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The Massachusetts attorney general cautioned the state’s automotive dealers to be upfront with the consuming public about their vehicle prices or risk punishment.
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Westlake is one of the largest automotive lenders in the U.S. with nearly $12 billion in assets under management, and provides indirect financing through a network of over 20,000 new and used car dealerships throughout the U.S.
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Black Book recently published an update to their weekly COVID-19 Market Insights report.
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Dealerships that participated in the 2020 pilot program saw cost recovery increases of 114% and rental fleet utilization rates above 85%.
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2020 is on track to surpass 2015’s record transaction levels; mega dealer transactions on the rise, dealership earnings spike blue sky values, Toyota is most valuable non-luxury franchise, according to Third Quarter 2020 Blue Sky Report®.
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It is critical to look at what happens with your sales team once a lead is submitted. Meet the consumers where they are and you’ll see the sales roll in.
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Black Book released a newly published update to their COVID-19 Specialty Markets Insights report.
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With proper planning and having the right professional team in place, selling your dealership can be a smooth transaction for all parties involved.
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The study is based on 2019 financial data from detailed dealership surveys of new vehicle retailers that belong to the Greater New York Automobile Dealers Association.
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Certified through Oxlo Systems, the cloud-native DMS makes it easier to qualify for OEM incentives without additional service fees.
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The world has changed — and so too must your sales practices. This unique relationship quickly gives sales personnel compelling detail about the vehicles now in your inventory and in the reconditioning pipeline.
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