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News•by Staff•June 23, 2021

New Car Registrations Show a Surge in EV Ownership

Electric vehicle registrations jumped 95% to 133,509 in January through April, compared to the same period in 2020.

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News•by Staff•June 22, 2021

Black Book: Weekly Market Updates

Wholesale prices remain strong, however there are signs of softening in the market this week, as prices of newer used vehicles seem to be hitting a ceiling.

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News•by Staff•June 22, 2021

Average New-Vehicle Prices Rise More Than $2,000 from Last Year, Hitting All-Time Record High for May

The estimated average transaction price for a light vehicle in the United States was $41,263 in May 2021, according to the analysts at Kelley Blue Book.

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News•by Staff•June 22, 2021

Help Wanted: U.S. Automobile Dealers Struggle to Hire Employees While Business Booms

A majority of dealership leaders – approximately 65% – report they plan to increase the total number of employees in the dealership this year.

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News•by Staff•June 21, 2021

Citrin Joins AIADA as an Affinity Partner

Their seamless integration into a dealership’s operational infrastructure lowers overhead, increases operational efficiency, increases CSI performance, reduces stress, and allows personnel to focus on improving revenue, profit, and customer experience.

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News•by Staff•June 21, 2021

Zeigler Auto Group Earns Best and Brightest Companies to Work For® in the Nation Award for Third Year in a Row

The coveted list is part of the Best and Brightest Companies to Work For® competition presented by the National Association for Business Resources.

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News•by Staff•June 21, 2021

ACV Launches New Financing Offerings for Used Car Dealers Through ACV Capital

New payment period options on title-dependent products creates a more streamlined, flexible and transparent post-auction financing process.

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News•by Staff•June 21, 2021

Nielsen and IHS Markit Turbocharge Audience and Outcomes Measurement With Polk Automotive Solutions

Strategic relationship enables marketers to make smarter decisions on how and when to engage auto buyers.

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News•by Staff•June 21, 2021

Study Reveals Shifts Towards Cloud-Native Dealer Management Systems

Automotive dealers indicate criteria for selecting DMS, prefer Microsoft-based cloud solutions.

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News•by Staff•June 21, 2021

Federal Reserve Keeps Interest Rates Steady While Accelerating the Timeline for Rate Hikes

Officials indicated they plan to raise interest rates by late 2023, a departure from their March prediction which called for no rate hikes until 2024.

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