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Newsby StaffMarch 15, 2022

Black Book: Market Insights Report

Overall market declines continued last week, but the rate of declined lessened.

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Newsby StaffMarch 15, 2022

Cox Automotive: February CPO Sales Increase By Double Digits Month Over Month

February’s CPO result is the highest since October 2021 and interrupts a six-month downward trend.

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Newsby StaffMarch 10, 2022

Mitubishi Motors Announces Santander Consumer USA as New Preferred Finance Partner

New partnership is announced as Mitsubishi Motors experiences record-breaking sales success, led by the all-new 2022 Mitsubishi Outlander.

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Newsby StaffMarch 8, 2022

Black Book: Market Update

Declines in wholesale prices continued last week, despite an improvement in conversion rates.

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Newsby StaffMarch 7, 2022

AutoFi Closes $85 Million in Funding to Accelerate Growth

Funding round supports further expansion and solidifies AutoFi’s position in the changing landscape of automotive retail.

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Newsby StaffMarch 3, 2022

Black Book’s Used Vehicle Retention Index Drops for the First Time Since July of 2021

Seasonally adjusted Retention Index down to 193.0 points in February of 2022 as questions about the strength of the upcoming Spring market remain.

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Newsby StaffMarch 1, 2022

Alviere Launches Automotive Embedded Finance Platform

AutoPayPlus, an automated loan payment service provider, will be Alviere’s first automotive industry client.

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Newsby StaffMarch 1, 2022

Weekly Market Update

Wholesale market declines continued last week, but the pace is starting to slow down.

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Newsby StaffFebruary 24, 2022

Cox Automotive February Forecast: Tight Inventory Keeps U.S. Auto Sales From Gaining Traction

New-vehicle sales volume has been averaging just over 1.05 million each month since last August, and this February is not expected to buck the trend.

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Newsby StaffFebruary 24, 2022

Experian: The Percentage of EV Financing Doubled Year-Over-Year

Alternative fuel vehicles now represent nearly 16% of new vehicle financing; banks originated more than 55% of new alternative fuel vehicle loans.

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