Auto Dealership Buy/Sell Market Continued to Soar in Q3, with Record Valuations
Dec 14, 2020
continued to soar in Q3, putting it on track to surpass 2015’s record transaction numbers, according to the just-released Third Quarter 2020 Blue Sky Report® by Kerrigan Advisors. With a flurry of mega dealer transactions, and high dealership earnings, blue sky values shot to unprecedented levels during the quarter. ... Continue reading
J.D. Power Poised to Set New Vision for Automotive Forecasting After Completing ALG Acquisition
Dec 1, 2020
J.D. Power is the global leader in data analytics and consumer intelligence, while ALG is the industry authority on automotive residual value projections in both the United States and Canada. ... Continue reading
2020 Pickup Truck Sentiment Study From CarGurus
Oct 31, 2020
released its CarGurus 2020 Pickup Truck Sentiment Study that examines how COVID-19 has impacted sentiment pertaining to the pickup truck segment. ... Continue reading
Motorists warned to lookout for new lockdown car-related scams
Oct 19, 2020
New lockdown rules coupled with economic uncertainty, create perfect conditions for fraudulent activity. Motorists urged to guard against fake vehicle sales, insurance broker fraud, DVLA scams and staged car accident fraud. ... Continue reading
DESIGN, DELIVER, AND DRIVE: GETTING A CAR ONLINE COULD SOON BE AS EASY AS A NEW OUTFIT.
Oct 7, 2020
The Vindis Express Store is available 24/7 – making the purchasing process accessible around busy lives · Design and purchase an Audi, ŠKODA, SEAT, Volkswagen or Bentley vehicle in six simple steps Shopping habits in every industry have been moving online for years, and the UK has been distinctively trailing behind ... Continue reading
Sep 24, 2020
CarMax customers have the option to buy a car online and receive delivery through contactless curbside pickup, available nationwide, or home delivery, available to most customers. ... Continue reading
10 Most KBB Awarded Cars & Most KBB Awarded Brands of 2020
Aug 27, 2020
IRVINE, Calif., Aug. 27, 2020 -- In this age of uncertainty, car buyers are looking for vehicles and brands they can trust to take on the road ahead. ... Continue reading
Aug 26, 2020
J.D. Power and Notarize, the leading software platform provider for remote online notarization (RON) looking for better and cost-effective online transaction solutions. ... Continue reading
J.D. Power Continues Acquisitions - Buys ALG From TrueCar
Aug 7, 2020
J.D. Power, a global leader in data analytics and consumer intelligence, today announced it has entered into an agreement to purchase ALG, Inc., from TrueCar, Inc., for $135 million. ALG is an industry authority on automotive residual value projections in both the United States and Canada, and the acquisition is expect ... Continue reading
2021 Chevrolet Corvette Stingray Same Price, More Stuff
Jul 8, 2020
Corvette Stingray retains carryover pricing – the same as the introductory model – with MSRP starting at $59,995 for the coupe and $67,495 for the convertible. ... Continue reading
Top 20 Social Media Automotive Moneymakers - Watch, Listen and Learn
Jul 3, 2020
With millions of followers on platforms such as YouTube and Instagram, these are the A-list of the motoring world and are quickly becoming staples of automotive entertainment. ... Continue reading
News Magazine Announces their Best 4th of July Car Deals
Jul 1, 2020
U.S. News & World Report, the global authority in rankings and consumer advice, today unveiled 2020's Best 4th of July Car Deals. The list includes 10 vehicles, including a full-size truck, two sports cars and multiple family-friendly SUVs. ... Continue reading
Used Vehicle Market in Full Recovery Say J.D. Power
Jun 19, 2020
In the June 2020 Used Car and Light Truck Guidelines Plus Industry Update, analysts from J.D. Power Valuation Services reported that wholesale used vehicle activity steadily improved over the course of May as the market moved towards recovery of both sales volumes and prices. On an index basis, J.D. Power’s Used Vehi ... Continue reading
Cox Automotive (KBB, Auto Trader, Mannheim, Others) Cuts 275 Employees
Jun 19, 2020
Atlanta June 19, 2020; Automotive News reported that Cox Automotive, facing a sharp decline in 2020 revenue, eliminated roughly 275 jobs yesterday. The cuts are the first permanent job reductions stemming from the pandemic, Cox confirmed. ... Continue reading
Jun 14, 2020
NAPERVILLE, Ill., June 11, 2020 -- Dealer Inspire (DI), a Cars.com Inc. company that provides disruptive technology and digital marketing solutions to the automotive industry, announced today a new OEM agreement with American Honda Motor Co. DI has been selected as a website and technology platform provider for Honda's ... Continue reading
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