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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 Washington Area New Automobile Dealers Association made a $50,000 donation today to MedStar Georgetown University Hospital, to help support its work screening and treating patients during the COVID-19 pandemic.
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Even as they are operating in a challenging environment where customers and employees are staying home and the rules of operation change every day, auto dealers across the country are pitching in and doing their best to help their communities weather the pandemic.
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Leading fixed ops solution to provide dealers multiple key features at no additional charge.
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America’s auto dealerships continue to work through the challenges of operating during the coronavirus pandemic. Service departments, personal transportation are still important in countries where a nationwide lockdown has been implemented.
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Customer retention takes spotlight as 1.8 million auto leases mature between March and July.
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Average new-vehicle prices up nearly 3% year-over-year in March 2020, despite COVID-19 impact on the economy, according to Kelley Blue Book.
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Crisis triggers a 47.9% decline from 52-week high in December; Kerrigan Advisors release additional insights into automotive retail ramifications.
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A multimillion-dollar settlement should compel agents to take a closer look at the marketing language that accompanies the GAP product their dealers sell.
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Agents and dealers often hold the same opinions on the issues of the day, but talking politics on the job is still a bad idea and could cost your agency business.
Read More →As more stay-at-home orders go into effect and dealership sales departments are required to close, the buying activity on the lanes has decreased and so have the prices according to this week’s Used Car Market Insights report from Black Book and Laura Wehunt, Vice President, Automotive Valuations.
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