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STAT Analytics Launches Closemore Sales Tool

Claritas and STAT Analytics’ Closemore app promises a more relevant and personal interaction...

Claritas and STAT Analytics have partnered to launch Closemore, a new app and cloud service designed to work with dealership systems to deliver “leading edge” customer information in real time.


Bloomberg: Pivot to SUV Is Hail Mary for Fisker

Henrik Fisker met with Bloomberg to elaborate on plans to build an all-electric SUV by 2021. The...

A one-on-one with Bloomberg’s Hannah Elliott did little to lend credibility to Henrik Fisker’s plan to produce a $40,000 all-electric SUV by 2021, when it will face direct competition from Tesla’s Model Y and at least four established highline factories.


Lights Out: Cree to Focus on Semiconductors

Cree has agreed to sell its lighting division to Ideal Industries, abandoning the...

In a move industry watchers may regard as a sign of the times, dealership mainstay Cree has agreed to sell its lighting division in order to fully devote the company to semiconductor manufacturing.


JD Power: Porsche, Buick Best in Service

Porsche introduced its smart glasses-powered “Tech Live Look” service software platform in 2017....

A survey of 57,286 car buyers and lessees who visited dealership service departments and independent shops ranks Porsche No. 1 for the first time while Buick leads mass-market brands for the third straight year.


Quirk Chevrolet: Just Give Them the Price

General Manager Jim Thorp (left) and Business Development Manager Greg Merchanthouse have driven...

A straightforward approach to sales and customer service helped make Quirk Chevrolet America’s No. 1 Silverado, Bolt, and Volt dealer, and their front line is a highly skilled, efficient, and long-tenured BDC.


Trump Budget Kills EV Tax Credit

There is no extension of the tax credit for buyers of the Chevrolet Bolt and other electric...

The White House’s proposed 2020 budget would allow the federal electric-vehicle tax credit to expire and terminate an Energy Department program that helped fund investments in EV production by three manufacturers in seven states.

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Manheim Releases M LOGIC Product Suite

Manheim has released a suite of new wholesaling technology designed to enhance valuation,...

Manheim’s new suite of decisioning products promises to deliver new value to wholesale clients by leveraging data and insights from Manheim and parent company Cox Automotive.


March Days’ Supply Hits 10-Year High

Factories and dealers had a 78-day supply of new cars and light trucks on hand at the beginning...

U.S. dealers started the month with a 78-day supply of unsold vehicles, the highest number for March since 2009 and the largest total volume since July 2017, according to Automotive News.


Fuel Efficiency Reaches Record 24.9 MPG

EPA analysts expressed “legitimate concerns” about the auto industry’s ability to meet impending...

The average fuel efficiency of light-duty cars, trucks, and SUVs reached a record-high 24.9 miles per gallon for the 2017 model-year, according to EPA analysts, who warned the industry may have trouble meeting future standards.


NADA 2019: Dealers Need New Identities

Exhibitors at NADA Show 2019 said many of the dealers in attendance were searching for new ways...

NADA Show 2019 attracted exhibitors in search of dealers and dealers in search of cutting-edge solutions that will make them stand out in an increasingly digitized and commoditized industry.