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News•by Staff•May 25, 2021

BLACK BOOK: Weekly Market Update

It is now clear that like 2020, 2021 will also not have typical seasonality patterns as the market is going through a rapid increase in wholesale values.

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News•by Staff•May 25, 2021

Survey Finds One in Three Americans Likely to Consider an EV after Fuel Shortages on East Coast

The survey was conducted on May 13, a time of significant disruption and fuel shortage up and down the East Coast.

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News•by Staff•May 25, 2021

Big 3 Takes Biggest Hit in Chip Shortage

The Detroit 3 has taken the biggest hit as automakers tweak production to manage the crisis.

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News•by Staff•May 19, 2021

Auto Loan Originations to Subprime Borrowers Drops While Prime-Risk Loans Increase

Auto loan originations and leases to subprime borrowers fell to just 15% of the total in the first quarter, reported the New York Federal Reserve.

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News•by Staff•May 19, 2021

Auto Inventories Continue to Plummet

vAuto reports vehicle inventories dropped to 2.24 million vehicles in April, representing a 44-day supply.

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News•by Staff•May 18, 2021

Black Book: Weekly Market Insights

New inventory is not expected to see improvement until the third quarter of this year, so values are expected to remain at elevated levels throughout the summer.

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News•by Staff•May 18, 2021

The Value of Agent Partnerships: How Trusted Relationships Futureproof Revenue

Join Connected Dealer Services at AE Experience on Monday, May 24.

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Articles•May 17, 2021

3 Things Dealers Should Know About Managing Online Reputation

It’s more essential now than ever to capture customers as they’re starting the car buying process, and the first impression is happening online. It’s time to make sure yours is the best it can be.

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News•by Staff•May 14, 2021

Soaring Used Car Prices Named as Key Reason for Skyrocketing Inflation

The Bureau of Labor Statistics reports the cost of previously owned sedans, pickups, and SUVs climbed 10% in April, accounting for over one-third of the 0.8% CPI increase.

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News•by Staff•May 14, 2021

Toyota Execs Say Gasoline Will Still Power Most of Its Vehicles Through 2030

The automaker bases this assessment on a belief that electric vehicles will not catch up to gasoline-powered vehicles in terms of cost and convenience by 2030.

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