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Newsby StaffSeptember 28, 2022

State Charging Station Plans Move Forward

The U.S. Transportation Department (USDOT) has approved electric vehicle (EV) charging station plans for all 50 states, Washington D.C. and Puerto Rico.

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Newsby StaffSeptember 28, 2022

New Vehicle Purchasers Stick With Favored Brands

A J.D. Power brand loyalty study finds most car buyers return to the same brand when trading in their used vehicles.

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Newsby StaffSeptember 27, 2022

Black Book Unveils 2022 Vehicle Depreciation Report

Black Book and Fitch Ratings just unveiled their latest joint depreciation report, taking an in-depth look at car and truck segment depreciation trends in 2021, as well as our outlook and forecast for depreciation in 2022.

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Newsby StaffSeptember 27, 2022

BMW Predicts Sales Growth in 2023

BMW will reach the higher end of its 7-9% margin target for its vehicle business and will see slight sales growth in 2023, forecasted CFO Nicolas Peter in a roundtable this week.

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Newsby StaffSeptember 27, 2022

VW Announces Alexa-Guided Test Drives

Customers in select regions can now schedule an in-person Alexa guided test drive of VW’s ID.4 SUV.

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ArticlesSeptember 26, 2022

Executives Predict Opportunity Amid Volatility for the Rest of 2022

Opportunity will knock in the second half of 2022, but industry leaders still recommend those in retail automotive and F&I proceed with caution.

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Newsby StaffSeptember 23, 2022

China Joins Others in Chiding US Over EV Tax Breaks

Big EV battery, materials supplier says cutting it out is ‘discriminatory.’

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Newsby StaffSeptember 23, 2022

Ex NJ Dealership Staffer Charged in Theft Scheme

Former Nissan store ad executive arrested. Prosecutors say he established shell companies to hide crimes.

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Newsby StaffSeptember 23, 2022

Construction Begins on Ford’s New $5.6 Billion EV Manufacturing Complex

The facility will further Ford CEO Jim Farley’s goal to build 2 million EVs annually by the end of 2026.

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Newsby StaffSeptember 22, 2022

Black Book: Specialty Market Insights

Powersports values are declining across the board with one exception as we head into the fall.

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