Black Book: Weekly Market Report
For the first time since the week of April 18th, the overall market reported softening last week.
June 28, 2022
For the first time since the week of April 18th, the overall market reported softening last week.
June 28, 2022
CFO Vikram Arora and SVP of Sales Brett Petersen aim to drive CBC’s expansion.
June 28, 2022
Rob will be responsible for driving sales strategy and ensuring the ongoing generation and production of new business through successful management and coaching of a high-performing sales team.
June 28, 2022
The automaker has dialed down its worldwide production schedule for July by 50,000 vehicles to 800,000.
June 28, 2022
European and North American automakers cut around 25,000 additional vehicles from their production schedules last week.
June 28, 2022
Kerrigan Advisors’ Erin Kerrigan sees a positive, record-breaking buy/sell market for 2022 and maybe into 2023.
June 24, 2022
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).
June 24, 2022
NHTSA has announced occupant protection safety standards for vehicles with automated driving systems, covering everything from seatbelt reminders to advanced airbags.
June 24, 2022
Wholesale used-vehicle prices (on a mix-, mileage-, and seasonally adjusted basis) were essentially unchanged from May after the first 15 days of June.
June 23, 2022
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.
June 23, 2022
Voters are asked to complete at least five of the survey’s 40 categories, entering their partner company’s name and scoring them on quality, value, customer service, and whether they would recommend that company to another dealer.
June 23, 2022
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.
June 22, 2022
West Herr Automotive Group purchased a Mazda dealership this month while Gee Automotive Cos. purchased another Subaru dealership
June 21, 2022
AvtoVAZ has started building vehicles without airbags, antilock brakes and other safety features because international sanctions have blocked imports of needed parts.
June 21, 2022
LMP Automotive Holdings Inc. sues dealership owners in New York and Texas for a combined $3 million in deposits it made to acquire their stores.
June 21, 2022
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