News
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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Researchers at two Texas universities say drivers of autonomous vehicles are less likely to successfully avoid hazards undetectable by technology the more time they spend behind the wheel.
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CornerStone United has launched Xpanded Series, a new lineup of service contracts designed for electric, high-mileage, commercial, and other typically excluded vehicle types.
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ADESA has promoted Lawrence Cubitt to Western regional vice president and appointed new general managers at five major U.S. auto auctions.
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Experian’s Q4 auto finance report lists America’s top 10 lease vehicles by market share, including one domestic SUV that captured nearly 4% of all new leases at the end of 2018.
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Despite concerns over affordability and a growing 90-day delinquency rate, Experian’s fourth-quarter report signals a continued reliance on auto financing is stabilizing the market.
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ADESA has launched its VirtuaLane live-auction technology at 20 locations in the U.S. and Canada.
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Chicago’s Ed Napleton Automotive Group has acquired the Minneapolis-based Village Automotive Group, which includes the only Lexus dealerships in Minnesota.
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ADESA has promoted 30-year automotive marketing veteran Kurt Madvig to vice president of product development.
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Former U.S. Congressman Dick Gephardt has made official his association with Fisker Inc. ahead of ‘significant industry announcements’ from the electric-vehicle manufacturer.
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Zurich North America has acquired Sea Pine Technologies in a move billed as a path to increased F&I sales for Zurich’s auto dealer customers.
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