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Newsby StaffSeptember 1, 2022

Ford, Rivian and GM Issue Recalls

Ford Motor Co., General Motors, and Rivian recently issued recalls that affect nearly 400,000 U.S. vehicles, reports the NHTSA.

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Newsby StaffSeptember 1, 2022

BEV Prices Keep Rising

iSeeCars research finds prices of battery-electric vehicles (BEVs) rose 54.3%, while used internal-combustion-engine (ICE) vehicle prices rose 10.1%.

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Newsby StaffAugust 31, 2022

Auto Dealership Buy/Sell Market Hits Another Record in First Half of 2022: Valuations Climb with Profits, Liquidity Drives Demand

Despite negative economic headlines and a volatile stock market, auto retailers continued their expansion through acquisition, with buy/sells increasing 16% YOY, despite spending pullbacks by public retailers, according to the Second Quarter 2022 Blue Sky Report® by Kerrigan Advisors.

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Newsby StaffAugust 30, 2022

Black Book: Market Insights Report

The Estimated Average Weekly Sales Rate dropped to 60% last week.

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Newsby StaffAugust 30, 2022

FTC Denies Extending Comment Period on Proposed Dealer Regulations

The FTC voted 5-0 against a further deadline extension after receiving approximately 2,400 comments.

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Newsby StaffAugust 30, 2022

ACV Auctions Files Lawsuit Against Competitors

The complaint claims auto auction competitors collaborated to prevent ACV Auctions from gaining access to AutoIMS.

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Newsby StaffAugust 29, 2022

Peak Insight Report Points to Continuing Strength of Showroom Conversion Rates as Inventory Remains Low

The quarterly report aims to reveal the top converting lead sources and partners as detailed through DealerPeak’s proprietary backend data.

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Newsby StaffAugust 26, 2022

Group 1 Automotive to Keep Focus on Acquisition

Group 1 Automotive Inc. will focus on growth through acquisition in the U.S. and UK, says Daryl Kenningham, incoming president and CEO.

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ArticlesAugust 26, 2022

Captives are Monitoring Disparate Impact

There are at least three reasons your dealers need data when confronted with allegations of disparate impact.

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Newsby StaffAugust 26, 2022

Cox Automotive Forecast: August U.S. Auto Sales Languish at Slow Pace With Persistent Headwinds

According to the Cox Automotive forecast, the August U.S. auto sales pace, or SAAR, is expected to finish flat month over month at 13.3 million, up from last year’s 13.1 million level.

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