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For dealer-owned reinsurance entities, avoiding volatility entirely can mean falling behind inflation and missing market rebounds that drive long term surplus growth. Missing just a handful of strong market days can materially impact cumulative returns—an important reminder for long horizon trust and investment strategies.
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Inventory management expert advises dealers to go against the used-car flow by using online marketing to clear out aging units and inform your stocking choices.
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PassTime and masterQueue have partnered to combine the former’s GPS expertise with the latter’s AI-driven automated skip tracing and debt collections process.
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Autotrader has released its latest list of the most-searched vehicles of the season. Hop into the 10 Hottest Used Cars for Summer 2019 with commentary from Autotrader editors.
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J.D. Power analysts say the appeal of new vehicles has improved for the fifth consecutive year, accelerated in part by improved infotainment systems and semiautonomous driving technology.
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A new partnership integrates Black Book’s vehicle valuation data with TEXTiUM’s dealer buy-back marketing platform.
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US Equity Advantage has expanded its Orlando headquarters by 40% to accommodate a growing workforce.
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Cheryl Miller has been promoted from CFO to president and CEO at AutoNation, replacing Carl Liebert, an auto retail outsider who took over as chief executive for founder Mike Jackson just four months ago.
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Cox Automotive’s 2019 Dealership Staffing Study finds approximately 20% of dealership staff are likely to look for another job in the next six months, a problem that could be solved with a greater focus on attracting younger generations to dealership work.
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AUL Corp. has promoted Jason Garner to senior vice president of strategic product development and Paul McCarthy to senior vice president of agency and dealer sales.
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Haig Partners announced the addition of John Davis, former partner with DHG Dealerships, as managing director.
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