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News•June 23, 2016

Edmunds.com Predicts Best June Sales in 11 Years

Edmunds.com said today it expects the industry to post the best June sales since June 2005, when 1.67 million vehicles were registered. The retail SAAR should come in at 13.6 million units, with fleet transactions accounting for 20.1% of total sales, according to the firm.

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News•June 23, 2016

Gen Z Buying 6.5 Times More Used Cars Than New

Shoppers age 18 to 24, or Generation Z, buy 6.5 times more used cars than new cars, according to an analysis of Polk vehicle registration data analyzed by Edmunds.com. While it’s not surprising that college-aged consumers are buying used cars, what they’re buying is.

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News•June 23, 2016

ADESA Promotes Two to Dealer Services Leadership Roles

The business unit of KAR Auction Services has promoted C.J. Lopez to director of major dealer accounts, and Kjersta Loyd to regional dealer sales manager for the Mideast and Midwest regions.

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News•June 22, 2016

J.D. Power: Initial Quality Shows Largest Improvement in Seven Years

Kia ended the 27-year reign of premium brands by ranking highest among all nameplates in J.D. Power’s annual study. Overall, new-vehicle quality improved 6%, which was double last year’s 3% improvement.

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News•June 22, 2016

Black Book: Depreciation Rates Showing Consistency

Over the last four weeks, depreciation rates for both cars and trucks have begun to show some consistency, according to Black Book, with truck depreciation picking up from the spring season.

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Articles•June 21, 2016

Road Weary

The publisher returns from a long road trip with regulatory compliance on his mind.

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Articles•June 20, 2016

Sit Back and Unwind

Back-outs are part of the dealership life. What’s your policy?

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Articles•by Stephanie Forshee•June 17, 2016

Language Skills

David Kim became a 30-car guy by building an impressive base of repeats and referrals among Korean-Americans.

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Articles•June 16, 2016

New Topic for Your 20 Group

Facilities expert outlines strategies, concepts and metrics that could make you the star of your next 20 Group meeting.

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News•June 15, 2016

BMW Financial Opens Off-Lease Inventory to All Dealers

In preparation of the influx of off-lease vehicles returning to the market, BMW Financial Services has made its BMWGroupDirect.com service accessible to independent and non-BMW franchise dealers, according to the company.

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