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Categories: Auto Finance, Dealer Ops, Industry, Sales, Showroom
NADA Market Beat: Limited Vehicle Availability Continues to Impact Sales Despite Slight Inventory Increases in November

While November began with a slight increase in inventory levels from September’s all-time lows, limited vehicle availability continues to keep sales well...

https://www.autodealertodaymagazine.com/366597/nada-market-beat-limited-vehicle-availability-continues-to-impact-sales-despite-slight-inventory-increases-in-november
Categories: Auto Finance, Fixed Ops, Industry
Weekly Market Insights

As we head into the last month of the year, used retail listings have stabilized around 16% below where we started the year.

https://www.autodealertodaymagazine.com/366587/weekly-market-insights
Categories: Fixed Ops, Industry, Showroom
Black Book’s Used Vehicle Retention Index Continues to Increase

The seasonally adjusted Retention Index increased to 189.9 points, reaching another record.

https://www.autodealertodaymagazine.com/366574/black-books-used-vehicle-retention-index-continues-to-increase
Categories: Auto Finance, Dealer Ops, F&I, Fixed Ops, Industry, Sales, Showroom
New Data Shows Delinquencies Remain Low Amid Rising Average Vehicle Loan Amounts

Experian’s "State of the Automotive Finance Market: Q3 2021" report finds delinquencies remain lower than pre-pandemic levels.

https://www.autodealertodaymagazine.com/366566/new-data-shows-delinquencies-remain-low-amid-rising-average-vehicle-loan-amounts
Categories: Dealer Ops, Industry, Showroom
Worst is Behind Us, Says NADA Chairman

Though challenges remain, many positive signs point to a return to normal some time in 2022, says NADA Chairman Paul Walser.

https://www.autodealertodaymagazine.com/366562/worst-is-behind-us-says-nada-chairman
Categories: Auto Finance, Dealer Ops, Industry, Sales
Cox Automotive Forecast: November Auto Sales Stuck in Low Gear As Consumers and Dealers Face Tight New-Vehicle Inventory and High Prices

November’s seasonally adjusted annual rate of sales is forecast to finish near 13.4 million, down 16% from last year when the sales pace was 15.9 million.

https://www.autodealertodaymagazine.com/366550/cox-automotive-forecast-november-auto-sales-stuck-in-low-gear-as-consumers-and-d
Categories: Auto Finance, Dealer Ops, Fixed Ops, Industry, Sales
Black Book: Weekly Market Updates

Days-to-turn for used retail listings have slightly increased and now sits just above 38 days, which is still lower than what is typically expected.

https://www.autodealertodaymagazine.com/366534/black-book-weekly-market-updates
Categories: Dealer Ops, Industry, Showroom
U.S. Must “Get Serious” About Chip Production

Commerce Secretary urges Congress to pass funding designed to boost domestic production of semiconductor chips.

https://www.autodealertodaymagazine.com/366532/u-s-must-get-serious-about-chip-production
Categories: Dealer Ops, Digital, Industry, Product & Technology, Showroom
Nissan Commits to Spending $17.6 Billion on Battery-Powered Vehicles Over Next 5 Years

Automaker reports batteries will power half of the vehicles it sells by 2030.

https://www.autodealertodaymagazine.com/366530/nissan-commits-to-spending-17-6-billion-on-battery-powered-vehicles-over-next-5-years
Categories: Fixed Ops, Industry, Showroom
Auto Dealers Expect Valuations and Profits to Increase in 2022

Positive momentum in auto retail and buy/sell market will continue in 2022, according to the recently-released 2021 Kerrigan Dealer Survey: 61% of...

https://www.autodealertodaymagazine.com/366519/auto-dealers-expect-valuations-and-profits-to-increase-in-2022


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