Black Book: Weekly Market Report
The reduction in weekly depreciation that started a couple of weeks ago continued again last week, with the market reporting the lowest overall depreciation we have seen since the end of June 2022.
The reduction in weekly depreciation that started a couple of weeks ago continued again last week, with the market reporting the lowest overall depreciation we have seen since the end of June 2022.
Report shows unseasonable demand that was unexpected.
Refreshed alliance gives Nissan equal footing in two-decade partnership.
Defying market headwinds, dealer groups plan to spend excess cash.
Dealers report elevated prices, a lack of affordable vehicle models, and higher interest rates are pricing many consumers out of new cars.
Ford tries to reverse losses while GM looks to further strengthen position.
The light new-vehicle sales pace increased in January to 15.7 million, while new vehicle prices declined slightly, and incentives increased.
SUV definition changed, opening breaks to Lyric, Tesla Model Y, others.
Both projected to continue rise as inventories build from pandemic lows.
In-person tool bridges common gaps that develop when online customers visit the store to finish the deal.
Integrations between Gubagoo Virtual Retailing and KBB ICO now live for dealers seeking to harness the combination.
Auto lenders, securitization providers continue adoption of digital assets, workflows, but industry headwinds could slow progress.
Simplifies reaching Spotify’s engaged, young audience for North American clients.
Volvo Cars will soon convert mainstay models to EVs and introduce a luxury electric van.
NADA CEO Mike Stanton, outgoing Chairman Mike Alford, and incoming Chairman Geoff Pohanka shared what’s on deck for the year ahead.