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Newsby StaffAugust 17, 2021

Black Book: Weekly Market Update

Days-to-turn for used retail listings have been increasing, as retail demand softened over the last few weeks.

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Newsby StaffAugust 12, 2021

$1 Trillion Infrastructure Package Adds In Auto Safety, EV Provisions

The U.S. Senate passed a $1 trillion infrastructure bill on a bipartisan 69-30 vote. The vote came after months of negotiations and debate.

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Newsby StaffAugust 11, 2021

Skyrocketing Used Car Prices Drive Record Sales of Vehicle Protection Policies

Growing numbers of car buyers looking to insure their investment against problems down the road.

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Newsby StaffAugust 10, 2021

Q2 Lease Trends Report Shows More Drivers Opting for Longer Lease Terms

Brands with unfavorable lease policies continue to see lower brand loyalty.

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Newsby StaffAugust 10, 2021

Market Insights from Black Book

Despite the limited inventory on dealer lots, dealer lanes continue to have higher volume at auction, while manufacturers’ remarketing lanes are offering less and less in open sales channels.

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Newsby StaffAugust 10, 2021

Cryptocurrency Payments Predicted to Grow

Today, few auto retailers accept cryptocurrency as payment, but experts predict that could soon change.

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Newsby StaffAugust 10, 2021

Analysts Predict Vehicle Production and Sales to Fall Off for Rest of 2021

LMC Automotive expects the semiconductor shortage to cut production in North America by about 452,000 units over the remaining months. The company also expects the chip shortage to impact production by about 1.5 million units.

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Newsby StaffAugust 5, 2021

Specialty Market Update

Last month we noted that the record run of value increases we have seen over the past 18 months appeared to be slowing down and possibly ending.

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Newsby StaffAugust 5, 2021

Black Book July's Used Vehicle Retention Index Shows First Drop in 2021

As wholesale prices started to decline in July, the seasonally adjusted Retention Index reversed the trend for the first time this year and decrease to 161.8 points.

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