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While this is the fourth consecutive week of declining wholesale values, decreases are still relatively modest compared to year-to-date gains.
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Sales Boost focuses on partnering with automotive, RV, marine, powersports, and motorcycle dealers to leverage patented technology, data, and analytics, to ensure consumers receive timely follow-up to increase profits and unit sales.
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Cadillac announces that every new or redesigned vehicle in North America will be electric to fulfill the luxury brand’s role as General Motors’ lead EV brand.
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Carketa is now part of a marketplace of applications and integration that CDK Global developed to help automotive dealers succeed.
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Provides used car dealers with CARFAX vehicle history data to accurately appraise vehicles.
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PayLink Direct and Olive.com will become public as Olive Ventures Holdings, Inc.
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Manufacturers are entering commitments to produce more automotive-grade chips for automotive manufacturers that have idled production amid the shortage.
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Used wholesale and retail prices are starting to stabilize in July (although at a remarkably high plateau), but new car sales are still on a rollercoaster as the chip shortage is finally showing up in the new sales numbers.
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AutoNation predicts demand for new vehicles will continue into next year, as low-interest rates and robust demand helped the retailer boost quarterly earnings estimates.
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A Trump-era USMCA interpretation could subject used vehicles shipped to the U.S. to import fees.
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