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Industry•by Staff•February 23, 2022

Protective Asset Protection Focuses on New Brand Identity

Growth-aligned brand strategy reinforces company’s aspiration to help dealers offer most reliable protective products.

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Meet the Executive•by Staff•February 23, 2022

Client Command Names Michael Salicco Chief Revenue Officer

This addition to the executive team will empower Client Command to maximize its competitive advantage with data to help dealer customers, affiliate partners and company reach its business potential.

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F&I•by Staff•February 23, 2022

Brightline Dealer Advisors Launches New Employee Benefits Practice for Automotive Dealers

Delivers white glove service for dealers, employees and HR to save time and money and increase employee satisfaction.

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Meet the Executive•by Staff•February 23, 2022

CNA National Appoints New Regional Vice President of Sales

Travis Long’s extensive industry experience made him the top candidate for the role.

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Industry•by Staff•February 23, 2022

Volkswagen Drives Toward Porsche IPO

Volkswagen and its top shareholder have prepared a preliminary agreement to list Porsche to boost the parent company's valuation and fund its push into EVs.

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Industry•by Staff•February 23, 2022

Dealers Ask for Relief From Massive Tax Bills

A coalition has asked the U.S. Treasury Department to grant relief to dealers employing the LIFO tax deferment strategy who face excessive tax bills this spring.

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Sales•by Staff•February 22, 2022

Black Book: Weekly Market Update

The Estimated Average Weekly Sales Rate has dropped to 61% this week, after a few weeks at 62%. This is not surprising as wholesale buyers try to anticipate consumer sentiment and wholesale seller behavior.

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Industry•by Patrick Manzi, NADA Chief Economist•February 22, 2022

NADA: The Facts About New Vehicle Pricing

Recent media coverage about rising new-vehicle prices fails to account for unprecedented market conditions in the retail auto market.

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Industry•by Staff•February 17, 2022

LMP Automotive Holdings to Terminate Seven Pending Auto Dealership Purchases

LMP Automotive Holdings Inc. plans to terminate seven pending purchases of many auto dealerships due to an inability to secure financial commitments.

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Industry•by Staff•February 16, 2022

VW Plans to Increase Production in Second Half of 2022

Volkswagen plans to decide on location for new plant and increase production output in the second half of 2022, reports company officials.

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