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Newsby StaffJanuary 26, 2022

Biden Touts Build Back Better to Key CEOs

The White House hosted the chief executives of major U.S. companies including auto and tech sector firms this week to discuss President Joe Biden's $1.75 trillion Build Back Better legislation.

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Newsby StaffJanuary 26, 2022

J.D Power: Consumers Profess a Lack of Satisfaction in Vehicle Apps

Consumers ranked Tesla’s app the highest, but respondents reported they were not completely satisfied with any of the apps they tested.

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Newsby StaffJanuary 26, 2022

Wholesale Used Vehicle Prices Rise 48.1% in 2 Years

Used-vehicle prices at wholesale, dealer-only auctions ended 2021 at 48.1% higher on average than December 2019 and 34.8% higher than  December 2020, according to KAR Global.

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Newsby StaffJanuary 25, 2022

Black Book: Weekly Market Insights

Weekly declines continued last week, but the rate of decline is still less than is typically experienced this time of year. Sellers are holding firm to floors, and we have yet to see conversion rates return to pre-holiday levels.

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Newsby StaffJanuary 21, 2022

Intel CEO Urges Moving Chip Production to U.S. and Europe

CEO Pat Gelsinger says government funding is needed to address an overconcentration of production in Asia. 

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Newsby StaffJanuary 21, 2022

IIHS Releases Rating Program for Vehicles with Partial Automation

The new rating system requires safeguards that help drivers stay focused and not treat systems, such as Tesla's Autopilot and Volvo's Pilot Assist, as self-driving cars.

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Newsby StaffJanuary 19, 2022

Despite Inventory Shortage, High Prices, Overall Car Buyer Satisfaction Remains Near Record Levels

The 12th annual Cox Automotive Car Buyer Journey Study reveals that overall car buying satisfaction remains at a near-record level, with the number of highly satisfied buyers higher than before the pandemic.

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Newsby StaffJanuary 19, 2022

Toyota Announces Manufacturing Miss

Toyota Motor Corp. announced it will not reach its goal of manufacturing 9 million cars in its fiscal year, which ends in March.

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Newsby StaffJanuary 19, 2022

Luxury Brands Saw Record Sales in 2021

Luxury car brands, such as Rolls-Royce, Bentley, Porsche and BMW saw record sales in 2021.

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Newsby StaffJanuary 18, 2022

DealerPolicy Announces New Strategic Partnership with APCO Holdings

This collaboration equips APCO with a new and comprehensive F&I solution, diversifying its portfolio for dealers and car buyers nationwide.

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