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Fleet sales declined year-over-year in October for the first time in 2023 but came in above September's total.

Fleet sales take first hit in 2023 during UAW strike

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In a first for 2023, fleet sales dipped in October due to production halts caused by the United Auto Workers strike, according to Cox...
Dealership valuations remain optimistic but a growing number of retailers are starting to feel less confident toward the coming months.

Dealership valuations remain strong but forecasts starting to weaken

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Most auto retailers have remained confident in their dealership valuations throughout the 2023 buy-sell market, but a growing number are starting to feel less...
The United Auto Workers has revealed that GM will invest $13 billion into its facilities and raise wages by 27% under its new contract.

United Auto Workers shares updates on General Motors contract

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United Auto Workers leaders on Saturday detailed the union's tentative agreement with General Motors, the last of the Detroit-Three automakers to reach a deal. According...
Chase Abbott joins Driving Solutions to discuss the importance of trusting digital retail and giving customers control over the sales process.

Overcoming the trust gap between in-store and digital retail — Chase...

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Dealers often prioritize their in-store activities over their digital retail operations due to a lack of trust in modern technology and today's car buyers....
The United Auto Workers union has started to turn its focus toward non-unionized automakers such as Toyota and Tesla.

United Auto Workers sets sights on non-unionized companies, targets Toyota

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With their fight against Detroit-Three OEMs (presumably) won, United Auto Workers leaders are turning their attention toward non-unionized automakers in the U.S., such as...
Ford ICE sales dipped in October causing overall year-over-year volume to decline for the first time in 2023.

Ford sales take first dive in 2023, ICE declines while EVs...

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Ford sales declined for the first time this year in October, during which the company navigated a six-week United Auto Workers strike and disappointing...
Melinda Zabritski joins CBT Now to explain the latest auto loan trends impacting consumer finances in the final months of 2023.

What Q2’s auto loan trends mean for the months ahead —...

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Auto loan delinquencies have steadily risen throughout the year, giving many financing and insurance specialists the impression that car buyers are struggling to navigate...
American Honda saw sales rise dramatically from 2022, overcoming its inventory and supply challenges to score a year-over-year gain of 32.6%.

American Honda sales rise more than 30% in October

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American Honda saw sales rise throughout the month of October thanks to improved inventory and stable demand. The automaker reported total sales of 108,088 units,...
By shopping with dealers registered with the IRS, a car buyer can use their electric vehicle tax credit as a down payment at the time of sale.

Dealer registration opens for electric vehicle tax credit transfer

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Dealers can now obtain direct access to consumer electric vehicle tax credits thanks to a new website launched this Wednesday by the IRS. By registering...
Steve Roessler joins CBT News to discuss the need for new dealership technology and better digital proficiency.

Dealership technology and the future of automotive commerce — Steve Roessler...

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Dealership technology is often outdated and used incorrectly, putting many retailers behind the curve on digital retail. However, with consumers conducting more and more...