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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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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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Comprehensive vehicle service contracts designed specifically for ride-hailing drivers are now available from RideShare Knight.
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RoadVantage earned first-place honors in the F&I Products category for the second consecutive year in the 2018 Dealers’ Choice Awards.
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The firm’s 2018 study revealed a 4% increase in initial quality from a year ago, with Genesis, Kia, and Hyundai topping the annual study’s rankings.
Read More →Equifax has revealed new insights into auto consumer behavior and how customized searches, understanding buying power, and pre-approvals can move the sales needle.
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CarMD analysts say Michigan remains the most affordable state for ‘check engine’ repairs with an average total light repair cost of $333.
Read More →SouthwestRe won the Gold award for Service Contract Reinsurance for the second consecutive year in the 2018 Dealers’ Choice Awards.
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May’s wholesale prices for used vehicles up to eight years in age fell 1.7% from the prior month, a level that’s typical for this time of year, the firm stated in its June Used Car and Light Truck Guidelines report.
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EFG Companies CEO John Pappanastos said digital buying habits, millennial and Gen Z consumers, and women are forcing industry change dealers must embrace.
Read More →Dealers and dealership personnel have recognized 70 companies and individuals in 34 categories in the 2018 Dealers’ Choice Awards.
Read More →The F&I product provider said it could take 30 to 45 days to receive sold contracts from its dealers prior to adding TecAssured, Over the Edge's administration system and rating engine. Today, those contracts are received instantly, officials say.
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