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Used Lots Getting the Business
Many consumers are seeking out the units to save money, and the demand – higher in July than normal – is keeping supply limited and prices up.
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AE Magazine
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SEARCHMENUSEARCHMany consumers are seeking out the units to save money, and the demand – higher in July than normal – is keeping supply limited and prices up.
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Values aren’t showing any signs of slowing down, with most expecting this strength to last through the traditional Spring selling season.
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Sales is entrepreneurship, and your pipeline is your business — you should be reviewing and analyzing this on a regular basis to grow your business.
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The Rivian value debate demonstrates how investors can be split into two categories: those that make decisions based on recognizing future themes and those that invest based on traditional financial performance metrics
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The 2021 Cox Automotive Path to EV Adoption Study provides a look at the major consumer barriers that continue to slow EV adoption.
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Calendar year 2021 has not had typical seasonality patterns as the market has had rapid increases in wholesale values for the majority of the year.
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Dealers can boost electric vehicle sales when they take an educational stance with consumers.
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J.D. Power reports metrically measured customer satisfaction with their automotive purchases remains at 789 points (on a 1,000-point scale), the same as in 2020.
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We have now had ten consecutive weeks of wholesale value increases, during a time that traditionally experiences large week-over-week declines.
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Since Farley took control of the automaker last October, Ford’s stock has roughly tripled.
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Combined sales at the seven major automakers that release monthly results dropped 17% in October. Automakers cite the semiconductor chip shortage and supply chain bottlenecks as the reason.
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