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Dealership groups continued to build on their early-year successes in the third quarter but struggled to sustain profits from 2022.

Dealer groups show resilience in Q3 despite profitability pressures

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Dealership groups across the U.S. broke multiple performance records in the third quarter, highlighting retail automotive's unanticipated resilience in the post-pandemic era. Lithia & Driveway...
To improve dealership processes, a small group of software enthusiasts and men in the automotive industry got together to create VINCUE.

How dealers can improve their processes with technology – Danny Zaslavsky...

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In order to improve dealership processes, a small group of software enthusiasts and men in the automotive industry got together and founded VINCUE. With...
Eric DeMont joins CBT News to discuss the issue of lead defection and a new solution that could help dealers save money and time.

Resolving lead defection through artificial intelligence — Eric DeMont | Urban...

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Lead defection is a frustrating problem for dealers, resulting in wasted money, time and effort. However, while retailers have historically had few remedies at...
Matt Easton elaborates on what dealers are doing to climb the ladder of sales success on today's episode of Inside Automotive.

Revving up dealership sales: 3 essential components you can’t afford to...

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Success in sales boils down to three main factors. On the latest episode of Inside Automotive, Matt Easton, sales coach, consultant, and founder of...
New vehicle sales are expected to rise in October, despite ongoing manufacturing disruptions and economic instability.

October new vehicle sales to rise against UAW, economic headwinds

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Cox Automotive predicts that new vehicle sales will rise in October despite ongoing economic and manufacturing headwinds. According to the firm's forecast, new vehicle sales...
Stellantis will purchase a 20% stake in Chinese electric vehicle maker Leapmotor, with plans to help the brand secure overseas market share.

Stellantis to invest $1.58 billion in China’s Leapmotor, plans joint venture

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Stellantis has announced a $1.58 billion investment into Chinese electric vehicle maker Leapmotor. The investment will give the manufacturing conglomerate a 20% stake in the...
Although Lexus has already launched its first EV, the RZ, the Japanese brand, unveiled its promising LF-ZC concept at the Japan auto show. 

Lexus reveals next-gen LF-ZC concept, a luxury EV promising greater range

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Although Lexus has already launched its first EV, the RZ, the Japanese brand, unveiled its promising LF-ZC concept at the Japan Auto Show.  The company's...
Brian Pasch, CEO and founder of PCG Companies and automotive marketing trainer, joins Jim Fitzpatrick at the 2023 Digital Dealer conference.

Key tips for dealers that elevate the customer experience — Brian Pasch

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Brian Pasch is the CEO and founder of PCG Companies, as well as a keynote speaker, automotive marketing trainer, and author of nine automotive...
Jade Terreberry joins CBT News to discuss the power of first-party data and the effort to equip dealers with this essential technology.

Maximizing dealership profits with first-party data — Jade Terreberry | Cox...

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First-party data, customer information collected and stored by a business, is a powerful tool that allows companies to provide better, more efficient service. But...

The biggest takeaways from dealership and OEM third-quarter reports — Kevin...

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Third-quarter reports from the big dealership groups and automakers are in, giving analysts insight into the impact of the ongoing United Auto Workers strike...