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Deceived Fisker Ocean Owners Get an Offer They Can't Refuse From JPMorgan Chase

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Specifically, the bank that financed Fisker Ocean purchases partnered with Rivian to buy back Fisker vehicles at a fair price. Fisker sent shockwaves throughout the automotive markets when it filed for ( continue reading. ) Now, they get an offer they can't refuse from JPMorgan Chase as part of a settlement process.

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Live Chat Revs Up Automotive Marketing in 2024

AutoSuccess

According to Cox Automotive, the new vehicle inventory supply is near its highest point since June 2020. At the same time, dealers are seeing triple-digit increases in floor plan expenses, mainly due to increased interest rates, according to Auto Finance News. Although the 2024 market outlook remains positive with an estimated 15.4

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How CarGurus Is Changing the Car Buying Process

Auto Service World

CarGurus also provides detailed market insights, such as whether a car is priced above or below its market value, helping buyers understand the dynamics of the automotive market. CarGurus simplifies this process with user-friendly financing tools and transparent loan information.

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Electric Vehicles in the Used Car Market: How Car Dealers Are Adapting

Auto Service World

Financing Options : Attractive financing options make certified EVs more accessible to a wider range of buyers. Car dealers are likely to expand their certified EV programs and invest more resources into marketing and promoting certified electric vehicles.

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Electric Vehicles in the Used Car Market: How Car Dealers Are Adapting

Auto Service World

Financing Options : Attractive financing options make certified EVs more accessible to a wider range of buyers. Car dealers are likely to expand their certified EV programs and invest more resources into marketing and promoting certified electric vehicles.

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Diane Maher Receives 2025 Barbara Cox Woman of the Year Award

AutoSuccess

Furthermore, Cox Automotive will award a $10,000 scholarship to Brooke Englehardt, a junior at Northwood University, home to the nation’s leading automotive marketing and management program. Joining DP Fox as vice president of finance in 1993, she oversaw the acquisition of all Fox Motors dealerships since 2000.

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Navigating Inflationary Pressures on Vehicle Ownership: A Guide for Auto Dealers

AutoSuccess

Let’s explore the factors driving inflation in the automotive market and discuss strategies for dealers to support their customers through these difficult economic conditions. Higher rates lead to increased monthly payments, making vehicle financing more challenging. for used car loans.

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