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News•by Staff•July 11, 2019

NIADA Debuts ‘Custom-Tailored’ Compliance System

The National Independent Automobile Dealers Association has partnered with ComplyNet to launch NIADA CMS, a compliance management system designed specifically for independent dealers.

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News•by Tariq Kamal•July 10, 2019

Report: Slow Sales Aside, Auto Groups Outperform Market

Kerrigan Advisors analysts say the stock prices for America’s seven publicly traded dealership groups are outpacing the broader U.S. equity markets and could soar higher on lower interest rates and new trucks.

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News•by Staff•July 3, 2019

New-Car Prices Up 3.1% in June

Kelley Blue Book analysts report average transaction prices for U.S. new-vehicle sales increased by 3.1% on a year-over-year basis in June but declined slightly from May.

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News•by Tariq Kamal•July 3, 2019

SAAR Holds at 17M as June Sales Slip

U.S. dealers sold 2.6% fewer new cars and light trucks in June than in the same month a year ago, but standout performances in key segments kept the seasonally adjusted annualized selling rate above 17 million for the second straight month.

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News•by Tariq Kamal•July 3, 2019

Industry Leader Lee Iacocca Dead at 94

Famed auto executive and visionary Lee Iacocca has died, leaving a legacy of leadership, ingenuity, and a no-nonsense approach to the design, sale, and financing of American vehicles.

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News•by Staff•June 27, 2019

IHS: Average Age of U.S. Vehicles Continues to Rise

The average age of America’s registered cars and light trucks has risen again, to 11.8 years, according to the latest report from IHS Markit.

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News•by Staff•June 24, 2019

Reinsurance X Offers Timely Solution to Tax Concerns

National Automotive Experts has released ‘A New Reinsurance Plan for Uncertain Times,’ a new whitepaper addressing the implications of the Trump administration’s tax reform on several dealer participation programs and detailing Reinsurance X, the company’s new alternative.

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News•by Staff•June 20, 2019

Black Book Launches Anti-Powerbooking Solution

Black Book has unveiled Asset Verification Tool, a proprietary VIN-level identifier designed to help auto finance sources reduce the risk of fraud at loan origination.

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News•by Staff•June 20, 2019

JD Power: Initial Quality Stalls After 4 Years of Acceleration

Genesis, Kia, and Hyundai lead J.D. Power’s Initial Quality rankings for the second straight year, but new-vehicle quality scores are flat overall, driven by a decline among 18 of 31 major U.S. brands.

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News•by Staff•June 20, 2019

ProGuard Partners With PCMI to Streamline VSC Sales

ProGuard Warranty will license and implement PCMI Corp.’s Policy Claim and Reporting Solutions platform to automate and enhance sales of vehicle service contracts.

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