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Gen Y consumers have accounted for 26% of new-vehicle retail sales in the past year, putting sales attributed to that generational group ahead of Gen X for the first time.
Read More →In order to provide policymakers and journalists with information about the franchised new-car dealer model, the NADA has added a new animated video to its “Get The Facts” initiative.
Read More →Using Element Payment Services, Dealertrack Technologies will seamlessly integrate electronic payment processing into Dealertrack DMS 2.0.
Read More →Kia and Volkswagen each increased the number of searches for their brands on KBB.com by 18% during the World Cup.
Read More →This year marks the first time Auto/Mate was recognized in Auto Dealer Monthly’s annual award program, with the tech firm earning the contest’s Platinum award in the DMS Provider category.
Read More →Sixty-six percent of dealers who were surveyed indicated that they are willing to pay as much as an additional 0.50 to 0.60 basis points on their loan terms to receive good service from their lenders.
Read More →United Development Systems was named a Diamond Award Winner for F&I Training in Auto Dealer Monthly’s Dealers’ Choice Awards. The achievement marks the ninth time in 10 years the firm received top honors in the contest.
Read More →Effective Aug. 4, Michael Thacker will preside over all operations for the Underwriting, Funding and Dealer Services departments within the company.
Read More →The dealer group reported a 21% increase from last year’s adjusted income from continuing operations, as well as a 12% increase in total gross profit.
Read More →The dealer group’s U.S. F&I operations raised its per-copy average $91 to $1,442 in the second quarter. On a year-to-date basis, the group's per-copy average rose $128 from a year ago to $1,499.
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