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dealer ops

UDS Acquires Dealer Marketing Link

UDS announced the acquisition of Dealer Marketing Link, a Pennsylvania F&I services provider.

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Tesla’s Electric Pickup: Is It a Work Truck?

Fleet Forward’s Chris Brown takes an up-close look at the Tesla Cybertruck and asks whether an (almost) indestructible exterior can help it break into the U.S. fleet market.

Report: Spike in Wholesale Volume Hurts Pre-Owned Values

Prices for used vehicles declined 4.2% in the first 10 months of 2019 while volume increased 5.2%, J.D. Power analysts say, a trend that has begun to affect the commercial market.

CDK Adds ShipYourCarNow to Facilitate Home Deliveries

ShipYourCarNow has joined CDK Global’s partner program in an effort to enable more dealers to offer home delivery service to car buyers nationwide.

Picard Moves to New VP Role at Manheim

As vice president of industry partnerships, Julie Picard will provide leadership and strategic direction in Manheim’s work with auto dealers and other groups.

Mass. Dealer Agrees to Nearly $1M Settlement

The Boston-area AutoMax group has agreed to a $925,000 settlement after facing accusations of misrepresenting vehicles, warranty and service contract coverage, and fees.

Telluride Wins Best New Model in 2020 Best Buy Awards

Kelley Blue Book has named the Kia Telluride America’s best new model for the 2020-MY. A Honda vehicle won the Best Buy award in five categories, including compact car and SUV.

Do I Really Need a BDC?

Why do you have a business development center? Heard urges dealers debating whether to empower or disband their BDCs to consider whether its duties can be carried out by any other means.

MAX Digital Adds Trade Valuation Tool

MAX Trade Value was developed in partnership with auto dealers and designed to leverage deep market data to facilitate online trade-in valuations.

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Auto Loan and Lease Activity Slows as Balances Grow

Equifax analysts say U.S. auto loan and lease originations declined 0.6% and 3.9% year-over-year in the first half of 2019, but balances for new vehicle loans were up 2.6%.

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