
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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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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New car payment assistance program added to DOWC® F&I offerings.
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The newly formed partnership allows NAE/NWAN to offer Xzilon’s interior and exterior surface protection products.
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According to Edmunds, car shoppers got to take advantage of generous incentives offered by automakers, but analysts caution that these deals will dry up during the summer.
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According to Kelley Blue Book, incentives, inventory levels, and pickup truck market share contribute to gain; however, these levels are not sustainable.
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The automotive industry has seen an unprecedented loss in sales over the past few months and F&I departments are facing serious challenges amidst these losses. We spoke with five leaders in F&I training, and they shared their thoughts, advice, and predictions on what to do today to help prepare for tomorrow.
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We’ve all heard scary stories of identity theft and the stolen cars resulting from it. We need to slow down to speed up and use all the tools in our arsenal to prevent identity theft.
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Dealerware has been named the preferred provider by Jaguar Land Rover Canada to power its courtesy vehicle program.
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According to a forecast released by Cox Automotive, new light-vehicle sales volume in May is expected to finish near 1,050,000 units, down 33% compared to last May but up 49% from last month.
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With digital transactions rising, new dealer and transporter solutions offer enhanced vehicle tracking, connections.
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Due to a multitude of factors, including vehicle sales, household debt and unemployment, automotive lenders will be affected differently depending on their market segment and their loan origination process.
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