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Auto Affordability Inches Up
The latest Cox Automotive and Moody’s Analytics index shows a slight increase in new-vehicle affordability despite high prices.
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SEARCHMENUSEARCHThe latest Cox Automotive and Moody’s Analytics index shows a slight increase in new-vehicle affordability despite high prices.
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Treat customers like people, not sales prospects, and sales should follow.
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Affordability continues to dog delivery momentum. Though the Q4 horizon holds promise, it also presents uncertainty.
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Some segments were up while others fell, as the auction conversion rate rose 2% to 58%.
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The CDK cyberattack and resulting disruption brought about valuable lessons and a newfound spirit of teamwork.
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Trade group says aim of measure and effort to collaborate with automakers are on the right track but that the rule needs tweaking.
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Agreement is designed to create efficiencies and make both more competitive.
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Problems in two makers’ vehicles present increased risk of crash.
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August decline is the steepest in more than seven years as consumers grapple with various roadblocks to adoption.
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With vehicle sales patterns less robust, this department is a key to healthy revenue.
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