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Dealer/GM News
November New-Vehicle Sales Pace Expected to Hold Steady
New-vehicle sales for November are expected to maintain a steady seasonally adjusted annual rate (SAAR) of 16.0 million, an increase from last November’s SAAR of 15.5 million consistent with the sales pace observed in October, according to the Cox
Nov 27, 2024
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Dealer/GM News
Understanding the Impact of the Election on Automotive Sales
Election years always come with some uncertainty, but for the automotive industry, they also bring unique opportunities. As I’ve discussed with our Industry Insights team at Cox Automotive, we’re seeing several trends emerge from the latest Kelle
Nov 26, 2024
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Dealer/GM News
Dealer Magazine: Interview with David Long, Hansel Auto Group Executive General Manager
Editor’s Note: This article was originally published in the November/December edition of Dealer magazine The Dealer interview for this issue is with Hansel Auto Group and industry veteran David Long. With four decades of experience in the auto
Nov 25, 2024
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Dealer/GM News
Used-Vehicle Prices Rise in First Half of November
Wholesale used-vehicle prices were up 1.6 percent for the 15 days of November, according to data from the Manheim Used Vehicle Value Index. The mid-month index sat increased to 206.1, rising 0.5 percent from the full month of November 2023. The non-a
Nov 25, 2024
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Dealer/GM News
Customers Favor AI-Based Technologies, J.D. Power Survey Finds
The results of the J.D. Power’s 2024 U.S. Tech Experience Index (TXI) Study found owners offer praise for some advanced vehicle technologies features, others are found to be lackluster. New artificial intelligence (AI)-based technologies, like smar
Nov 22, 2024
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Dealer/GM News
From Search to Sale: How FAQ Pages Drive Dealership Success
As the e-commerce landscape evolves, consumers increasingly turn to online platforms to make informed purchasing decisions. This shift has sparked a growing expectation for instant, reliable information accessible when needed. Research supports this
Nov 21, 2024
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Dealer/GM News
Don Franklin, Sutherlin, Sam Leman, Taverna Collection: Dealership Deals
Don Franklin Adds Ford Dealership in Kentucky The Don Franklin Automotive Group has acquired Knox Ford in Radcliff, KY. The dealership was sold after owner Gary Haupt decided to simplify his portfolio and focus on his larger Ford dealership in the
Nov 21, 2024
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Dealer/GM News
October Inventory Hits 3.14 Million Units for New-Vehicles
New vehicle inventory on auto dealer lots hit 3.14 million units in October, the second consecutive month new vehicle inventory jumped by 90,000 units (2.9 percent), according to the recently released ZeroSum‘s report for November. The “S
Nov 20, 2024
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Dealer/GM News
Sen.-elect Moreno Lays Out His Auto Agenda
U.S. Sen.-elect Bernie Moreno (R-OH) recently outlined the objectives focused on the auto industry he will work on with President-elect Donald Trump and his administration to enact in the coming years. Among the subjects discussed in a recently publi
Nov 19, 2024