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Black Book's Blog – February 2015 Archive (6)

Weather Impacting The Auto Markets

Hello and welcome to this week’s Used Car Market Report with insights from Black Book and Ricky Beggs. Well, the word is officially out that Ricky Beggs' time at Black Book is limited. The final day will be April 1, 2015, and no, that is not an April Fool’s joke.



Black Book will be producing a new report that will benefit you each and every week. It's called Black Book Market…

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Added by Black Book on February 23, 2015 at 7:26am — No Comments

BLACK BOOK ANNOUNCES SENIOR VICE PRESIDENT AND EDITORIAL DIRECTOR RICKY BEGGS TO RETIRE IN APRIL

Black Book today announced that Ricky Beggs, Senior Vice President and Editorial Director, will retire from the company effective April 1, 2015. Mr. Beggs has served as the voice of Black Book for the automotive industry since his career began thirty-four years ago in 1981.



“It has been an honor to work alongside Ricky who truly has become an industry legend,” said Tom Cross, President of Black Book. “His legacy of leadership and his dedication to excellence have left an enduring…

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Added by Black Book on February 19, 2015 at 5:54am — No Comments

Activity Returns To The Lanes

Hello and welcome to this week’s Used Car Market Report with insights from Black Book. Yes, gas prices at the pump are edging up, plus $.02 two weeks ago, and now a significant $.12 this past week. The national average is still a consumer friendly $2.19. Diesel was more stable and indications are this will be the case this year compared to gas. This past week was the first increase in diesel, at…

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Added by Black Book on February 16, 2015 at 8:24am — No Comments

Weather Patterns Affecting Sales

Hello and welcome to this week’s edition of The Used Car Market Report with insight from Black Book.

As the month of January came to an end the weather for a portion of the country was brutal. Ice, snow, and strong winds…

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Added by Black Book on February 9, 2015 at 9:00am — No Comments

BLACK BOOK & FITCH RATINGS RELEASE 2015 VEHICLE DEPRECIATION REPORT

Vehicle depreciation is expected to accelerate in 2015 as increased used-car supply and larger off-lease volumes place pressure on retention rates, according to the latest joint vehicle depreciation report from Black Book® and Fitch Ratings, Inc. Click here to download the full report.



According to the report, 2014 new vehicle sales finished the year at 16.5 million units, and Black Book…

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Added by Black Book on February 3, 2015 at 11:37am — No Comments

End Of Month Reactions

Hello and welcome to this week’s Used Car Market Report, with insights from Black Book. It’s great to be back with you, and from home base and the Black Book offices. The show in San Francisco was tremendous for our team and with the enthusiasm of the franchised dealers, we are sure to have even higher new car sales in 2015, which means even more used inventory in both the wholesale and retail…

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Added by Black Book on February 2, 2015 at 8:20am — No Comments

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