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News•by Staff•June 28, 2022

Black Book: Weekly Market Report

For the first time since the week of April 18th, the overall market reported softening last week.

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News•by Staff•June 28, 2022

Toyota Trims July Production Totals

The automaker has dialed down its worldwide production schedule for July by 50,000 vehicles to 800,000.

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News•by Staff•June 28, 2022

European, North American Automakers Trim Vehicles From Production Schedules

European and North American automakers cut around 25,000 additional vehicles from their production schedules last week.

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Articles•June 24, 2022

Positive Outlook for 2022’s Buy-Sell Market

Kerrigan Advisors’ Erin Kerrigan sees a positive, record-breaking buy/sell market for 2022 and maybe into 2023.

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News•by Staff•June 24, 2022

Volkswagen AG to List Porsche Automaker

The automaker will stick to its plan to list its Porsche sports-car maker later this year as to finance its pivot toward electric vehicles (EVs).

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News•by Staff•June 23, 2022

Cox Automotive: Wholesale Used-Vehicle Prices Unchanged in First Half of June From Seasonal Adjustment

Wholesale used-vehicle prices (on a mix-, mileage-, and seasonally adjusted basis) were essentially unchanged from May after the first 15 days of June.

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News•by Staff•June 23, 2022

Study Finds Gen-Z Car Shoppers Spend More Time Researching and Find Purchase Process More Difficult Than Older Generations

Gen Z shoppers report they experience more problems compared to Baby Boomers, including 45% of Gen Z frustrated with waiting on a salesperson and 52% with additional fees.

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News•by Staff•June 22, 2022

Weekly Market Report

Sporty Cars traditionally decline during this time of year, but the segment is still reporting increases with an average weekly increase of +0.24% over the last eleven weeks.

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News•by Staff•June 21, 2022

Acquisitions Continue for Two Automotive Groups

West Herr Automotive Group purchased a Mazda dealership this month while Gee Automotive Cos. purchased another Subaru dealership

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News•by Staff•June 21, 2022

Russian Automaker Producing Vehicles Without Standard Safety Features

AvtoVAZ has started building vehicles without airbags, antilock brakes and other safety features because international sanctions have blocked imports of needed parts.

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