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Black Book released its Used Vehicle Retention Index for June 2020 (115.1), a +9.1-point change from May (106.0). “Fueled by Federal stimulus and a lack of new inventory, retail demand…
Lithia Motors Inc. reported significant improvements across all business lines in June compared to the results previously reported for April and May. For the month of June, total same-store vehicle…
Mercedes-Benz USA reported Q2 sales of 59,461 Mercedes-Benz models. Additionally, Mercedes-Benz Vans recorded Q2 sales of 10,760, bringing MBUSA to a grand total of 70,221 vehicles for the quarter, a…
Shift Technologies Inc., an e-commerce platform, and Insurance Acquisition Corp., a publicly traded special purpose acquisition company, announced they have entered into a definitive merger agreement whereby Shift will combine…

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