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Editorial

Newsby StaffJuly 15, 2021

Used Car Sales Returning to Normal

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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Newsby StaffJuly 15, 2021

Universal Lenders Announce Up TO 42 Months Repayment Terms to Their ZERO Payment Program

With thousands of dealerships enrolled nationwide, the ZERO Plan finances most F&I products, reduces chargebacks by 50%, provides up to 42 monthly installments and funds in 7 days.  

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Newsby StaffJuly 15, 2021

HopDrive Expands into Data, Appraisals and Inventory Acquisition

Appraisal service helps dealers acquire used car inventory direct from consumer driveways.

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Newsby StaffJuly 15, 2021

Effects of Lockdown Keeps Vehicle Owners Locked in on Their Current Brand, J.D. Power Finds

Lexus and Subaru rank highest for third consecutive year.

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Newsby StaffJuly 14, 2021

Automotive Finance Market Size Worth $392.78 Billion by 2028

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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Newsby StaffJuly 14, 2021

Build-to-Order Gains Momentum

High demand coupled with low inventory has spurred consumers to order the vehicle they want.

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Newsby StaffJuly 13, 2021

Dave Crawford To Head Up DealerBuilt Sales Team

DealerBuilt hires well-known automotive industry veteran to build sales team and drive revenue for ceDMS.

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Newsby StaffJuly 13, 2021

Manheim on Pace to Deploy LotVision Technology at 90% of Locations in Q3

Pilot program underway at two sites to expand capabilities, provide more vehicle data to clients.

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Newsby StaffJuly 13, 2021

Manheim on Pace to Deploy LotVision Technology at 90% of Locations in Q3

Pilot program underway at two sites to expand capabilities, provide more vehicle data to clients.

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Newsby StaffJuly 13, 2021

Market Insights from Black Book

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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