DealerXT

Japan Expands Robot Workforce

13,000 new robots power Japan’s push for efficiency and next-gen vehicle production   Robot Deployment Hits 4-Year Peak Japan Expands Robot Workforce. In 2024, Japanese automakers installed 13,000 industrial robots—a notable 11% increase compared to the previous year, marking the highest surge since 2020, according to data from the International Federation of Robotics (IFR). Global […]

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New Car Prices Climb

Consumers face higher costs as average new vehicle prices continue to increase across the U.S. auto market.   New Vehicle Prices Tick Up in June New Car Prices Climb. According to Kelley Blue Book, a Cox Automotive brand, the average transaction price (ATP) for new vehicles rose slightly in June to $48,907, a 0.4% increase

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Choosing the Right Addendum

How DealerXT’s Arbitration Addendum Helps Dealerships Reduce Legal Costs and Risk   Choosing the Right Addendum. When it comes to managing legal risk, one overlooked but critical detail in a dealership’s retail installment sales contract and paperwork is the Arbitration Agreement. Many dealers assume that these contracts and agreements are standard. They are not!! Strategic

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Remote Work Shared Gains

Exploring how remote work empowers employees and drives business success   A Post-Pandemic Workplace Shift Remote Work Shared Gains. The pandemic permanently reshaped how we live and work. Companies were forced to redefine their workplace culture and operational structures to adapt. Today, businesses that fail to offer at least hybrid work options risk losing both

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Consumer Confidence Shows Rebound

After months of uncertainty, U.S. consumer sentiment improves in May, driven by easing inflation and a stronger economic outlook.   Consumer Confidence Bounces Back in May Consumer Confidence Shows Rebound. Good news for dealerships: U.S. consumer confidence saw a significant rebound in May. The Conference Board’s Consumer Confidence Index jumped by 12.3 points to 98.0,

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Used Car Loan Deduction

NIADA pushes for tax provision clarification to include used vehicles in interest deductions. NIADA Calls for Clarification in Senate Tax Bill Used Car Loan Deduction. The National Independent Automobile Dealers Association (NIADA) will formally request that Senate Finance Committee leaders clarify language in the proposed auto loan interest deduction, ensuring it applies to used vehicles,

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Wholesale Market Trend Reverses

After months of steady increases, wholesale vehicle prices began to decline, signaling a potential shift in dealer pricing strategies.   Prices Begin to Normalize After Spring Surge Wholesale Market Trend Reverses. As May began, wholesale used vehicle prices were still riding high. But by the end of the month, the market shifted. According to BlackBook’s Market

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Remote Closures That Convert

Learn what remote closing is, how it works, and the best strategies to close deals from anywhere with confidence and success.   Winning Remotely: How to Close Deals Without the Office. Close More. Travel Less. Remote Closures That Convert. Remote closing lets sales teams secure high-value deals from anywhere—home office, co-working space, or a beachside

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