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Used-Vehicle Sales Jump in February
Softening prices, rising credit availability and higher tax refunds could be behind February’s sales pace rise and accompanying dip in inventory, according to Cox Automotive.
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SEARCHMENUSEARCHSoftening prices, rising credit availability and higher tax refunds could be behind February’s sales pace rise and accompanying dip in inventory, according to Cox Automotive.
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Analysis shows 5% of new-vehicle sales threshold for mass adoption.
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Workers push for more pay, better benefits as industry undergoes pandemic recovery.
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Pandemic recovery continues, though Cox Automotive expects a dip as the year continues.
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Top automakers announce plans to manufacture and sell hundreds of thousands of hybrids in the US over the next five years.
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JD Power survey finds ICE models have significantly fewer problems on such features.
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Automaker issues service bulletins to dealers to correct the problem.
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Changes in the industry make it necessary for dealers to optimize their media spend in the digital realm.
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Crash tests, safety features win them IIHS’ highest ratings.
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With the large declines in the market, buyers are being more hesitant to pay any extra money for inventory.
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Annual survey declares consumer sentiment recovered from pandemic effects.
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