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Categories: Awards, Compliance, Dealer Ops, F&I, Industry, Showroom, Summit Updates
Nominations Open for F&I Pacesetters and 2021 Dealer of the Year

Presented by F&I and Showroom magazine and sponsored by Spectrum Automotive Holdings, the annual awards program recognizes dealerships with highly...

https://www.fi-magazine.com/366243/nominations-open-for-fi-pacesetters-and-2021-dealer-of-the-year
Categories: Auto Finance, Dealer Ops, F&I, Fixed Ops, Industry, Sales
Black Book: Weekly Market Update

Wholesale prices continued to gain momentum, with all segments reporting week-over-week increases last week.

https://www.fi-magazine.com/366148/black-book-weekly-market-update-5
Categories: Auto Finance, Dealer Ops, F&I, Fixed Ops, Industry, Sales, Showroom
Weekly Market Insights Report

As we move into the Fall season, wholesale prices began to show a positive movement once again and reached the highest point of the year last week.

https://www.fi-magazine.com/366100/weekly-market-insights-from-black-book-2
Categories: Dealer Ops, F&I
How Growing Trust with Customers Can Increase Profits

The service customer/service department relationship is built on trust. If your customers don’t trust you to be open, upfront, and honest, they won’t trust...

https://www.autodealertodaymagazine.com/366029/how-growing-trust-with-customers-can-increase-profits
Categories: Dealer Ops, F&I
Improving Dealership Profitability: Product Knowledge Means More Sales

To be the better, more profitable dealer, know your products.

https://www.fi-magazine.com/366018/improving-dealership-profitability-product-knowledge-means-more-sales
Categories: Dealer Ops, F&I, Product & Technology, Warranty Chain Management
GWC Warranty Partners with NIADA as Administrator of Certified Pre-Owned Program

Independent dealers will benefit from a nationally recognized endorsement of their CPO program.

https://www.autodealertodaymagazine.com/366009/gwc-warranty-partners-with-niada-as-administrator-of-certified-pre-owned-program
Categories: Auto Finance, Dealer Ops, F&I, Fixed Ops, Industry, Sales
Black Book: Market Update

Traditionally, as we move past Labor Day, values begin to decline, with the largest portion of the yearly depreciation typically occurring in the fourth...

https://www.fi-magazine.com/365972/black-book-market-update-2
Categories: Auto Finance, Dealer Ops, F&I, Fixed Ops, Industry, Sales, Showroom
Record Profits, Cash Flow and Demand Drove Historic Valuations and Transactions in Q2 Auto Dealership Buy/Sell Market

Auto dealership buy/sell market on path to most active year in history – 320 transactions June 2020 to June 2021.

https://www.autodealertodaymagazine.com/365964/record-profits-cash-flow-and-demand-drove-historic-valuations-and-transactions-i
Categories: Dealer Ops, F&I, Industry, Sales, Showroom
New-Vehicle Prices Surge to Record Highs for Fifth Straight Month

At $43,355, the average new-vehicle transaction price hit a record high in August 2021 for the fifth consecutive month, according to Kelley Blue Book.

https://www.fi-magazine.com/365909/new-vehicle-prices-surge-to-record-highs-for-fifth-straight-month
Categories: Auto Finance, Dealer Ops, F&I, Fixed Ops, Industry, Sales, Showroom
Cox Automotive Forecast: August New-Vehicle Sales Pace Slowest of 2021 Due to Low Supply

August will be a fourth consecutive month of slowing sales and looks to be coming in even lower than our forecast of 1.2 million, a 9% decline from August 2020.

https://www.fi-magazine.com/365837/cox-automotive-forecast-august-new-vehicle-sales-pace-slowest-of-2021-due-to-low


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