How Smart Reconditioning and Timely Follow-Ups Drive Real ROI Secure Transportation Without Delays Auction Purchases to Profits. Once you’ve won a vehicle at auction, the clock starts ticking. Quick transport is crucial—not only to preserve any arbitration rights but also to limit potential risks. A delayed delivery could cost you more in the long […]
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🚨 Tariff Shock Hits Auto Industry: Parts Prices Already Climbing Tariff Impact Hits Industry. The 25% tariff on imported auto parts officially took effect on May 3, and the impact is already rippling through the industry. Dealerships and repair shops are seeing rising costs, and supply chain concerns are growing by the day. 💰
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Courtesy Calls That Change Everything: How Dealers Turned Collections Into Connection Engaging Today’s Auto Buyers. For many Buy-Here, Pay-Here customers, seeing their dealership’s number flash across the screen is enough to send their heart racing—and not in a good way. It’s often the start of an uncomfortable conversation about a missed payment. But for
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Dealers Coping With Tariff Shift. Tariffs are expected to be implemented shortly on imported vehicles. This is causing a significant effect on vehicle sales and prices. Here is some information that has been shared with DealerXT. As of last weekend (March 29-30, 2025), sales of vehicles at new car dealerships have skyrocketed because customers expect
Expanding Insights into Automotive Remarketing with New Online Auction Platform J.D. Power has expanded its footprint in automotive remarketing with the acquisition of Superior Integrated Auctions (SIA). The acquisition merges SIA’s online auction platform with J.D. Power’s vehicle inventory, valuation data, predictive analytics, and digital marketing tools. This collaboration aims to streamline the management
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Understanding the Remaining Obstacles in EV Sales EV Retailing Challenges for Dealers Challenges in Retailing EVs. Retailing used electric vehicles (EVs) should be straightforward for dealerships, especially with recent data from iSeeCars revealing a 15.1% drop in used EV prices over the past year. This trend could make these vehicles more attractive in dealer
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Analyzing Trends in February’s Used-Car Retail Market Price Changes in February February Used-Car Price Trends. Last month saw some year-over-year declines in retail used-car prices, according to the latest CARFAX Used Car Index report, which highlighted price drops in six of the segments analyzed. Mixed Bag of Results Compared to January, the market showed
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A closer look at the Consumer Financial Protection Bureau’s latest enforcement action. Federal Agencies Intensify Scrutiny on the Auto Industry USASF CFPB Fine 2025. The Consumer Financial Protection Bureau (CFPB) concluded its case against USASF, an auto-loan servicer, with a significant ruling in the U.S. District Court for the Northern District of Georgia. The
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Examining the factors behind the latest sales decline and what it means for the company’s future. Overall Sales Decline in 2024 FCA Drop in Sales. FCA US (Fiat Chrysler Automobiles) reported sales of 320,743 vehicles in the fourth quarter and 1,303,570 vehicles for the full 2024 calendar year. Overall, total U.S. sales declined 7% in
Exploring the challenges and opportunities shaping success in the year ahead. A Challenging Year for Retail and BHPH Dealers 2025 Thrive or Survive. If 2024 is any indication, 2025 will be another year of navigating challenges for independent used vehicle dealers. While opportunities exist to thrive, survival mode may dominate for most industries. Lessons
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