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In a reversal, compact and mid-size car prices are depreciating more than light trucks during the recent spike in gas prices.
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Protection products continue to show strength as electronics fade, according to a new study on accessory sales. Paint protection is No. 1 in terms of revenue and profit.
Read More →What’s the difference between leasing a vehicle and renting an apartment? United Development Systems’ Gerry Gould provides the answer, and explains how making the comparison can be used to sell products on leases.
Read More →J.D. Power and LMC Automotive expect the industry to realize its highest monthly, new-vehicle selling rate in four and half years, with the industry expected to sell more than 1.066 million units this month.
Read More →AutoTrade Group’s two business units integrate their solutions to deliver a new trade-in appraisal and acquisition process for subscribing dealers.
Read More →The marketing technology company has released 130 new e-mail marketing templates for its rewards-based loyalty-and-retention program.
Read More →The new tool is designed to allow car shoppers to get an online appraisal of their trade-in, then offers incentives to to bring their vehicle to the dealership for a full appraisal.
Read More →A man who allegedly posed as a car dealer to obtain loans for cars he did not own was arrested last week. The scheme defrauded individuals and banks of more than $150,000.
Read More →The provider of inventory management systems has rolled out what it calls a three-second operating platform. Officials claim the system's analytics tool can deliver a 30 to 35 percent increase in used-car performance.
Read More →Auto/Mate moves to a bigger facility to accommodate its continued growth. The company is now headquartered in Albany, N.Y.
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