BHPH News

Black Book released its Used Vehicle Retention Index for June 2021 ascending to 166.0 Index points, a 6.5-points (or 4.0%) increase from May (159.6). The Index currently stands 44.2% above…
Nissan North America is recalling certain 2021 Rogue vehicles. The potential number of vehicles affected is 47,098. The second-row upper tether wires may have been improperly welded to the seatback…
J.D. Power has acquired Superior Integrated Solutions/Darwin Automotive, a provider of automotive finance & insurance (F&I) software used by automotive dealerships. The company press release stated the acquisition enhances the…
TrueCar Inc. forecasts total new-vehicle sales will reach 1,287,536 units in June 2021, up 16% from a year ago but down 16% vs. May 2021, when adjusted for the same…
The global microchip shortage has led to used cars costing more than new.According to iSeeCars.com’s latest analysis of over 470,000 new and lightly used cars from the 2019 and 2020…
CarMax, Inc. reported record results for the first quarter ended May 31.Diversified business model delivered record net revenues of $7.70 billion, up 138.4% compared with the prior year first quarter…
Buckeye Dealership Consulting, LLC. (Buckeye), a provider of reinsurance and F&I products for independent auto dealers, announced it has hired industry experts Chuck Bonanno and David Brotherton to its business…
Ed Curry, a former independent dealer, Sonic Automotive vice president and respected dealer trainer, has joined the National Independent Automobile Dealers Association as senior moderator/consultant for NIADA Dealer 20 Groups.…
Federal Trade Commission Chair Lina Khan will host a virtual meeting of the commission on July 1. This will be the first of a series of monthly meetings that will…