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News•by Staff•April 2, 2020

Recapturing Lease Customers Will Be Critical as Auto Dealers and Lenders Navigate Downturn

Customer retention takes spotlight as 1.8 million auto leases mature between March and July.

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News•by Staff•April 1, 2020

Average New-Vehicle Prices Up Nearly 3% Year-Over-Year in March 2020

Average new-vehicle prices up nearly 3% year-over-year in March 2020, despite COVID-19 impact on the economy, according to Kelley Blue Book.

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News•by Staff•April 1, 2020

The Kerrigan Index Drops to 2012 Levels

Crisis triggers a 47.9% decline from 52-week high in December; Kerrigan Advisors release additional insights into automotive retail ramifications.

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News•by Staff•March 31, 2020

BLACKBOOK: COVID-19 Market Update

As more stay-at-home orders go into effect and dealership sales departments are required to close, the buying activity on the lanes has decreased and so have the prices according to this week’s Used Car Market Insights report from Black Book and Laura Wehunt, Vice President, Automotive Valuations.

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News•by Staff•March 30, 2020

NADA Launches Coronavirus Website Hub

NADA has launched a new section of its website, the NADA Coronavirus Hub, for local dealerships looking for information on NADA’s government advocacy, regulatory compliance, educational resources, webinars and government resources related to the COVID-19 pandemic.

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News•by Staff•March 30, 2020

U.S. Chamber Issues Summary of New SBA Loan Programs

The CARES Act provides $2 trillion of stimulus to individuals, businesses, and hospitals and other impacted industries in response to the economic distress caused by the pandemic.

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News•by Staff•March 30, 2020

APCO Holdings, LLC, Announces Added Support for Dealers Experiencing Hardship Due to COVID-19

APCO Holdings announced they will begin providing free access to digital retailing tools and online training courses designed to help dealers as the coronavirus crisis impacts normal business operations.

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News•by Staff•March 27, 2020

NIADA Applauds Government’s Swift Action

Passage and signing of CARES Act provides emergency relief to independent auto dealers.

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News•by Staff•March 26, 2020

NADA Chairman Praises Senate Passage of Economic Stimulus Package

NADA Chairman Rhett Ricart released a statement in response to the Senate passage of the Coronavirus Aid, Relief, and Economic Security (CARES) Act.

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News•by Staff•March 26, 2020

AutomotiveMastermind: 36-point COVID-19 Checklist

As more state governments enforce a temporary or partial shutdown of dealerships, automotiveMastermind has shared a comprehensive 36-point checklist.

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