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Any trade-in that closes a new-vehicle deal should at least be considered, but a little education and common sense can prevent a lot of heartbreak.
U.S. dealers started the month with a 78-day supply of unsold vehicles, the highest number for March since 2009 and the largest total volume since July 2017, according to Automotive News.
The average fuel efficiency of light-duty cars, trucks, and SUVs reached a record-high 24.9 miles per gallon for the 2017 model-year, according to EPA analysts, who warned the industry may have trouble meeting future standards.
Former AFG/CareGard executive Guy Koenig has been named president of GSFSGroup.
Ryan Nelson has been promoted from national sales manager to vice president of business development for National Automotive Experts and NWAN Inc.
Analysts say a late start to the spring selling season could be to blame for a third consecutive monthly decline in Black Book’s Used Vehicle Retention Index.
Sources say administration officials demanded automakers get onboard with President Trump’s plan to relax federal fuel-economy regulations and abandon any support for California’s stricter standards.
Dealer mergers and acquisitions provider Dave Cantin Group has expanded its leadership team with the appointments of four regional managers.
SaleSleeve’s weatherproof document displays will appear in Wheels Automotive Dealer Supplies’ April 2019 catalog.
Sens. Chuck Grassley and Ron Wyden have introduced a bill that would extend federal tax credits for buying and fueling vehicles that run on ethanol, biodiesel, natural gas, hydrogen, electricity, and qualified fuel cells.
U.S. dealers sold 1.27 million new cars and light trucks in February, a 2.9% year-over-year decline and the industry’s weakest two-month start in five years.
Tesla CEO Elon Musk wished U.S. auto dealers 'Good luck' with mounting a legal challenge as the electric-vehicle manufacturer announced a sudden switch to an online-only retail model.
Manheim Express Concierge was designed to deploy digital wholesaling specialists in dealerships nationwide, offering hands-on instruction, options, and advice.
Researchers at two Texas universities say drivers of autonomous vehicles are less likely to successfully avoid hazards undetectable by technology the more time they spend behind the wheel.
CornerStone United has launched Xpanded Series, a new lineup of service contracts designed for electric, high-mileage, commercial, and other typically excluded vehicle types.
Experian’s Q4 auto finance report lists America’s top 10 lease vehicles by market share, including one domestic SUV that captured nearly 4% of all new leases at the end of 2018.
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