Tuesday, 11 January 2022 16:34

Rivian Ends 2021 with 1,015 Vehicles Produced, COO Retires from Company

Written by Simon Alvarez, Teslarati

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In a recent press release, Rivian announced it had officially produced a total of 1,015 vehicles by the end of 2021, 920 of which were delivered before the end of the year.

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New-vehicle average transaction prices (ATPs) increased further into record territory in December to reach $47,077, according to new data released Jan. 11 by Kelley Blue Book.

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Repairify™, Inc., a portfolio company of Kinderhook Industries, LLC, on Jan. 11 announced it has signed a global agreement with Launch Tech Co., Ltd., a leading global supplier of automotive diagnostic tools and solutions.

Tuesday, 11 January 2022 16:13

Albert Kemperle, Inc. Joins Wesco Group

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Wesco Group, a leading paint, body and equipment distributor in the western U.S. and Canada, is pleased to announce Albert Kemperle, Inc. has joined the Wesco family of companies.

Monday, 10 January 2022 22:44

Growth in Used Vehicle Values Expected Through Spring 2022

Written by Vehicle Remarketing Staff

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Wholesale used vehicle prices---on a mix-, mileage- and seasonally-adjusted basis---increased 1.6% month over month in December to a record high of 236.2, a 46.6% increase from a year ago, according to numbers released Jan. 7 from the Manheim Used Vehicle Value Index.

Monday, 10 January 2022 22:38

Poll: Americans Less Concerned About COVID, More Concerned About Economy, Inflation

Written by Casey Harper, The Center Square

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Americans are more concerned about the economy than COVID-19, even as cases surge nationwide, according to a new poll.