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Jim Henry

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Dealerships Changing Hands at Record Rate
Oct 18, 2021
The question for dealership buyers and sellers is how long the current, favorable environment can last, with demand outpacing supply, record average transaction prices for new and used vehicles, and pent-up demand for...
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Self-serve Kiosks for Service Lanes Awarded Patent
Oct 01, 2021
Customers who check themselves in at a kiosk and leave their keys are issued a QR code that’s unique to them. After service is completed, the customer scans the QR code off their mobile phone, and the corresponding...
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Sonic Automotive Moves to Acquire Texas Dealer Group
Sep 30, 2021
The RFJ Auto Partners acquisition is expected to close in December, Sonic says. With the addition of dealerships for Stellantis brands, the deal adds five new brands to Sonic’s lineup: Chrysler, Dodge, Jeep, Ram and...
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Sales to Suffer While Chips Are Down, Cox Analyst Says
Sep 13, 2021
The seasonally adjusted annual rate for total August light-vehicle sales was just 13.1 million, says Charlie Chesbrough of Cox Automotive, and it was the fourth month in a row the SAAR declined from the previous month.
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Q2 Sales Reflect Return to Normal, Experian Says
Aug 19, 2021
An anomaly in the second quarter is that while prices are generally perceived to be up, the average new-vehicle loan amount for the second quarter of 2021 actually declined almost $1,000 vs. a year ago, to $35,163.
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New, Used Auto Lenders Seeing Low Delinquency Rates
Aug 18, 2021
TransUnion says auto delinquencies of 60-plus days accounted for 1.23% of the amount outstanding as of the end of the second quarter. That’s an improvement over a delinquency rate of 1.51% a year ago, in the depths of...
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