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War Toll a Damper on Used Auto Prices
Cox Automotive found wholesale depreciation to be elevated in September amid high fuel prices and this year's unusual hurricane season.
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SEARCHMENUSEARCHCox Automotive found wholesale depreciation to be elevated in September amid high fuel prices and this year's unusual hurricane season.
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National Auto Care has acquired five agencies - Profit Concepts, Pinnacle Dealer Services, Pritchard Insurance, RRC Companies and Ace Financial Development Group.
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The overall market continued to decline this past week, but the rate of depreciation lessened, and some segments reported positive pricing movement.
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Giving your employees both the tools and authority are vital components of the delegation process.
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Urban Science’s midyear Automotive Franchise Activity Report puts average throughput at 910 new vehicles per store this year.
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Days-to-turn for used retail listings have been increasing, as retail demand softened over the last few weeks.
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The U.S. Senate passed a $1 trillion infrastructure bill on a bipartisan 69-30 vote. The vote came after months of negotiations and debate.
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Brands with unfavorable lease policies continue to see lower brand loyalty.
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Record-breaking buy/sell activity might trim the total number of automotive dealership owners, but it will brighten the future for those left behind.
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As wholesale prices started to decline in July, the seasonally adjusted Retention Index reversed the trend for the first time this year and decrease to 161.8 points.
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The company will idle plants in Flint, Michigan; Fort Wayne, Indiana; and Silao, Mexico, just one week after the plants resumed production after an earlier shutdown related to the shortage.
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