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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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The wholesale market continued a trend of decline last week.
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June conditions, including best average loan rate in a year, make buying more likely.
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CDK systems outage at least partly to blame. Cox foresees recovery this month.
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New buyers, especially those with EV trade-ins, are feeling the brunt of depreciation as market normalizes.
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Research shows systems don’t prevent crashes and could even cause them.
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Stellantis, BMW events are unrelated but aimed at fixing potentially dangerous scenarios.
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A compliance checklist is a must for auto dealerships on every deal to ensure regulations are followed and trouble avoided.
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Behind the scenes, that is. Merging back-office duties is accelerating along with industrywide consolidation.
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The only shot you miss is the one you don’t take – right or wrong?
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