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Newsby StaffJune 13, 2022

Black Book Used Vehicle Retention Index Jumps 3.4 Points

Index reverses a 3-month slide and increases to 188.8 points in May 2022 as tight new inventory and record low incentives push used wholesale prices up across most segments.

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Newsby StaffJune 8, 2022

Total U.S. Automotive Aftermarket Sales Forecasted to Increase 8.5% in 2022

The Joint Channel Forecast Model details a strong aftermarket recovery coupled with indicators for continued growth.

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Newsby StaffJune 8, 2022

NHTSA Investigates Whether Ford Dealership Failed to Comply with Federal Safety Regulation

U.S. auto safety regulators investigate whether a New York Ford dealership delivered a new vehicle with an outstanding safety recall.

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Newsby StaffJune 7, 2022

Cox Automotive: Wholesale Used-Vehicle Prices Increase in May

All major market segments saw seasonally adjusted prices that were higher year over year in May, except for pickups.

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Newsby StaffJune 7, 2022

Credit Unions Amass Largest Share of the Automotive Finance Market in Five Years

New Experian report shows ongoing impact of inventory shortage on automotive finance market, as average vehicle loan amounts and monthly payments continue to rise.

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Newsby StaffJune 7, 2022

Black Book: Weekly Market Insights

The overall market continued to see positive movement last week, but some of the segments that have been catching our eye in recent weeks for their pricing movements are now doing so for different reasons.

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Newsby StaffJune 7, 2022

New Franchise Laws May Change How Auto Dealerships Operate

State dealer associations in some states have proposed new language in franchise laws to address new concepts in the industry such as over-the-air service updates and vehicle reservations.

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Newsby StaffJune 7, 2022

Automakers Report Greater Access to Semiconductor Chips

With an improved chip supply, carmakers are at work whittling down order backlogs.

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Newsby StaffJune 2, 2022

DealerPeak Releases Top Converting Sources for Website Providers, Marketplaces and Digital Retail Partners in New Q1 2022 Peak Insight Report

The quarterly report aims to reveal the top converting lead sources and partners as detailed through DealerPeak’s proprietary backend data.

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Newsby StaffJune 2, 2022

Brown & Brown, Inc. Announces the Acquisition of Dealer Specialties Group Corp. by Brown & Brown Dealer Services

Dealer Specialties is an independent sales and service organization providing F&I products and sales support to automotive and powersport dealers primarily in New York state.

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