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Used-vehicle inventory shrinks

U.S. used-vehicle inventory declines as prices rise amid strong sales

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According to the latest vAuto Live Market View data, at the start of April, used-vehicle inventory levels declined month-over-month and compared to last year....
F&I and servant leadership

Elevate your F&I performance through servant leadership

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In today’s episode of Training Camp, host Adam Marburger sits down with Paul Brown, partner and head of Training and Development at Ascent Dealer...
fintech

It’s time dealerships thought like fintechs: Lessons from the digital lending...

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The fintech revolution did not happen by accident. It came from a clear goal: to make complex financial transactions easier, faster, and more secure...

GM cuts production, Tesla launches affordable Cybertruck, VW issues major recall

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Top Stories General Motors to reduce production amid weaker market demand. Read More Tesla unveils new affordable Cybertruck model. Read More Volkswagen recalls over 62,000 vehicles due to...
Tesla releases new Cybertruck model

Tesla launches new affordable Cybertruck model amid sluggish sales

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Tesla has introduced a new, more affordable Cybertruck model in order to broaden accessibility to more consumers amid the model's sales. The latest model,...
customer experience, tariffs

Shep Hyken on strengthening customer experience during uncertain times

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With new tariffs now in effect, rising costs are out of a dealer's control. However, how customers are treated in the showroom remains entirely...

Auto tariffs mount $108B cost, GM announces layoffs, Tesla’s shares drop

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Top Stories Study finds U.S. auto tariffs expected to cost automakers $108 billion. Read More General Motors announces temporary layoffs due to EV demand decline. Read...
auto credit

U.S. auto credit access reaches highest level since December 2022

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According to the latest data from Cox Automotive's Dealertrack Credit Availability Index, auto credit access hit the highest level since December 2022 in March....

Trump pauses select tariffs, Canada retaliates with 25% auto duties, China...

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Earlier this week: President Donald Trump paused select tariffs and increased duties on China. Canada retaliates and imposes 25% tariffs on the U.S. autos....
Chambers

Herb Chambers settles $11.8M PPP loan fraud allegations

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Herb Chambers, one of the most prominent auto dealers in the United States, along with several affiliated companies and a corporate officer, has agreed...