to continue rise as inventories build from pandemic lows.
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