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Used Vehicle Retention Index Shows Another Increase
The Black Book April Retention Index broke yet another record, reaching 152.4 points.
The Black Book April Retention Index broke yet another record, reaching 152.4 points.
Data shows strength in dealers bidding and buying across physical locations, Simulcast, Manheim Express, Manheim.com and OVE.
The intent of the alliance is to give consumers more flexible choices when making vehicle purchase decisions.
As the semiconductor shortage slashes vehicle production, rental car companies are taking extreme measures to bolster their fleets. The businesses are buying used vehicles at auction.
If more dealers sold VSCs to their own customers, it would be extremely effective in re-directing this marketplace back to dealerships, which is where these products historically were sold.
Enriched features help dealers save time, puts account information at their fingertips.
The Toyota brand led the latest signs of a recovering and booming market with the automaker putting its preliminary seasonally adjusted, annualized rate of sales at 17.8 million.
As a dealership, you can’t afford to ignore the individual players in your own omnichannel – listen to them and reap the rewards.
Most people are drawn to a lease because of the options they have at the end of the lease. But leasing does involve some obligations. F&I trainer John Tabar says it's those responsibilities that represent an opportunity for producers to increase product enrollment on lease deals.
The Cox Automotive Industry Insights team is forecasting a sales pace of 16.5 million in April, down from the surprise 17.7 million in March, but a healthy number nonetheless.
vSignature may now be used by any company for electronic signing their library of documents through its new stand-alone version of the software.
National Automotive Experts and NWAN founder Kelly Price has been appointed executive vice president of strategic ventures at Portfolio and joined the company’s board of directors.
This month, tens of millions of federal stimulus checks hit bank accounts across the country. If last year is any guide, many of those will wind up being used to buy powersports vehicles of one type or another.
