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NewsOctober 3, 2018

Black Book’s Retention Index Climbs to October 2016 Level

The firm’s Used Vehicle Retention Index for September increased by 1.9% from a year ago to 116, with all vehicle segments showing increases. The compact crossovers, mid-size crossovers, compact car, full-size pickup, and mid-size car segments were the main drivers.

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NewsOctober 3, 2018

Survey: Premium Audio Drives New-Car Selection

Premium-brand audio systems remain an important deciding factor for car buyers, according to the latest report from IHS Markit.

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NewsOctober 2, 2018

DealerSocket Reaches Major Milestone

The technology firm this week announced that more than 100 million vehicles have been sold through its software platforms since the company was founded out of the garage of co-founders Brad Perry and Jonathan Ord.

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NewsOctober 2, 2018

KBB: Average New-Car Transaction Price Up 2%

Honda, GM, and Ford were among the top-performing factories in September, helping to drive an average gain of 2% in new-vehicle prices compared with the same month last year.

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NewsOctober 1, 2018

Boston Volvo Celebrates Grand Opening of New Flagship Store

The opening marks the revival of the historic Allston building, located 61 North Beacon Street in Allston, Mass. The new store utilizes three floors of building, occupying 42,000 of the total 71,300 square feet.

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NewsSeptember 26, 2018

Cox: September Sales to Decline 7.2% From Year-Ago Levels

Despite the expected volume decline, the firm put September’s seasonally adjusted annual sales rate at a healthy 17.1 million, down from last September’s 18.1 million SAAR. The company said higher interest rates and talks of tariffs may be having some pull-ahead impact in the market.

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NewsSeptember 25, 2018

Karma to Open Dealerships in Seattle, Chicago, SoCal

Electric vehicle manufacturer Karma is set to open new dealerships in Seattle, Chicago, and Westlake Village, Calif.

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NewsSeptember 25, 2018

Carfax Expands Role in Nissan, Infiniti CPO Programs

The expanded role is designed to boost customer retention at certified dealerships. Now, all Nissan and Infiniti CPO buyers get enrolled in the free myCarfax service so they can receive service and recall alerts from Carfax.

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NewsSeptember 18, 2018

DealerSocket Announces Significant Investment in Customer Service, Support

The company continues to hire support staff to meet the needs of dealers and has invested millions in technology improvements, officials announced this week.

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ArticlesSeptember 14, 2018

You Need a Game Plan for a Flat Market

Stay competitive in a flat market by refocusing on the fundamentals of new-inventory management, forecasting, and tracking.

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