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A midyear study found that stores can do a better job of converting both inbound and outbound calls into customer appointments for increased sales.
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The Carfax Used Car Index noted a major drop in used-vehicle price increases in July after several months of hikes.
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The automaker announced partnerships with several technology industry leaders to pursue an ambitious plan for integrating AI into its manufacturing and well beyond automotive.
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Sales and service departments have the highest annual dealership turnover rates, according to a new industry report, costing money and time that could be better spent elsewhere.
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The Golden State still leads the country in electric-vehicle registrations, but much like the rest of the U.S. its hybrid market share is up while full electrics stabilize after a dramatic first-quarter dip.
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The German brand debuted its studio dealership concept for the first time in the states in Los Angeles, tapping Americans’ penchant for creative distinctions.
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The vacation season, combined with high prices, has dented deliveries and added to inventories, though supply is still slim enough to keep listings elevated.
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Representing dealerships across the country, the finalists' solutions are aimed at tackling difficult pain points dealerships face today.
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As such trade-ins rise in frequency, so do monthly loan payment amounts and interest rates, according to second-quarter data compiled by Edmunds.
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June numbers show lenders are readily granting access, including to risky borrowers, as consumers leverage themselves to take on high prices.
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