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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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The COVID-19 pandemic has opened a greater dialogue between automakers and dealers, and we cannot miss this chance for the advancement of the industry that many of us have spent our lives building.
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April data sheds light into how the industry was impacted during the early stages of COVID-19.
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NIADA praises congress for working together to help independent dealers weather the COVID-19 crisis.
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May wholesale prices stabilized after a record drop in April.
Read More →According to Kelley Blue Book, incentives, inventory levels, and pickup truck market share contribute to gain; however, these levels are not sustainable.
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Dealerware has been named the preferred provider by Jaguar Land Rover Canada to power its courtesy vehicle program.
Read More →According to a forecast released by Cox Automotive, new light-vehicle sales volume in May is expected to finish near 1,050,000 units, down 33% compared to last May but up 49% from last month.
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New platform is a free tool for auto repair services to share their compliance with COVID-19 safety standards.
Read More →Black Book recently published an update to their COVID-19 Market Updates.
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As vehicle margins continue to compress, dealers need to differentiate themselves beyond vehicle prices and offer consumers a premium experience. An excellent reputation and finding the right vendor to manage it are vital first steps.
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