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Five Data Mining Tips for Securing Quality Trades, Selling More New Units and Retaining Customers
Whether the tight supply of quality pre-owns loosens up soon or not, dealers who learn to source their used inventory internally are always at an advantage. This approach to inventory management is smart: Sourcing used inventory from existing custome
Jun 27, 2012
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Experian Automotive: Number of older vehicles on the road in the United States increased by more than 17 million since 2009
Report also showed Ford, Chevrolet, Toyota and Honda as the four most popular makesSCHAUMBURG, Ill. — Experian Automotive today announced that there were 17.3 million more light-duty vehicles seven years and older on the road in the United Sta
Jun 27, 2012
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Kelley Blue Book: New Car Prices Down $500 Year Over Year
New Japanese Car Prices Had Most Significant Decline in 2012 IRVINE, Calif. — On average, consumers are paying $500 less for a new vehicle today compared to just one year ago, according to Kelley Blue Book, the leading provider of new car and
Jun 27, 2012
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Edmunds.com Puts Fuel Efficiency Claims to Test in ‘40 MPG Challenge’
SANTA MONICA, Calif. — Not all cars that claim to get 40 miles per gallon will hit that mark in real-world driving conditions, says Edmunds.com, the premier online resource for automotive information. But because the cars in the test are very fue
Jun 26, 2012
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Develop Some Army Rangers on your Team
Team building at its best grows the store – step 4 Recently a dealer shared with me that business with his competitors was like war. That comment got me thinking a bit about combat and how to win battles, which in turn yielded some thought provokin
Jun 26, 2012
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Study: Generation ‘N’ – ‘Neutral About Driving’
Lingering Low Employment Nationally, Generational Demographic Shifts, Potential Contagion from Europe Present Big Challenges to the Auto Industry, According to New AlixPartners Study U.S. Sales Predicted to be 14.3 Million this Year; Generation ‘N�
Jun 26, 2012
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The Conference Board Consumer Confidence Index® Declines Again
The Conference Board Consumer Confidence Index®, which had declined in May, fell further in June. The Index now stands at 62.0 (1985=100), down from 64.4 in May. The Expectations Index declined to 72.3 from 77.3. The Present Situation Index, however
Jun 26, 2012
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Dominion Dealer Solutions Launches Prime-Response.com
Website complements brand-oriented reputation management NORFOLK, Va. — Prime ResponseTM, the industry’s top provider of innovative online reputation management (ORM) and a division of Dominion Dealer Solutions, announced today the launch of
Jun 26, 2012
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Kelley Blue Book Analysts: New-Vehicle Sales Remain Steady At 13.9 Million Seasonally Adjusted Annual Rate
IRVINE, Calif. — New-vehicle sales are projected to hit 13.9 million seasonally adjusted annual rate (SAAR) in June 2012, slightly improved from the 13.8 million unit pace posted in May 2012, according to Kelley Blue Book, www.kbb.com, the lead
Jun 26, 2012