Final New Car Sales Numbers for ’21 Weak, BUT Dealerships Making Money!
We all know what happened last year in the automotive world. Profit margins were higher than ever, but ironically, new models were few and far...
Business Trends
Featured SWAPALEASE.COM RELEASES LATEST FIGURES ON LEASE CREDIT APPROVALS SHOWING AN INCREASE FOR JULY
Lease Credit Approvals Reached 70.0% in July; Up from 67.6% in June CINCINNATI, OHIO (August 23, 2021) – Swapalease.com, the nation’s largest car lease marketplace, reports car...
EV Sales on the Rise in ’21 as Gas Prices Soar
It appears as though sales of both electric and hybrid vehicles are back en vogue in the first quarter of 2021. Electric vehicles accounted for...
PureCars Customer Survey on Digital Retailing Tools
ATLANTA – (May 17, 2021) – PureCars, a leading provider of digital marketing technology and services for automotive dealers, today announced results of its latest industry...
Automotive Inventories Down, Values Up (Black Book)
Automotive Wholesale Prices, Week Ending May 15th The week-over-week increases continued for a sixteenth consecutive week. With the availability of used and new inventory remaining low, the...
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Specialty Market Insights – 3/18/2021
BlackBook.com Motorcycle & Powersports Market Update “After the strong start to 2021 we observed last month, for March, most Powersports segments have seen relatively minor...
Market Insights – 3/16/2021
BlackBook.com Wholesale Prices, Week Ending March 13th This past week saw another round of all segments reporting increases in wholesale values. New and used inventory...
Lease Payments Rose in December, Will the Trend Continue?
CINCINNATI, OHIO (December 15, 2020) – Wantalease.com, the nation’s first online car lease marketplace for new lease deals, reports the latest update on new lease offerings...
PureCars Analysis of Car Dealer Digital Advertising Focus: End of ’20 vs Pre-Covid
PureCars analyzed auto retailer digital advertising spending in three key areas and compared average daily spending presently (end of November) compared with “pre-pandemic” (early March)....
CarValuator Delivers on Custom Appraisals and Instant Purchase Offers for Dealer Sites
Tom Murray, co-founder of WebBuy discusses the benefits and advantages of their newly designed, modular valuation tool (CarValuator) that adapts to any franchise or Independent...