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Used car supply improved from October but declined from last November, while prices failed to rise during the United Auto Workers strike.

Used car supply remains stable in November, pricing weakens

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Used car supply remains under pressure in November, as high new vehicle prices force many consumers to wait on their next purchase. According to Cox...
Jay Abraham joins Inside Automotive to teach dealership managers the strategies entrepreneurs use to affordably scale their businesses.

Entrepreneurial strategies to scale your dealership — Jay Abraham | The...

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Dealership managers often struggle to scale their products or services in affordable way, especially when operating independently or in their first few years of...
Peter Thiel and Jayson Crouch join Driving Solutions to discuss falling dealership values and what they mean for retailers.

What falling dealership values mean for the future of M&A

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Dealership values remain higher than before the pandemic but have started to decline in the latter half of 2023. This has led some to...
President Biden joined United Auto Workers in Illinois where he expressed hope the union's achievements would lead to widespread change.

Biden attended United Auto Workers event, endorses plan to organize non-union...

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President Biden encouraged United Auto Workers members to expand their influence to non-unionized automakers during an appearance at a Thursday event hosted by the...
Vehicle financing factors were less favorable to car buyers In January, undoing several months of improvements seen last year.

Used vehicle prices reverse course after August, September gains

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Wholesale used vehicle prices declined slightly in October as the market continued to fluctuate in response to the post-pandemic economy. According to Cox Automotive's monthly report,...
Jeff Dyke joins Inside Automotive to discuss how Sonic Automotive successfully navigated the third quarter and what he expects to see in 2024.

Where dealership groups stand heading into Q4 — Jeff Dyke |...

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At the end of October, Sonic Automotive held its third-quarter earnings call with shareholders, sharing details of its performance over the period and setting...
Patrick Manzi joins Inside Automotive to discuss the latest trends influencing the retail automotive sector as it prepare for Q4 and beyond.

The most important retail automotive trends to monitor for 2024 —...

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Retail automotive continues to change under a multitude of factors, from fluctuating interest rates to changing consumer preferences. As dealers prepare for the new...
Eric DeMont joins Driving Solutions to discuss the problem of lead defection and a new tool helping dealers capitalize on their customer data.

Solving lead defection once and for all — Eric DeMont |...

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For many years, lead defection has been a frustrating but unavoidable headache for dealers, who have historically lacked the necessary tools to identify consumers...
Auto dealers gather in Florida to celebrate 15 legendary retailers as they were indicated into the FADA Hall of Fame.

Dealers gather to celebrate the inaugural FADA Hall of Fame inductees

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In an inaugural event, the Florida Automobile Dealers Association (FADA) on November 2 inducted 15 legendary automotive retailers into its Hall of Fame, recognizing...
Consumer behavior trends seemed to contradict automaker expectations in CarGuru's October intelligence report.

CarGurus report highlights disconnect in consumer behavior, OEM forecasts

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Consumer behavior trends seemed to contradict narratives set by automotive industry leaders throughout October, according to a new intelligence report by CarGurus. October presented challenges...