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F&Iby StaffSeptember 17, 2019

EFG Adds Multifaceted Appearance Protection Product

EFG Companies’ Signature Finish Elite Appearance Protection targets traditionally unprotected surfaces, including body panels as well as glass, chrome, and rubber.

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Summit Updatesby StaffSeptember 16, 2019

Lt. Gen. Honoré to Help Attendees Prepare Today and Prevail Tomorrow

Attendees are invited to join a keynote address given by a 37-year military veteran on creating and maintaining resilient leadership qualities.

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Dealer Opsby StaffSeptember 16, 2019

Cox: Franchised, Independent Dealers See Two Different Markets

Cox Automotive’s latest Dealer Sentiment Index shows a marked disparity in optimism and fear factors between America’s new- and used-car dealers.

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Digitalby StaffSeptember 16, 2019

LoJack: GPS Can Be a Dealer’s Best Friend

A new infographic from LoJack illustrates how GPS-powered inventory management maximizes front-end profits, drives customer retention and service revenue, and reduces lost loyalty.

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Dealer Opsby StaffSeptember 13, 2019

Used-Vehicle Volumes Up 4.1% Among Privately Owned Dealers

Haig Partners’ Q2 report charts an astonishing 60% drop in buy/sell activity among U.S. auto dealerships and finds privately held stores and groups are increasingly focused on pre-owned sales.

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Auto Financeby StaffSeptember 12, 2019

Subprime Fell to Lowest Share Since 2011 in April

An Equifax review of auto finance data from the first four months of 2019 found subprime’s percentage of total originations fell to 22.7% for all purchases and 9.2% of new-vehicle leases.

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Auto Financeby StaffSeptember 12, 2019

Escalating Finance Costs Drive 24% Spike in TCO

AAA analysts say bigger price tags and higher interest rates have conspired to raise American new-car buyers’ average annual total cost of ownership to $9,282, an all-time high and a 24% year-over-year increase.

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Dealer Opsby StaffSeptember 11, 2019

Pace of Dealership Acquisitions Slows in Q2

Kerrigan Advisors’ latest Blue Sky buy/sell report counts 49 transactions in the second quarter, a slight decline from Q1 but enough to maintain a 200-plus-transaction pace for 2019.

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F&Iby StaffSeptember 10, 2019

NAE/NWAN Adds 30- to 90-Day Vehicle Return Program

National Automotive Experts and NWAN have launched Money Back Guarantee, a vehicle return program billed as the industry’s longest with coverage up to 90 days.

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Digitalby StaffSeptember 9, 2019

Auto/Mate Adds Text Messaging Solution to DMS

Auto/Mate Dealership Systems announced the integration of its dealer management system with the Text2Drive two-way text messaging platform.

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