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The online retailer announced its first board of directors and began trading on the NYSE on June 1 as "CARS."
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Despite slowing auto sales and a slight dip in blue sky values, dealership buy/sell activity remained robust in the first quarter, according to the buy/sell advisory firm’s The Blue Sky Report.
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Black Book’s Used Vehicle Retention Index fell to 112.3 in May after enjoying a slight gain in April.
Read More →Dealers voted StoneEagle to a Platinum award in the F&I Technology category in the annual Dealers’ Choice Awards.
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AutoNation named Lance Iserman executive vice president of sales and COO. The more than 15-year company veteran replaces William “Bill” Berman, who resigned last month.
Read More →AutoGravity’s mobile financing app is now available in New Jersey. According to company officials, the app has been downloaded more than 400,000 times since its introduction last summer.
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Cox Automotive and Holman Enterprises have announced the launch of Flexdrive, a joint venture designed to offer a subscription option to new-car buyers.
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The latest quarterly report from Swapalease.com shows incremental gains for the scandal-marred Volkswagen brand.
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Transaction prices continued to climb at a steady rate in May, driven by the weakening sales mix of cars, according to the vehicle information side.
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Not even record incentive spending for the month is expected to keep May retail sales on pace with a year ago, according to the two firms.
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