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The company will continue growing its indirect lending business while also branching into direct-to-consumer financing, traditional retail financing, and lending across the full credit spectrum.
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Outsell launches new features for its Platform that recaptures sales defectors for dealerships and prioritizes customer communication for dealer groups.
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The Black Book April Retention Index broke yet another record, reaching 152.4 points.
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Data shows strength in dealers bidding and buying across physical locations, Simulcast, Manheim Express, Manheim.com and OVE.
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The intent of the alliance is to give consumers more flexible choices when making vehicle purchase decisions.
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Finance industry veteran brings decades of dealer-focused experience to the management role.
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As the semiconductor shortage slashes vehicle production, rental car companies are taking extreme measures to bolster their fleets. The businesses are buying used vehicles at auction.
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Retail inventory levels, new and used, continue to be a challenge and the limited availability of quality vehicles in the wholesale market is also proving to be a challenge for buyers.
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Enriched features help dealers save time, puts account information at their fingertips.
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The Toyota brand led the latest signs of a recovering and booming market with the automaker putting its preliminary seasonally adjusted, annualized rate of sales at 17.8 million.
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