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Fed interest rates

Why the Fed raised interest rates again, and why it matters...

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The Federal Reserve has now raised interest rates to their highest since 2008, solidifying the concerns of many industry insiders that the auto-market will...
new-car sales

New-car sales beating expectations, reports Cox

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Cox Automotive has predicted that November’s new-car sales will be 10.8% higher than in 2021. This is a surprising shift in tone from earlier...
subscription

EV Startup Autonomy places substantial fleet order with VinFast

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Vehicle subscription company Autonomy has placed the largest order to date for Vietnam-based electric vehicle manufacturer VinFast. VinFast has only recently begun to export its...
EV sales

EV sales reach new record, more than 200,000 units sold in...

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Kelley Blue Book has released its Q3 2022 "Electrified Light Vehicle Sales Report," which revealed that the third quarter saw EV sales of over...
cars 2023

8 upcoming cars we’re most excited to see in 2023

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2023 looks to be a challenging time for automakers and dealers as the EV onslaught continues, along with the never-ending game of one-upmanship. At...
pre-owned department

4 tips to better manage your car dealership’s pre-owned department

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It's restating the obvious, but the car business doesn't operate in a vacuum. This is especially the situation when it comes to the pre-owned...
Hurricane Ian

Hurricane Ian batters Florida dealers forcing many to close temporarily

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Auto dealerships across the state of Florida were forced to close their doors due to Hurricane Ian. Dealerships from Tampa across to the state's...
fraud

Fraud is on the rise in lending — here’s how to...

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2021 was a year of recovery for the entire automotive industry, and for dealers in particular. Showroom traffic increased even during a once-in-a-generation inventory...
Detroit Auto Show

The 2022 Detroit Auto Show preview: What attendees can expect

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At long last, the North American International Auto Show (NAIAS) is back in business. Following a three-year COVID-19-related hiatus, the 2022 Detroit Auto Show...

HR is broken – Here’s how to fix it, and hire...

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The biggest challenge facing shorthanded employers right now is simply finding talent to fill open roles. Just by sheer numbers, there are more open...