It’s a cutthroat world, FirstLook and MAX Systems founder Pat Ryan Jr. says, where dealer profit margins are under attack by well-armed consumers and a ferocious used-vehicle market is making it hard to maintain inventories....More
Dealers gained used-car market share at the expense of private-party transactions because people selling their cars found dealers willing to pay top dollar for them, the “2012 Manheim Used-Car Report” says....More
While it is clear that many Americans are giving up their long-time commitment to domestic vehicles in favor of Asian and European competitors, not all of the forces driving the change are understood....More
Ft. Myers (FL) Toyota is claiming a world record by selling 719 used vehicles in one month.
“It was a historic event for our town, our business and especially our people,” John Marazzi, general manager, says of the July event....More
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