Used Car Buyers Hold Out for Lower Interest Rates

Discounts may be needed to move the metal, reports Cox Automotive.

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CDK’s New Virtual Assistant Aims Not to Goof Up

A chatbot duped into agreeing to sell a ’24 Chevy Tahoe for $1 is a cautionary tale for auto dealers. Yet many of them are interested in AI.

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Navigating Downward Pressure on Vehicle Gross Profits

Increasing inventory levels, rising floor plan costs and margin compression are the latest twists in what continues to be a rapidly evolving automotive retail market.

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Why Inventory Management Is Ripe for A Shakeup

It’s crucial to strike a balance between stocking sufficient inventory to meet demand and avoiding overstocking, which can lead to financial strain.

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