Author: Automotive News Feed
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FandI: Think how to help, not just sell
Dealerships would do well to consider how to help their customers, not just sell to them.
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Sales floor mistakes affect FandI compliance
Sales floor mistakes can cause finance and insurance compliance issues.
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Big auto suppliers hurt by cars’ slide, lower output
Worldwide production cuts and the shift away from cars is casting a shadow on some suppliers.
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Service provider Dealer-FX upgrades software
Service technology provider Dealer-FX hopes a “new coat of paint” on its signature wiAdvisor product will help win over some dissatisfied FCA dealers.
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Is Elon Musk behind Fact Checking?
Members of the Tesla Motors Club forum suspect Elon Musk may be anonymously posting under the name Fact Checking.
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Volkswagen CEO Herbert Diess says in interview that German automaker is actively looking to add U.S. manufacturing capacity and that talks with Ford Motor Company could expand
Volkswagen CEO Herbert Diess tells Automotive News that the Chattanooga plant could grow, or VW could build another plant to expand North American capacity for EVs and perhaps a pickup.
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AutoNation’s Mike Jackson says Vroom plans still up in the air
AutoNation’s $50 million investment in online used-vehicle retailer Vroom could someday lead to a strategic partnership. But for now, it’s solely an investment.
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Diess: VW wants dealers ‘to become really profitable’
Volkswagen CEO Herbert Diess says he recognizes the need for VW dealers — whose average profit margins lag almost every other brand in the U.S. — to improve their returns and that VW itself must help in that effort.
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Penn. dealer launches auction for trade-ins
Blaise Alexander Family Dealerships opened its own weekly auction to wholesale its excess used cars and trade-ins, saving fees and earning extra revenue.