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NewsJuly 17, 2017

Kontos: Wholesale Prices Softening Despite YOY Increase in June

Average wholesale prices in June were down vs. June but up vs. a year ago. A drill down into the data, however, reveals price softening on a year-over-year basis when accounting for sales type, vehicle age, model class, and mileage, KAR Chief Economist Tom Kontos said this week.

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Articlesby Stephanie ForsheeJuly 14, 2017

Magnetic Personality

Former corrections officer Marty Hamm is capturing customers (and sales) at Alexander Chevrolet Buick GMC in Dickson, Tenn.

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NewsJuly 13, 2017

Manheim Adds Locations in Six States

Manheim has opened new auction sites in Alabama, Georgia, Illinois, North Carolina, West Texas and Utah.

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NewsJuly 13, 2017

Digital Air Strike’s Enterprise AI Listening Platform Wins People’s Choice Award

DAS’s Mission Control Consumer Intelligence and Engagement Platform earned a People’s Choice Award for Favorite New Product in the 2017 American Business Awards.

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NewsJuly 12, 2017

instaVIN Launches Redesigned Website for Vehicle History Reports

The new site features responsive design and delivers near real-time title, salvage, and insurance total loss events. It also offers optional auto factory window stickers with original build data.

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NewsJuly 12, 2017

Black Book: Retention Index Registers Second Increase in Three Months

The index’s rise in June was due in large part to falling gas prices, which helped drive the sale of used trucks, crossovers and SUVs. The downside of falling gas prices was the continued acceleration in depreciation for subcompact and compact cars.

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NewsJuly 12, 2017

LotLinx Adds Mobile Shopper Conversion Tools

LotLinx has launched a new, mobile car shopper conversion-enhanced product suite for auto dealers.

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ArticlesJuly 11, 2017

How to Become a Visionary Leader

Create and execute a vision for your dealership by solving customer issues, taking risks, remaining open-minded, and getting your employees on board.

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NewsJuly 11, 2017

Industry Summit 2017: Cox Automotive Exec to Delve Into F&I’s Future

Cox Automotive’s Jason Barrie, who has helped drive Dealertrack’s evolution from credit application portal to an enabler of sales and F&I workflow since 2005, says technology won’t kill F&I. He will be at Industry Summit 2017 to explain why.

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NewsJuly 10, 2017

Manheim Index Reaches Record High in June

It was the second consecutive month that Manheim Used Vehicle Value Index reached a record high. Officials said strong retail demand for recent model-year used vehicles is encouraging dealers to buy more vehicles at auction, and the increased demand is more than offsetting the high supply.

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