Dealer News

Following a range of measures initiated by Porsche to support customers during the COVID-19 pandemic, the German sports car manufacturer is now offering an automatic extension on new vehicle warranties…
Black Book reported “small signs of improvement” after weeks of high no-sales rates. In the past week, some auctions around the country reported conversion rates reaching 40 percent or more.…
AutoNation Inc., announced that Marc Cannon, AutoNation’s executive vice president and chief marketing officer, has been appointed executive vice president and chief customer experience officer, effective April 29. Cannon has…
Fyusion, which enables the creation of 3D images with deep AI understanding, announced a free version of its enterprise-class 3D automotive imaging solution, to help auto dealers sell cars to…
South Florida-based Gunther Motor Co., with the help of a local meal delivery company, presented meals to local hospitals and first responders from Hollywood and Delray Beach, Fla. Throughout the…
Following a seven-day bidding period and 32 bids, an online auction hosted by RM Sotheby’s for the last Porsche 911 to enter and pass down the serial production line has…
Black Book reported volume-weighted, overall car segment values decreased by -1.40 percent this past week. This is the 4th week of large depreciations and gives a 4-week average of -1.02…
A federal agency deemed auto sales essential as the U.S. government and several states began developing plans to reopen the economy at press time. These bits of good news were…
The Lithia Motors dealership chain expects first quarter 2020 net income to be in the range of $45.5 million to $47.0 million and net income per diluted share between $1.95…

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