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Newsby StaffMarch 25, 2020

New Vehicle Sales Drop in March to Close a Down First Quarter in 2020

Analysts forecast a SAAR of 11.9 million in March due to market disruptions caused by the COVID-19 crisis.

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Newsby StaffMarch 25, 2020

Autotrader Names Best New Cars for 2020

Autotrader recently named the Best New Cars for 2020.

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Newsby StaffMarch 25, 2020

Vision Dealer Solutions Providing Complimentary Remote F&I™ Service for at Home Deliveries

Vision Dealer Solutions is providing its dealer VisionMenu™ clients complimentary access to the company’s Remote F&I™ service for at-home deliveries.

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Newsby StaffMarch 25, 2020

IHS Markit: Coronavirus Impact on Global Auto Demand

IHS Markit has been analyzing prevailing auto demand conditions in light of COVID-19.

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Newsby StaffMarch 25, 2020

AFC Launches Customer Relief Program in Response to COVID-19 Impact on Economic Conditions

Eligible customers can defer curtailment payments through end of May on eligible unsold units.

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Newsby StaffMarch 25, 2020

NIADA Asks President to Define Auto Sales as an Essential Service

The National Independent Automobile Dealers Association is calling on the White House to include auto sales as an essential service.

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Newsby StaffMarch 25, 2020

Auto Lease Prices Drop On Several Mid-Size Cars And SUVs In March

Automotive manufacturers offer aggressive lease deals on many vehicles amidst sales slump in response to COVID-19.

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Newsby StaffMarch 24, 2020

General Motors Fortifies Balance Sheet in Response to COVID-19

General Motors announced today that it intends to drawdown approximately $16.0 billion from its revolving credit facilities.

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Newsby StaffMarch 24, 2020

NADA: Auto Dealerships are Stepping Up During COVID-19

From increased sanitizing and cleaning to maintaining social distancing, auto dealerships are doing everything they can to keep their customers, employees and communities safe during the COVID-19 pandemic.

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Newsby StaffMarch 24, 2020

DealerSocket: COVID-19 Relief Package

DealerSocket has announced the relief programs they are offering dealers for the month of April.

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