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Dealer Opsby StaffJanuary 11, 2022

Wholesale Used Vehicle Prices Slowed in December

Cox Automotive's Manheim Used Vehicle Value Index rose 1.6% in December compared with November.

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Dealer Opsby StaffJanuary 10, 2022

Toyota Witnesses Strong Growth in China in 2021 Owing to Accessible Supply Chain

Toyota’s new vehicle sales in China reaching a record high of 1.94 million units, up 8.2% from 2020, is attributed to the company’s robust supply chain that weathered away the headwinds caused by the global chip shortages.

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Dealer Opsby StaffJanuary 10, 2022

NADA Market Beat: 2021 New Light-Vehicle Sales Up 3.1% over 2020

New light-vehicle sales totaled 14.93 million units in 2021, up 3.1% from 2020’s 14.47 million. December 2021’s SAAR totaled just 12.44 million units, down 23.7% from December 2020.

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Complianceby StaffJanuary 10, 2022

FTC Publishes Inflation-Adjusted Civil Penalty Amounts for 2022

The Act directs agencies to implement annual inflation adjustments based on a prescribed formula.

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Awardsby StaffJanuary 10, 2022

Advantage Parts Solutions Appoints Paul Grange as President of North America

Gange joins the organization to accelerate the brand’s global sales and marketing strategy and vision throughout North American markets.

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Dealer Opsby StaffJanuary 6, 2022

December Auto Sales Slip

The lowest sales recorded in December went to Toyota Motor Corp., Honda Motor Co., Hyundai and Kia, which posted sales drops for the fifth consecutive month.

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Fixed Opsby StaffJanuary 5, 2022

Porsche Reports U.S. Retail Sales for Q4 and Full-year 2021

New U.S. record set as demand grows across product lines from 911 and Taycan to SUVs.

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Fixed Opsby StaffJanuary 5, 2022

Ed Morse Automotive Group Acquires Four Dealerships in Illinois and Missouri

These acquisitions will add 217 employees to its over 1,400 plus employee base, growing their locations to 27 dealerships, 51 franchises and 14 automotive brands.  

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Fixed Opsby StaffJanuary 5, 2022

Black Book’s Used Vehicle Retention Index Increases 3.1% MoM

The seasonally adjusted Retention Index increased to 195.7 points.

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Auto Financeby StaffJanuary 4, 2022

Weekly Market Insights Report

2021 was a wild ride, but according to Black Book, the final two weeks of the year reported minimal declines in values after a year of record-breaking increases.

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