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NewsJune 20, 2018

J.D. Power: Wholesale Prices Down in May, Auction Volume Growing

May’s wholesale prices for used vehicles up to eight years in age fell 1.7% from the prior month, a level that’s typical for this time of year, the firm stated in its June Used Car and Light Truck Guidelines report.

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NewsJune 20, 2018

ADT Announces Winners of 2018 Dealers’ Choice Awards

Dealers and dealership personnel have recognized 70 companies and individuals in 34 categories in the 2018 Dealers’ Choice Awards.

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NewsJune 20, 2018

Retail Incentives, New-Vehicle Sales Grow in May

May new-vehicle sales grew by 4.8% from the year-ago period, while average incentive spending per unit grew 6.6% from a year ago to $3,740.

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NewsJune 19, 2018

Spireon Rolls Out New GoldStar GPS Feature

The new feature provides instant vehicle location and status to help reduce risk and streamline recovery for buy-here, pay-here dealers and lenders.

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NewsJune 19, 2018

HyreCar Offers Turnkey Carshare Program to Dealers

HyreCar has opened its peer-to-peer vehicle rental platform to auto dealers and fleet operators seeking new opportunities to capitalize on the growing mobility market.

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NewsJune 18, 2018

dealerTEL Adds Campaign Success Metrics

New metrics offered by dealerTEL were designed to help dealers track call success at the most crucial point: after the phone is answered in-house.

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NewsJune 13, 2018

Edmunds: Used-Vehicle Prices Hit Record High in Q1

Although shoppers continue to flock toward pricier trucks and SUVs, steadily rising gas prices are beginning to stimulate consumer demand and increase residual values for smaller vehicles.

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NewsJune 13, 2018

ADESA Canada Names New Vice President of Dealer Sales

The firm named Steve Langdon, who joined the KAR family 15 years ago, to the role. The more than 20-year industry veteran will be responsible for implementing the ADESA Canada dealer sales strategy and promoting KAR’s integrated digital, mobile and physical auction services.

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NewsJune 13, 2018

Manheim Opens New Recon Center Near Silicon Valley

Located at Manheim San Francisco Bay, the auction provider’s new retail reconditioning center was designed to serve clients’ growing and diverse needs.

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NewsJune 13, 2018

Industry Summit 2018 to Feature Technology Shootout

Set for mid-October in Orlando, this year’s Industry Summit will include several new features and events, including the inaugural Technology Shootout.

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