Tag Archives: Auto Dealers

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How rising depreciation will affect the used-vehicle market

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Last year’s depreciation rates were relatively low thanks to several factors that simply can’t last forever. The rate is expected to grow this year, which will affect the used-vehicle market.

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In U.S.-China fight, fortune may favor bold

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President Trump’s escalating trade war with China could end up being a competitive advantage for some Chinese automakers racing to launch their retail networks in the U.S.

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China’s GAC Motor delays U.S. entry on trade frictions

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China’s GAC Motor had an aggressive goal to sell cars in the U.S. in early 2020 but is now postponing that target as tariffs threaten to make the importing of cars from China more expensive. The company cited “the escalation of China-U.S. trade frictions” and distribution “uncertainties.”

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Chevy expands V8 engine availability on 2020 Silverado

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The Silverado’s 6.2-liter gasoline engine — rated at 420 hp and 460 pound-feet of torque — will expand to five of eight trim levels for the upcoming model-year.

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3 Things to Know for Your Memorial Day Sale

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A slow start to the spring selling season could get a much-needed boost this weekend. Expert offers quick list to help you claim your fair share of the Memorial Day market.

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Chevy expands V-8 engine availability on 2020 Silverado

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The Silverado’s 6.2-liter gasoline engine — rated at 420 hp and 460 pound-feet of torque — will expand to five of eight trim levels for the upcoming model year.

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Why the highest, lowest credit tiers gain auto origination share

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Rising interest rates have caused alarm in the auto industry but they haven’t kept every consumer group from the market. The bookends of the credit spectrum — those with the highest credit scores and those with the lowest — are boosting their share of loan and lease originations.

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F&I cheat sheet keeps critical info within customers’ reach

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To cut down on calls from confused customers, an Indiana finance manager writes out a cheat sheet that answers the most frequently asked follow-up questions at his dealership. The move saves time, satisfies customers and reduces chargebacks, he says.

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Former Dealer Offers Car-Buying Advice for Women

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Dealer principal turned consultant, speaker, and author Lisa Copeland has released ‘‘Car Buying, Her Way: The Fierce Girl’s Roadmap to The Car of Your Dreams,’ a new book designed to give female car buyers the ‘upper hand’ in the sales process.

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NC Dealer Refuses to Lower Giant American Flag

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Camping World and Gander RV’s Marcus Lemonis says his dealership’s 40-by-80-foot American flag is a tribute to military veterans and that he will not take it down, despite the threat of thousands of dollars in fines.

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