NextGear Capital Shares Advice for Independent Dealers in 2022
NextGear President Scott Maybee outlines three key areas for future opportunities and growth.
NextGear President Scott Maybee outlines three key areas for future opportunities and growth.
Days-to-turn for used retail listings have slightly increased and now sits just above 38 days, which is still lower than what is typically expected.
GWC Warranty customers now have the option to order an ASE-certified mobile mechanic to fix their vehicles at home, at work or on the road.
Positive momentum in auto retail and buy/sell market will continue in 2022, according to the recently-released 2021 Kerrigan Dealer Survey: 61% of dealerships expect an increase in their valuation, 79% expect profits to rise and 77% expect to acquire more dealerships over next 12 months.
While the majority of new car purchasers take their service needs elsewhere, know that the door to that business isn’t closed but wide open for dealerships.
Values aren’t showing any signs of slowing down, with most expecting this strength to last through the traditional Spring selling season.
The J.D. Power U.S. ALG Residual Value Awards are the automotive industry standard in recognizing vehicle models projected to hold the highest percentage of their manufacturer’s suggested retail price.
The Rivian value debate demonstrates how investors can be split into two categories: those that make decisions based on recognizing future themes and those that invest based on traditional financial performance metrics
The 2021 Cox Automotive Path to EV Adoption Study provides a look at the major consumer barriers that continue to slow EV adoption.
President Biden signed into law a nearly $1 trillion infrastructure bill to repair the nation’s aging roads and bridges, upgrade the electrical grid, and expand access to broadband Internet.
Calendar year 2021 has not had typical seasonality patterns as the market has had rapid increases in wholesale values for the majority of the year.
Stout's seventh annual report offers the most comprehensive analysis of automotive recall trends, including an enhanced industry analysis of completion rates, observations on defects and risks.
Spireon relaunches the LoJack brand with advanced technology and connected car functionality to grow value for dealers.
We have now had ten consecutive weeks of wholesale value increases, during a time that traditionally experiences large week-over-week declines.
Parts manufacturers rely on magnesium from China to help reduce vehicle weights. But China’s current magnesium output is at 50% of normal levels.
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