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News•by Staff•November 30, 2021

Nissan Commits to Spending $17.6 Billion on Battery-Powered Vehicles Over Next 5 Years

Automaker reports batteries will power half of the vehicles it sells by 2030.

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News•by Staff•November 30, 2021

LAST CHANCE: Submit Your Nomination for 2021 F&I Dealer of the Year

Dealership employees, general agents, vendors, and F&I providers are encouraged to nominate their stores and dealer clients for the annual award.

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News•by Staff•November 29, 2021

The CarMax Foundation Doubles Support for Annual #GivingTuesday Campaign to More Than $1 Million

Each of CarMax’s 27,000+ associates empowered to donate funds from The CarMax Foundation to a nonprofit they care most about.

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News•by Staff•November 29, 2021

GWC Warranty Selects Wrench as a Preferred Facility Repair Partner

GWC Warranty customers now have the option to order an ASE-certified mobile mechanic to fix their vehicles at home, at work or on the road.

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News•by Staff•November 29, 2021

Auto Dealers Expect Valuations and Profits to Increase in 2022

Positive momentum in auto retail and buy/sell market will continue in 2022, according to the recently-released 2021 Kerrigan Dealer Survey: 61% of dealerships expect an increase in their valuation, 79% expect profits to rise and 77% expect to acquire more dealerships over next 12 months.

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News•by Staff•November 29, 2021

Portfolio Names Millspaugh Vice President

Portfolio has promoted 20-year industry veteran Chad Millspaugh to the position of vice president of sales and marketing.

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News•by Staff•November 24, 2021

Experts Weigh the Pros and Cons of Biden’s EV Grants

Some say the grants will provide a needed boost to EV adoption while others warn it will fail as previous policies did during the Obama Administration.

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News•by Staff•November 24, 2021

Boutique Showroom Studios to Help Porsche Attract New Buyers

Porsche hopes to attract the next generation of car buyers by enlisting U.S. dealers in rolling out a boutique retail concept, called Studios.

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News•by Staff•November 23, 2021

Black Book: Weekly Market Report

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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News•by Staff•November 23, 2021

Is the Chip Crisis Showing Signs of Improvement?

Production cuts because of a shortage of microchips slow.

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