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Categories: Dealer Ops, F&I, Industry, Sales, Showroom
New-Vehicle Prices Surge to Record Highs for Fifth Straight Month

At $43,355, the average new-vehicle transaction price hit a record high in August 2021 for the fifth consecutive month, according to Kelley Blue Book.

https://www.agent-entrepreneur.com/365909/new-vehicle-prices-surge-to-record-highs-for-fifth-straight-month
Categories: Fixed Ops, Industry, Sales, Showroom
Black Book: Weekly Market Update

The overall market continued to decline this past week, but the rate of depreciation lessened, and some segments reported positive pricing movement.

https://www.autodealertodaymagazine.com/365749/black-book-weekly-market-update-4
Categories: Fixed Ops, Industry, Sales, Showroom
Q2 2021 Brand Watch: Truck Shopping Picks Up; Subaru Slips; Ram Tops in Important Factors

Inventory-constrained Toyota held on to the top spot for shopping consideration, but Ford narrowed the gap in the second quarter despite its own supply...

https://www.fi-magazine.com/365821/q2-2021-brand-watch-truck-shopping-picks-up-subaru-slips-ram-tops-in-important-f
Categories: Dealer Ops, Industry, Showroom
Mexico Expects US to Comply with Rules in New North American Trade Pact

The countries are at odds over a USMCA requirement that auto manufacturers to meet a 75% threshold for North American content for vehicles to qualify for...

https://www.agent-entrepreneur.com/365877/mexico-expects-us-to-comply-with-rules-in-new-north-american-trade-pact
Categories: Dealer Ops, Industry, Opinion
Interest in EVs has Tripled – How can Automakers Take Advantage?

More than a third of U.S. consumers are now considering an EV, according to new Ipsos data.

https://www.fi-magazine.com/365879/interest-in-evs-has-tripled-how-can-automakers-take-advantage
Categories: F&I, Industry, Meet the Executive, Product & Technology
National Auto Care Furthering Aggressive Growth Strategy with Five Acquisitions

National Auto Care has acquired five agencies - Profit Concepts, Pinnacle Dealer Services, Pritchard Insurance, RRC Companies and Ace Financial Development...

http://www.providers-administrators.com/365756/national-auto-care-furthering-aggressive-growth-strategy-with-five-acquisitions
Categories: Dealer Ops, Industry, Showroom
Toyota and Honda Criticize EV Proposal that Favors Union Plants

The companies sharply criticized a Democrat proposal in the U.S. House of Representatives to give union-made electric vehicles an additional $4,500 tax...

https://www.fi-magazine.com/365925/toyota-and-hondo-criticize-ev-proposal-that-favors-union-plants
Categories: Auto Finance, Dealer Ops, Industry, Sales, Showroom
Market Insights from Black Book

On a volume-weighted basis, the overall Car segment increased +0.18%. For reference, the previous week cars increased by +0.06%.

https://www.fi-magazine.com/365862/market-insights-from-black-book
Categories: Fixed Ops, Industry, Sales, Showroom
Black Book: Weekly Market Update

The overall market continued to decline this past week, but the rate of depreciation lessened, and some segments reported positive pricing movement.

https://www.agent-entrepreneur.com/365749/black-book-weekly-market-update-4
Categories: Auto Finance, Dealer Ops, Industry, Sales
Buy-Sell Activity is Surging and Blue Sky Values Continue to Hit Record Levels

Haig Partners released its Q2 2021 Haig Report, a quarterly report that tracks trends in auto retail and how they impact dealership values.

https://www.autodealertodaymagazine.com/365827/buy-sell-activity-is-surging-and-blue-sky-values-continue-to-hit-record-levels


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