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Dealership Profits Decline
While new and used retail sales stagnated, dealerships have been particularly supported by fixed operations and finance-and-insurance profits, according to a new report.
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ADT Magazine
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SEARCHMENUSEARCHWhile new and used retail sales stagnated, dealerships have been particularly supported by fixed operations and finance-and-insurance profits, according to a new report.
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At the NADA Show, Cox Automotive will feature its unmatched portfolio across 26,300 square feet of display space to demonstrate the company’s mission to transform the way the world buys, sells, owns and uses vehicles.
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Sixteen now stand together in challenge to the EPA's tougher vehicle emissions rules that rollback reduced rules set under the Trump Administration.
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Seasonally adjusted Retention Index down to 193.0 points in February of 2022 as questions about the strength of the upcoming Spring market remain.
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The number of potentially affected vehicles has also fallen with 4,622,752 vehicles affected so far.
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Wholesale market declines continued last week, but the pace is starting to slow down.
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Volkswagen and Renault will suspend operations temporarily as Russia’s invasion of Ukraine impacts European supply chains.
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Executives in the KPMG 2021 Global Automotive Executive Survey foresee dramatic changes with EVs, technology advances, mergers and acquisitions leading the way.
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New course provides auto dealers with powerful tools to create a fierce social media presence that dramatically increases sales.
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New-vehicle sales volume has been averaging just over 1.05 million each month since last August, and this February is not expected to buck the trend.
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Alternative fuel vehicles now represent nearly 16% of new vehicle financing; banks originated more than 55% of new alternative fuel vehicle loans.
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