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Newsby StaffDecember 29, 2021

TireHub Announces Significant Growth Plans Across U.S.

Expanded footprint includes entering new markets and increasing capabilities in existing markets.

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Newsby StaffDecember 28, 2021

BLACK BOOK: Weekly Market Insights

Winter and Christmas sales events make for a busy end of year for dealers, but the last two weeks of the year are traditionally slow for the auctions and that held true this year.

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Newsby StaffDecember 22, 2021

Work Truck Demand Rises Creating Significant Opportunity for Dealers

With continued strong performance of commercial truck sales, including a 15+% year-over-year increase for medium duty trucks, and a 29% increase in final mile activity, there is certainly market demand.

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Newsby StaffDecember 21, 2021

BLACK BOOK: Weekly Market Update

As calendar year 2021 comes to a close, wholesale prices continue to rise, and noticeable differences can be seen compared to prior calendar years.

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Newsby StaffDecember 20, 2021

Two More Automakers Cross Finish Line in Race to Fulfill Automatic Braking Pledge

Ford/Lincoln and Honda/Acura joined ten other automakers this year in fulfilling a voluntary commitment to equip nearly all the light vehicles they produce for the U.S. market with automatic emergency braking.

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Newsby StaffDecember 16, 2021

The EV Race Heats Up

Ford Motor Co. CEO Jim Farley says he hopes to overtake Tesla in U.S. electric-vehicle sales, but first he hopes to overtake GM.

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ArticlesDecember 16, 2021

Data Show Dealer Sales Activity Healthier When Ad Budgets Remain Intact

Even if new vehicle inventories remain lower than average, it’s important to promote other avenues to build revenue so that customers remain loyal when inventories eventually return to more normal levels.

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Newsby StaffDecember 16, 2021

BLACK BOOK: Weekly Market Report

The Wholesale Weekly Price Index reached the highest point of the year last week once again, this time reporting over 1.51 points.

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ArticlesDecember 15, 2021

How to Perfectly Manage Your Cash Flow in the Auto Industry

The "this is the way we've always done it" mindset infects every industry, and auto dealerships are not immune. Using PO systems and getting rid of checks is not a new idea, but it's been surprisingly slow to catch on.

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Newsby StaffDecember 14, 2021

Despite Inventory Crunch and All-Time High Costs, U.S. Automobile Dealer Sentiment Remains Positive

The most recent Cox Automotive Dealer Sentiment Index indicates that more dealers feel that the automotive market is strong compared to the number who feel that the market is weak.

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