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.
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.
Customers in select regions can now schedule an in-person Alexa guided test drive of VW’s ID.4 SUV.
The F&I Dealer of the Year award, is handed out annually to a dealership with a highly profitable F&I department that demonstrates a commitment to regulatory compliance.
Opportunity will knock in the second half of 2022, but industry leaders still recommend those in retail automotive and F&I proceed with caution.
Big EV battery, materials supplier says cutting it out is ‘discriminatory.’
Former Nissan store ad executive arrested. Prosecutors say he established shell companies to hide crimes.
The facility will further Ford CEO Jim Farley’s goal to build 2 million EVs annually by the end of 2026.
Powersports values are declining across the board with one exception as we head into the fall.
NADA numbers show sales prices rose, though volume was down due to inventory shortages.
IIHS found U.S. theft claims were nearly twice as common for Hyundai Motor and Kia Corp. than other manufacturers vehicles for the 2015 through 2019 model years.
Toyota Motor Corp. announced plans to produce 800,000 vehicles worldwide in October, 100,000 vehicles short of its average monthly production plan.
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