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Vehicle sales were up for franchised dealers last year, as was profitability, according to the NADA’s annual state-of-the-industry report. Results also showed that F&I continued to make up for falling margins, which fell to a 10-year low.
Read More →Designed by Directed, the new consumer app is cloud-linked and includes dynamic marketing tools aimed at driving a better connection between dealers and their customers.
Read More →Temecula, Calif.-based Paradise Chevrolet Cadillac hands out $50 dinner cards to military personnel and first responders.
Read More →Research from the Kellogg School of Management finds that women tend to pay more for repairs, but the study also reveals that women are better negotiators.
Read More →Ally’s Performance Development Center offers 24-hour access and 15 virtual on-demand training courses with more than 35 modules covering a wide range of topics.
Read More →CAR-Research XRM’s new Showroom WatchDog takes advantage of the company’s U.S.-based call center to help dealers target unsold customers.
Read More →A car dealer in Indiana is charged with odometer fraud, according to Indiana new network ABC57.
Read More →According to Reuters, auto entrepreneur Malcolm Bricklin was awarded $2 million in damages after a former employee of his V Cars LLC illegally brought luxury vehicles into the U.S. market from China.
Read More →Edmunds.com reports that leasing is on track to break last year’s record for lease penetration, but the vehicle information site wonders if it’s good for all consumers and the industry.
Read More →CU Direct reports 20 percent growth in application volume, and company officials expect that growth to continue with the introduction of a new technology designed to help credit unions fund more deals based on their pre-set criteria.
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