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Complianceby StaffOctober 27, 2021

FTC Strengthens Security Safeguards for Consumer Financial Information Following Widespread Data Breaches

Agency updates Safeguards Rule to better protect the American public from breaches and cyberattacks that lead to identity theft and other financial losses.

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Auto Financeby StaffOctober 26, 2021

Market Insights from Black Book

The lack of new inventory is continuing to drive up the demand for used vehicles, which in turn is forcing buyers to pay more week after week and leaving sellers wishing they had more to offer.

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Dealer Opsby StaffOctober 26, 2021

Canada Suggests Proposed U.S. EV Tax Credit Will Harm North American Auto Industry

Letter penned by Canadian Trade Minister Mary Ng suggest proposed EV tax credits will harm North American auto industry and violate trade agreements.

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Dealer Opsby StaffOctober 26, 2021

IHS Markit Predicts Production Highs in 2024

IHS Markit forecasts lows in light-vehicle sales and production will give way to increases ahead.

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F&Iby StaffOctober 21, 2021

National Auto Care Acquires Mojo Consulting

The acquisition of Mojo Consulting further accelerates NAC’s acquisitive growth strategy, which focuses on partnering with like-minded, high-growth F&I companies that value a team-oriented culture.

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Dealer Opsby StaffOctober 21, 2021

Auto Sector Calls Out Mexico's Move to Legalize “Chocolate” Cars

Mexico’s auto sector has criticized the move, saying it allows "car smuggling."

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Dealer Opsby StaffOctober 20, 2021

Cox Automotive: In Q3, Sales of Electrified Vehicles Surged Past 1 Million Units

While sales of new vehicles declined 13.4% year over year in Q3 due primarily to low inventory and high prices, sales of electrified vehicles jumped by nearly 60%, according to an analysis by Kelley Blue Book.

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Dealer Opsby StaffOctober 20, 2021

Dealers Buying Out More Existing Leased Vehicles to Alleviate Inventory Shortages

New trend helps brands like Honda and Nissan see the value of modernizing their lease policies, reports Swapalease.

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Auto Financeby StaffOctober 19, 2021

Black Book: Market Insights Report

Traditionally, values would be declining this time of year, but the lack of inventory continues to be the most common sentiment for the increased auction activity pushing values up.

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Opinionby StaffOctober 19, 2021

Major Vehicle Manufacturers and Exporters to Bear the Brunt of Chip Shortages

Global Data has downwardly revised its real GDP growth forecasts by 0.14 percentage points (pp) for Germany, 0.23pp for Japan, 0.45pp for the US and 0.25 for China. 

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