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COVID-19 Market Update from Black Book
Black Book recently published an update to their COVID-19 Market Updates.
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Black Book recently published an update to their COVID-19 Market Updates.
U.S. Transportation Secretary, Elaine L. Chao, announced the first participants in a new automated vehicle initiative to improve safety, testing, and public engagement.
AutoLeadStar unveiled the results of their latest benchmark report on buyer trends titled, “A Post COVID-19 Era for Automotive: The Next Leap in Dealer Technology.”
As COVID-19 has lead to more vehicles being financed and purchased online, the ability of the F&I department to sift out synthetic fraud will be increasingly valuable to them. F&I managers are encouraged to take another look at available technologies to identify synthetic fraud when practiced against their dealership.
Black Book recently published an update to their COVID-19 Market Updates.
The COVID-19 pandemic has opened a greater dialogue between automakers and dealers, and we cannot miss this chance for the advancement of the industry that many of us have spent our lives building.
April data sheds light into how the industry was impacted during the early stages of COVID-19.
NIADA praises congress for working together to help independent dealers weather the COVID-19 crisis.
May wholesale prices stabilized after a record drop in April.
According to Edmunds, car shoppers got to take advantage of generous incentives offered by automakers, but analysts caution that these deals will dry up during the summer.
According to Kelley Blue Book, incentives, inventory levels, and pickup truck market share contribute to gain; however, these levels are not sustainable.
The automotive industry has seen an unprecedented loss in sales over the past few months and F&I departments are facing serious challenges amidst these losses. We spoke with five leaders in F&I training, and they shared their thoughts, advice, and predictions on what to do today to help prepare for tomorrow.
Dealerware has been named the preferred provider by Jaguar Land Rover Canada to power its courtesy vehicle program.
According to a forecast released by Cox Automotive, new light-vehicle sales volume in May is expected to finish near 1,050,000 units, down 33% compared to last May but up 49% from last month.
Due to a multitude of factors, including vehicle sales, household debt and unemployment, automotive lenders will be affected differently depending on their market segment and their loan origination process.
More than 160 dealers, agents, and industry executives took part in the inaugural West Coast Compliance Summit, one of three concurrent events featured at Industry Summit 2016. And more than 80 of them successfully completed the event’s compliance certification component.
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