FROM AUTOMOTIVE NEWS: CPO Sales Rebound Amid New-Vehicle Shortage Many dealers have been opting out of the CPO process in order to expedite vehicle availability, only certifying about 30% of...
FROM AUTOMOTIVE NEWS: Inventories Recover a Bit as Demand Moderates Sales are down 10% year over year, giving dealers some breathing room to build up inventories. Around 12,000 new...
FROM KELLEY BLUE BOOK: Average New Vehicle Price Sets Record for 5th Straight Month Nearly every major automaker saw an uptick in new vehicle transaction prices last month, a...
FROM U.S. NEWS: There’s Nothing ‘Normal’ About Labor Day 2021 The end-of-summer holiday normally signals a return to routine, but this year’s long weekend hinted at decreases in travel,...
FROM AUTOMOTIVE NEWS: Toyota, Hyundai, Kia Sales Slip in August as Chip Woes Spread Analysts predict light-vehicle sales have fallen anywhere between 4 and 18 percent in August, and...
FROM BLOOMBERG: Chip Crisis Threatens to Cut Auto Output by 7.1 Million Cars Pandemic-related lockdowns in Southeast Asia are worsening the semiconductor shortage and cutting auto output by nearly...