President Biden signed into law a nearly $1 trillion infrastructure bill to repair the nation’s aging roads and bridges, upgrade the electrical grid, and expand access to broadband Internet.
The U.S. Supreme Court has rejected Volkswagen AG's appeal to avoid lawsuits seeking damages over the automaker's alleged diesel emissions tampering.
Calendar year 2021 has not had typical seasonality patterns as the market has had rapid increases in wholesale values for the majority of the year.
Dealers can boost electric vehicle sales when they take an educational stance with consumers.
Fed Chair Jerome Powell has said the committee plans to complete tapering before raising rates, and markets are targeting June as the possible date for the next rate hike.
J.D. Power reports metrically measured customer satisfaction with their automotive purchases remains at 789 points (on a 1,000-point scale), the same as in 2020.
Porsche and GMC rank highest in respective segments.
We have now had ten consecutive weeks of wholesale value increases, during a time that traditionally experiences large week-over-week declines.
A key priority in the bill is spending $7.5 billion to build a national network of 500,000 electric vehicle (EV) charging stations.
Since Farley took control of the automaker last October, Ford’s stock has roughly tripled.
New light-vehicle sales in October 2021 saw their first month-to-month gain since April.
Combined sales at the seven major automakers that release monthly results dropped 17% in October. Automakers cite the semiconductor chip shortage and supply chain bottlenecks as the reason.
The seasonally adjusted Retention Index increased to 180.2 points, continuing to hit records.
The fourth quarter is traditionally when the market experiences most of the yearly depreciation, but after just one month in the quarter, values are reporting appreciation of more than 3.0%.
The average price of a new car hit $45,000 in September and reached $25,000 for the average used car, according to Kelley Blue Book.
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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