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dealer ops

Manheim Adds Inventory Suggestions to Market Report

Manheim Market Report now includes personalized vehicle inventory suggestions, a new feature designed to help dealers quickly find the right vehicle at the right price.

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Peluso to Depart Manheim After 30-Year Tenure

Nick Peluso, president of Manheim Digital, a 30-year company veteran, and a widely recognized auction services innovator, will retire at the end of the year.

ADESA Auctions in US, Canada Get New GMs

ADESA announced the appointment of new general managers at its San Diego, Eugene, Ore., and St. John’s, Newfoundland, auction locations.

TradeRev to Open New Indianapolis HQ

KAR Auction Services will spend $3.75 million to build a new headquarters for its TradeRev division in downtown Indianapolis’ Century building, the former home of Indiana’s first automaker.

Mazda Turns to Toyota for Captive Financing

Toyota Motor Credit will offer loans, leases, and F&I products to Mazda’s U.S. dealers and customers, replacing the JPMorgan Chase-backed Mazda Capital Services as the factory’s captive finance company.

5 Profit-Draining Dealership Accounting Practices

If your bottom line is falling short of your expectations, bad money management could be to blame. Operations expert offers five common bad practices you can end today.

Volvo Adds Dealer Inventory to Subscription Program

Volvo dealers will soon be allowed to pull new vehicles off their lots and into the Care by Volvo sub service, a significant change that leads a list of reported revisions to the embattled program.

ADESA Adds Recommendations Carousel to Homepage

A new, proprietary algorithm built into ADESA.com was designed to identify the best vehicles for each dealer’s pre-owned inventory needs.

Nanny State: New Safety Tech Annoys Drivers

A new J.D. Power survey finds car buyer demand for semiautonomous safety technology is threatened by overbearing alerts that are causing many to disable their systems, increasing the risk of a collision.

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Truck and SUV Lease Prices Fall as New Models Loom

Analysts say impending 2020 releases are putting downward pressure on lease prices in every truck and SUV category in Wantalease.com’s secondary marketplace.

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