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

autoevolution

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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Diane Maher Receives 2025 Barbara Cox Woman of the Year Award

AutoSuccess

Cox Automotive announced Diane Maher, president and chief strategy officer of DP Fox Ventures LLC and president and chief operating officer at Fox Motor Group, as the 2025 Barbara Cox Woman of the Year. 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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Electric Vehicles in the Used Car Market: How Car Dealers Are Adapting

Auto Service World

The automotive industry is undergoing a generational transformation with the continued use of electric vehicles (EVs). As more consumers embrace the benefits of EVs, the used car market is also seeing an influx of these eco-friendly vehicles.

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

Auto Service World

The automotive industry is undergoing a generational transformation with the continued use of electric vehicles (EVs). As more consumers embrace the benefits of EVs, the used car market is also seeing an influx of these eco-friendly vehicles.

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Are You Chasing Leads? Or Are You Pursuing Active Buyers?

AutoSuccess

The key to unlocking true marketing potential lies in identifying and pursuing the most active buyers, rather than simply chasing after any lead that comes their way. This could include tailored vehicle recommendations, specific financing options or even personalized video messages from sales staff.

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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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