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NHTSA blames 10 deaths and two serious injuries on what its investigators believe were illegally imported air bag inflators. It’s taking public comments before deciding whether to ban them outright.
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Wholesale values continue to decline after a monstrous 22-consecutive weeks of gains; however, sales conversion rates were also down last week. We anticipate that dealers will begin gradually and moderately reducing their floors.
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The June Retention Index increased again, although at the slower rate, and broke yet another record, reaching 166.0 points.
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By providing impactful and ongoing sales training, you will be creating a team of high-performing salespeople who in turn will be helping your business achieve, and likely exceed, your goals.
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A proposal that gives higher EV tax credits to union shops has caused controversy over preferential treatment for EV incentives.
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Another week of gains for the exceptionally strong wholesale market; however, that pace has slowed tremendously.
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TransUnion study finds borrowers used auto loan deferments as a safety net during the COVID-19 crisis.
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A perfect, and unique, combination of market factors fueled acquisition activity to 66 completed transactions in Q1, and an unprecedented 300 completed over the past 12 month period.
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TransUnion research finds many consumers benefitted from leveraging financial hardship programs.
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The estimated average transaction price for a light vehicle in the United States was $41,263 in May 2021, according to the analysts at Kelley Blue Book.
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A majority of dealership leaders – approximately 65% – report they plan to increase the total number of employees in the dealership this year.
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