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The May Retention Index showed another increase and broke yet another record, reaching 159.6 points, a 7.1 point (or 4.7%) increase from April (152.4).
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Prequalification functionality provides dealers with visibility into a consumer’s credit worthiness and requires only the consumer’s name and address to request a credit score and credit report.
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President Biden assigned the task force to develop responses for near-term supply challenges in key industries.
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The bill earmarks $52 billion to help domestic semiconductor manufacturers expand production.
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How fast automakers move vehicles from factory floors to showrooms will shape the sales story the rest of the year.
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All nine car segments reported gains last week, however, 0.8% is the lowest weekly gain the overall car segment has seen in 15-weeks.
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Innovative re-targeting technology keeps more car shoppers moving down the purchase funnel.
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Digital sales platform integration to equip dealers with Amazon-like experience for new and used vehicles.
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Programs from Lexus, Kia shine brightest among CPO offerings this year.
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Automakers reported impressive monthly results, showing increases that ranged from 40% to 70% compared to unit sales during the pandemic.
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