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Dealer Opsby StaffMarch 10, 2022

BMW Plans to Resume Production at Some Plants

BMW will gradually resume production at its Munich and Dingolfing plants next week after suspending production over supply chain shortages.

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Dealer Opsby StaffMarch 10, 2022

Tesla Leads U.S. Luxury Market

In January, Tesla Inc. lead U.S. luxury market sales, lapping segment leader BMW in new vehicle registration, finds Experian data.

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Industryby StaffMarch 9, 2022

Cox Automotive Dealer Sentiment Index: Signs of Optimism Among U.S. Automobile Dealers Despite a Slow Start to the Year

Facing a slow start to the year, and with concerns over inflation and the economy, automobile dealer sentiment softened in Q1, marking the third consecutive quarter-over-quarter decline in current market sentiment.

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Industryby StaffMarch 9, 2022

Auto Dealer Service Departments Trying to Navigate Parts and Staffing Challenges, J.D. Power Finds

The combination of vehicle owners needing service more often due to accumulating mileage at pre-pandemic levels along with the disruption of the auto parts supply chain and significant staffing shortages is causing auto dealership service departments to navigate unique capacity challenges.

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Fixed Opsby StaffMarch 9, 2022

Black Book: Specialty Market Insights

With the approach of Spring and warmer weather in many parts of the country, we are beginning to see some changes in the RV market.

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Dealer Opsby StaffMarch 9, 2022

Experts Predict Soaring Vehicle Prices

The Ukraine invasion has ramped up the price of metals used in vehicles and OEMs likely will pass these costs on to consumers.

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Dealer Opsby StaffMarch 9, 2022

Experts Predict Russia-Ukraine Conflict Will Slash Global Vehicle Production

Experts predict the Russian invasion of Ukraine could slash global production of new cars and trucks by millions of units in 2022.

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Auto Financeby StaffMarch 8, 2022

Black Book: Market Update

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

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Industryby 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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Auto Financeby StaffMarch 1, 2022

Weekly Market Update

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

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