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Sales & Marketing
Consumer spending is challenged by high inflation as retail sales fall
U.S. retail sales fell in February after a surge in the prior month, suggesting consumer spending, while holding up, is...
Virtual F&I transactions continue to gain momentum
Virtual finance and insurance transactions continue to pick up steam as dealers look for new avenues to sell aftermarket products...
February new-vehicle sales beat expectations
February new-vehicle sales are forecasted to increase year over year as consumer demand remains resilient and leasing is expected to...
Digital channels key to securing equipment, work truck sales leads
Equipment and work truck dealers should leverage online sales channels to secure leads and widen the sales net as more...
Dealer rentals to grow as bonus depreciation phases out
CHARLOTTE – Rental business at dealerships is poised to gain traction in the coming years as depreciation tax benefits on...
Geely unveils new electric car brand to take on Tesla, BYD
Chinese carmaker Zhejiang Geely Holding Group Co. unveiled a new high-end line of electric cars as part of a push...
Tesla undercuts average US car by almost $5,000 in EV shakeout
It’s never been this cheap to buy a Tesla. After a hopscotch of price cuts over the past month, Tesla’s Model...
AutoNation expects used-car price drop as volumes recover
AutoNation Inc., one of the biggest car dealership chains in the US, expects prices for new and used cars to...
