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Newsby StaffNovember 4, 2022

Car Buying Gets Easier as Dealer Inventory Rises

CDK Global’s monthly purchase scorecard highlights October consumer buying trends

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Newsby StaffNovember 1, 2022

NADA Report Shows Sales Compensation Soar

Earnings eclipse $100K for first time as low inventory, higher sticker prices pad wallets.

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Newsby StaffOctober 31, 2022

Incomplete-Car Inventory Should Be Eliminated

Ford, GM say they’ll ship unfinished vehicles by year’s end as supply issue eases.

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Newsby StaffOctober 10, 2022

FTC Rules Top Concerns in NADA Update

NADA President and CEO Mike Stanton discussed the state of automotive retail today in the most recent NADA Update.

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Newsby StaffOctober 10, 2022

September Car Sales Up Over 2021

Though improved, inventory issues remain, along with other market pressures.

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Newsby StaffOctober 3, 2022

Will Higher Interest Rates Cool Demand for New Cars?

The average interest rate paid on a new vehicle purchase hit 5.7% in September, up from about 4% in 2021.

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Newsby StaffAugust 25, 2022

New Vehicle Transaction Prices Edge Higher

J.D. Power and LMC Automotive report predicts average new vehicle transaction prices will hit a record $46,259 in August.

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Newsby StaffAugust 8, 2022

Tightened Inventory and Fewer Buyers Pose Risk to Auto Industry

Automakers blame tightened inventories for double-digit sales declines, but warn higher interest rates, gas prices and rising inflation will push buyers out of the market.

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Newsby StaffAugust 2, 2022

GM Seeks to Prevent Quick Flips of High Demand Vehicles

General Motors has asked its dealers to help prevent customers from quickly flipping high-demand vehicles and adding high markups.

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Newsby StaffJuly 12, 2022

Auto Industry Inventory Levels Stay Stagnant in June

Auto industry inventory levels sat between 1 million and 1.1 million vehicles for the sixth consecutive month in June, according to Cox Automotive.

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