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Newsby StaffSeptember 29, 2022

Cox Automotive Lowers Full-Year New-Vehicle Sales Forecast

September U.S. auto sales, when confirmed next week, are expected to show a new-vehicle market mostly unchanged from previous months and still stuck in low gear.

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Newsby StaffSeptember 28, 2022

State Charging Station Plans Move Forward

The U.S. Transportation Department (USDOT) has approved electric vehicle (EV) charging station plans for all 50 states, Washington D.C. and Puerto Rico.

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Newsby StaffSeptember 28, 2022

New Vehicle Purchasers Stick With Favored Brands

A J.D. Power brand loyalty study finds most car buyers return to the same brand when trading in their used vehicles.

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Newsby StaffSeptember 27, 2022

Black Book Unveils 2022 Vehicle Depreciation Report

Black Book and Fitch Ratings just unveiled their latest joint depreciation report, taking an in-depth look at car and truck segment depreciation trends in 2021, as well as our outlook and forecast for depreciation in 2022.

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Newsby StaffSeptember 27, 2022

BMW Predicts Sales Growth in 2023

BMW will reach the higher end of its 7-9% margin target for its vehicle business and will see slight sales growth in 2023, forecasted CFO Nicolas Peter in a roundtable this week.

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Newsby StaffSeptember 27, 2022

VW Announces Alexa-Guided Test Drives

Customers in select regions can now schedule an in-person Alexa guided test drive of VW’s ID.4 SUV.

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Newsby StaffSeptember 23, 2022

Ex NJ Dealership Staffer Charged in Theft Scheme

Former Nissan store ad executive arrested. Prosecutors say he established shell companies to hide crimes.

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Newsby StaffSeptember 22, 2022

Toyota Output to Fall Short in October

Toyota Motor Corp. announced plans to produce 800,000 vehicles worldwide in October, 100,000 vehicles short of its average monthly production plan.

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ArticlesSeptember 21, 2022

Why Are Soft Pulls So Effective Today?

Soft pulls can strengthen consumer confidence and trust in making the right decision, and since they aren’t locked into anything, they can resume shopping and even assess varying price ranges.

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Newsby StaffSeptember 20, 2022

Black Book: Weekly Market Insights

The wholesale market continued its decline last week, with the rate of decline remaining consistent with the past seven weeks.

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