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The frenzied sales fever that pushed new car sales to record heights is cooling, with demand for pre-owned vehicles returning to more normal levels.
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Appraisal service helps dealers acquire used car inventory direct from consumer driveways.
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Lexus and Subaru rank highest for third consecutive year.
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The increasing penetration of passenger vehicles, rising modernization of vehicles, and development of autonomous vehicles are some factors expected to drive the market growth during the forecast period.
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High demand coupled with low inventory has spurred consumers to order the vehicle they want.
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Pilot program underway at two sites to expand capabilities, provide more vehicle data to clients.
Read More →Pilot program underway at two sites to expand capabilities, provide more vehicle data to clients.
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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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NADA's CEO reported the association’s approach to diversity, equity and inclusion is one that with repeated effort can gain momentum and grow larger.
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The addition of financial integrations and online retailing capabilities will provide dealerships with expanded options to attract and convert shoppers more quickly and efficiently.
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