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Newsby StaffAugust 2, 2022

Weekly Market Insights Report

Used Retail Prices are more accessible than in years past, due to the proliferation of ‘no-haggle pricing’ for used-vehicle retailing.

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Newsby StaffAugust 2, 2022

GM Seeks to Prevent Quick Flips of High Demand Vehicles

General Motors has asked its dealers to help prevent customers from quickly flipping high-demand vehicles and adding high markups.

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Newsby StaffAugust 2, 2022

Ford Stock Surges 32%

Ford Motor stock hit its best month since the Great Recession, advancing nearly 32% since its 127.4% surge in April 2009.

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ArticlesJuly 28, 2022

10 Practical Strategies to Get Your Foot in the Door

Making a sale requires access to decision makers, socialization, and transfer of emotion, but it all starts with maximizing opportunities and obtaining a meeting with a decision maker.

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Newsby StaffJuly 28, 2022

Senate Passes CHIPS Bill on 64-33 Vote

The House is expected to also pass the bipartisan bill that earmarks billions of dollars to boost domestic semiconductor production.

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Newsby StaffJuly 28, 2022

Automakers Face Pressure to Raise Wages in Contract Negotiations

General Motors, Ford Motor and Stellantis may need to boost wages as they negotiate a four-year labor contract for 150,000 employees.

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Newsby StaffJuly 28, 2022

Penske Automotive Group Sees Q2 Income Hike

Penske Automotive Group reported a 10% rise in income to $375.9 million in the second quarter, its most profitable quarter ever.

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Newsby StaffJuly 27, 2022

Black Book: Specialty Market Insights

Whether it is as a result of current inflationary pressures causing a pullback from consumers, or is more evidence of a return to traditional seasonal valuation patterns, prices have dropped for most segments as we reach the mid-point of summer.

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Newsby StaffJuly 27, 2022

Cox Automotive Forecast: July U.S. Auto Sales Drop as Recovery Headwinds Grow

July U.S. auto sales are expected to show very little change from June’s results as a lack of supply continues to batter the new-vehicle market.

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Newsby StaffJuly 26, 2022

Market Insights Report

The Estimated Average Weekly Sales Rate remains somewhat stagnant, around the 66% mark.

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