Mid-Week Auto News Update - Prices, Sales, Auctions
Jun 7, 2022
Welcome to From the Newsroom, a roundup of news from Cox Automotive and perspectives from its analysts and experts on topics dominating the automotive industry. Wholesale used-vehicle pricing increased month over month in May, according to the Manheim Used Vehicle Value Index (MUVVI) reported this morning, and remains ... Continue reading
Nutson's Weekly Auto News Wrap-up May 29-June 5, 2022
Jun 5, 2022
Below are the past week's important, relevant, semi-secret, or snappy automotive news, opinions and insider back stories presented as expertly crafted easy-to-understand automotive universe news nuggets. ... Continue reading
duPont REGISTRY Adds Luxury Car Veteran as General Manager and Newest Strategic Investor
May 31, 2022
MIAMI--duPont REGISTRY, a Motorsport Network company, announced today the addition of Ken Harte as its General Manager and its newest strategic investor. duPont REGISTRY, the most trusted source for exotic, classic and luxury cars, tapped the 30-year automotive veteran to oversee its sales team and inventory management ... Continue reading
Cox Automotive Update: Values, Affordability and Inventory
May 18, 2022
In Southeast Michigan, where this note was drafted this morning, the signs of summer have returned: Trees are all but fully bloomed and the gardens are tall and green again. The annual cycle continues, so much looks the same. ... Continue reading
April 2022 Sales Results and Other Cox Automotive Facts and Opinions
May 4, 2022
Our team is finalizing its April new-vehicle sales estimates, but every indication so far is that the numbers will land very close to our April 2022 forecast posted last week. With a nod to today's date and the excellent work from our Senior Economist Charlie Chesbrough, “The force is strong with this one.” We expe ... Continue reading
Cox Automotive Industry Report - April 29, 2022
Apr 29, 2022
Welcome to From the Newsroom, a roundup of news from Cox Automotive and perspectives from its analysts and experts on topics dominating the automotive industry. Cox Automotive has been researching the car-buying process for 12 years and, with today’s launch of the Car Buyer Financing Journey Study, is diving into the ... Continue reading
April Car Care Tips from AutoNation Keep Drivers Safe and Cars Running Smoothly
Apr 7, 2022
AutoNation recommends preparing a cost-effective emergency & car care preparedness kit to tuck into the center console or keep in the trunk. ... Continue reading
AutoNation Adds Tenured Leaders to Executive Team
Mar 31, 2022
FORT LAUDERDALE, Fla., March 3, 2022 -- AutoNation, Inc. , America's largest and most admired automotive retailer, today announced that the Company is expanding its Executive Team. Dave Koehler, who currently serves as the Eastern Region President, will be Chief Operating Officer, Non-Franchised Business. ... Continue reading
Mar 20, 2022
This exclusive, invented here On The Auto Channel, patent-pending tool is the only way to instantly rank vehicles by price, dimensions, capacities, performance, and other criteria. Don't rely on misinformation or no information when deciding which vehicle to buy, lease, or recommend. ... Continue reading
Google Dealer Ad Program Could Displace Digital Auto Brokers
Mar 14, 2022
Noting how more people are buying cars online, Google is introducing a vehicle ads format in Search that shows what’s available for purchase nearby. ... Continue reading
Mar 10, 2022
ATLANTA, March 10, 2022 -- New-vehicle average transaction prices (ATPs) decreased to $46,085 in February 2022 after reaching a record high in December 2021, according to new data released by Kelley Blue Book, a Cox Automotive company. Prices fell 0.5% ($253) month over month due to fewer luxury vehicles being sold in ... Continue reading
Used Car Dealer Vroom Reports Full Year 2021 Growth, Sold More Lost More
Mar 1, 2022
NEW YORK--Vroom, Inc. , a leading ecommerce platform for buying and selling used vehicles, today announced financial results for the fourth quarter and fiscal year ended December 31, 2021. HIGHLIGHTS OF FOURTH QUARTER 2021 21,243 ecommerce units sold, up 93% YoY Ecommerce revenue of $738.7 million, up 159% YoY Ecommerc ... Continue reading
Fisker Inc. Now Accepting Reservations for Its Second Product, the Revolutionary Fisker PEAR
Feb 15, 2022
Under $30k. The all-electric Fisker PEAR blends sustainability, technology, and design into a digitally connected, compact, five-passenger urban EV. Featuring intuitive controls, sporty driving, clever storage, and a focus on industry firsts, the Fisker PEAR will start at $29,900 before taxes and incentives in the US. ... Continue reading
Why Your Car Might Be Worth More Today Than When You Bought It
Feb 14, 2022
Washington DC February 14, 2022; The AIADA reported that the prolonged inventory crunch of dealership lots is turning the U.S. used-car market upside down: Once-depreciating vehicles are rising in value, and some recently purchased ones are worth more now than their original price. The Wall Street Journal reports that ... Continue reading
Feb 8, 2022
Subaru of America, Inc.(SOA) today announced that customers interested in purchasing the all-new 2023 Solterra can reserve theirs starting today at 12:00 P.M. ET. ... Continue reading
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