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NewsAugust 7, 2017

Manheim Used Vehicle Value Index Posts Third Consecutive Record

The index’s July reading shows that demand is absorbing the high supply of newer used vehicles. The good news on the new side is that inventories fell below four million and are at their lowest level of the year.

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NewsAugust 7, 2017

Clarivoy Releases 2017 Attribution Study

Clarivoy’s analysts found dealers see the wisdom in tracking digital marketing attribution but may not have the tools they need to do so accurately.

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NewsAugust 3, 2017

Drive Motors Raises $5.2 Million in Seed Funding

The digital retailing solution provider will use its new funding to expand its dealership network and develop more features to streamline the car-ownership experience, officials said.

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NewsAugust 3, 2017

Black Book Covers Trade Appraisal Best Practices in New White Paper

The firm's white paper sheds light on the disconnect between consumers and many dealers when it comes to trade appraisals. It also explores what’s at stake when a consumer introduces a trade-in as a part of the transaction.

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NewsAugust 2, 2017

KBB: New-Car Transaction Prices Rise Nearly 2% in July

Thanks to declining car sales and the popularity of SUVs, July's average transaction price increased by $573 from a year ago to $34,721.

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NewsAugust 1, 2017

Authenticom's 'Stunning Victory' in Antitrust Suit on Hold

Five days after announcing a ‘stunning victory’ in its antitrust suit against CDK and Reynolds, Authenticom today learned it will have to wait seven days to see if the Seventh Circuit will hear the DMS providers’ appeal of the preliminary injunction confirmed on Friday by the federal court judge hearing its suit.

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NewsAugust 1, 2017

Black Book: Used-Vehicle Retention Index Remained Unchanged in July

The index has remained unchanged or moved positive in three of the last four months, according to officials. Posting noticeable gains in their respective segment indexes were full-size cars, full-size pickups, luxury cars, and near-luxury cars.

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NewsJuly 31, 2017

Study: Car Buyers Choose Online Research Over Dealership Visits

A new study from Netsertive finds two-thirds of car buyers visit only one or two dealerships but fewer than half know which brand they want when they start searching online.

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NewsJuly 27, 2017

Kia Earns KBB Accolades

The South Korean OEM placed two models in Kelley Blue Book’s rankings of the 10 Most Awarded Cars of 2017 and earned a spot on KBB’s 10 Most Awarded Brands list.

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NewsJuly 26, 2017

J.D. Power: Consumers Find New Vehicles More Appealing Than Ever

The latest edition of J.D. Power’s APEAL Index shows a nine-point increase from last year’s report.

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