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Dealer Forward: how technology is optimizing the service department workflow

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The emergence of new technologies and car buyer preferences has created new ways to improve service department profitability, but what tools should dealers choose?...
Manheim decine

Manheim caught a significant decline in wholesale pricing for used cars

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On a mix, mileage, and seasonally adjusted basis, wholesale used-vehicle prices dropped 4.2% from May to June. Manheim's Used Vehicle Value Index (MUVVI) fell...
Cox fleet

Cox Auto reports fleet sales boost Q1 and Q2 auto sales

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According to an early estimate from Cox Automotive, sales into large fleets—excluding sales into dealer and manufacturer fleets—rose 44.6% year over year to 217,572...

Identifying new opportunities in the fixed operations space — Jade Terreberry...

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Many car dealers understand the importance of service departments, but are they aware of the new opportunities in today's fixed operations business? In this...
Forward-thinking car dealers have seen fixed operations department profits and efficiency significantly improve over the last year.

Forward-thinking dealers see greater fixed operations profit, efficiency

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Forward-thinking car dealers have seen fixed operations department profits and efficiency significantly improve over the last year, according to new research by Cox Automotive. As...
More buyers than ever considered purchasing a luxury SUV, according to a quarterly analysis from Cox Automotive

Luxury SUV market sees highest consideration on record throughout Q1

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More buyers than ever considered purchasing a luxury SUV, according to a quarterly analysis from Cox Automotive. Over the course of Q1, 73% of high-end shoppers...
Certified pre-owned, sales, CPO

Certified pre-owned sales fall in April but maintain healthy pace overall...

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Sales of certified pre-owned (CPO) vehicles decreased more in April than in the overall used retail market year-over-year. CPO sales fell by more than...
Skyler Chadwick from Cox Automotive joins the CBT News Power Lunch to discuss why forward-thinking dealers see greater fixed ops revenue

Driving results in fixed-ops: Why forward-thinking dealers achieve better results

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Forward-thinking dealers have drastically improved fixed operation profits over the last year, but what factors are driving these results? In this CBT News Power...
Data from Cox Automotive suggests that vehicle affordability improved slightly in April, although pricing pressures remain high

Affordability improves in April, but new car prices remain high

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Data from Cox Automotive suggests that vehicle affordability improved slightly in April, although pricing pressures remain high. The Vehicle Affordability Index found that the median...
Dealer sentiments improved substantially over the previous quarter, driven by unexpectedly high sales and revenue

Dealer sentiments improve for Q2, even as costs, prices worsen

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Dealer sentiments improved substantially over the previous quarter, driven by unexpectedly high sales and revenue. Cox Automotive tracks retailer outlooks through its Dealer Sentiment Index,...