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Car segment gains ticked up slightly this past week (+1.25%) compared to the week prior (+1.17%).
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RouteOne announces the elevation of Jeff Belanger to chief revenue officer and Amanda George to chief product officer.
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Outsell launches new features for its Platform that recaptures sales defectors for dealerships and prioritizes customer communication for dealer groups.
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Volkswagen AG forecasts operating return on sales at 5.5% to 7% for 2021, compared to a previous range of 5% to 6.5%.
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The Black Book April Retention Index broke yet another record, reaching 152.4 points.
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Data shows strength in dealers bidding and buying across physical locations, Simulcast, Manheim Express, Manheim.com and OVE.
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The intent of the alliance is to give consumers more flexible choices when making vehicle purchase decisions.
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Finance industry veteran brings decades of dealer-focused experience to the management role.
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As the semiconductor shortage slashes vehicle production, rental car companies are taking extreme measures to bolster their fleets. The businesses are buying used vehicles at auction.
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Retail inventory levels, new and used, continue to be a challenge and the limited availability of quality vehicles in the wholesale market is also proving to be a challenge for buyers.
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