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The May Retention Index showed another increase and broke yet another record, reaching 159.6 points, a 7.1 point (or 4.7%) increase from April (152.4).
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End-to-end solution through Fortellis to help dealers improve payment experience and drive revenue.
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Car supply shortage squeezes sellers and shoppers as Cars.com finds nearly 1-in-3 recent buyers drove 100 miles or more for the car they want.
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Prequalification functionality provides dealers with visibility into a consumer’s credit worthiness and requires only the consumer’s name and address to request a credit score and credit report.
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Leveraging A.I. technology, dynamic inventory, and data analytics, new technology enables a more efficient and profitable digital retailing strategy for over 7,000 dealerships nationwide.
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President Biden assigned the task force to develop responses for near-term supply challenges in key industries.
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The bill earmarks $52 billion to help domestic semiconductor manufacturers expand production.
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Lease credit approvals reached 69.9% in May; Down slightly from 70.7% in April.
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Service is proven to boost dealer profit and performance.
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How fast automakers move vehicles from factory floors to showrooms will shape the sales story the rest of the year.
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