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Richard Greene
Richard Greene

Daily News

3-year-old used prices climb 38.2% since 2019

Aug 12, 2026

•

2 min read

3-year-old used prices climb 38.2% since 2019

A popular 3-year-old model was running $23,624 in 2019. (3 min. read)

Richard Greene
Richard Greene

Dealer Strategies

+1

Murdock CDJR tops $300K service gross by utilizing technology, processes

Aug 12, 2026

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2 min read

Murdock CDJR tops $300K service gross by utilizing technology, processes

Back in May, Phil Pecoraro, who acquired the store a year ago, had set the projection at $280,000. (4 min. read)

Richard Greene
Richard Greene

Daily News

Premium vehicle owners are increasingly trading for mainstream options

Aug 11, 2026

•

2 min read

Premium vehicle owners are increasingly trading for mainstream options

New premium sales dropped to 13.8% share of market (3 min. read)

Richard Greene
Richard Greene

Daily News

Seven out of 10 car buyers feel priced out of new market, survey finds

Aug 11, 2026

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2 min read

Seven out of 10 car buyers feel priced out of new market, survey finds

And, 77% stated they would prefer a used car with more features than an entry-level new vehicle. (3 min. read)

Richard Greene
Richard Greene

Daily News

CarGurus: Used vehicle inventory rises alongside prices and demand

Aug 11, 2026

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2 min read

CarGurus: Used vehicle inventory rises alongside prices and demand

New vehicle prices jump to $51.5K (4 min. read)

Richard Greene
Richard Greene

Daily News

18-year-old rises to service advisor through Chariot Automotive Group’s training program

Aug 10, 2026

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3 min read

18-year-old rises to service advisor through Chariot Automotive Group’s training program

More than half of the Academy dealership more than half the technicians are from the program. (4 min. read)

Richard Greene
Richard Greene

Daily News

FTC modifies agreements with auto dealer groups after ditching disparate impact

Aug 7, 2026

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2 min read

FTC modifies agreements with auto dealer groups after ditching disparate impact

Agency claims it lacks authority to apply theory with no limits (4 min. read)

Richard Greene
Richard Greene

Daily News

July sales finish at 16.3M SAAR

Aug 7, 2026

•

2 min read

July sales finish at 16.3M SAAR

Kia, Hyundai, Honda post big months, with sales lighter industry-wide. (3 min. read)

Richard Greene
Richard Greene

Daily News

Auto loan originations grow 1% in Q1

Aug 7, 2026

•

2 min read

Auto loan originations grow 1% in Q1

The top credit tier saw a contraction of buyers. (3 min. read)

Richard Greene
Richard Greene

Daily News

Ford introduces EV truck, Fathom, with a price tag of $28,350

Aug 6, 2026

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2 min read

Ford introduces EV truck, Fathom, with a price tag of $28,350

Preorders for the Fathom will start in early 2027 and deliveries later in the year. (3 min. read)

Richard Greene
Richard Greene

Daily News

Honda Marysville eyes 8.5% lift in repair orders tied to extended service hours and four-day work weeks

Aug 6, 2026

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3 min read

Honda Marysville eyes 8.5% lift in repair orders tied to extended service hours and four-day work weeks

There was more warranty work from Honda recalls in July, but Executive Manager Jeff Pister credits added flexibility and availability as primary drivers. (4 min. read)

Richard Greene
Richard Greene

Daily News

Gross profit per unit drops for top retailers in Q2

Aug 5, 2026

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2 min read

Gross profit per unit drops for top retailers in Q2

Used-vehicle grosses remain steady. (3 min. read)

Richard Greene
Richard Greene

Daily News

DriveCentric launches CRM for service

Aug 5, 2026

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2 min read

DriveCentric launches CRM for service

The new platform was field-tested by Niello Auto Group, All American Ford Paramus, and Morgan Auto Group. (3 min. read)

Richard Greene
Richard Greene

Daily News

Severe auto loan delinquencies remain stable around 3%

Aug 3, 2026

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2 min read

Severe auto loan delinquencies remain stable around 3%

30-day delinquencies have also stayed within 1% since 2024, ending Q1 2026 at 7.7%. (3 min. read)

Richard Greene
Richard Greene

Dealer Strategies

Bob Ruth Ford on acquiring 350+ used vehicles from consumers

Aug 3, 2026

•

3 min read

Bob Ruth Ford on acquiring 350+ used vehicles from consumers

“86% of the inventory we sell in the first 30 days,” Vice President Rob Dell said.

Richard Greene
Richard Greene

Daily News

Positive equity tied to trade-ins hits record $13K

Jul 31, 2026

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3 min read

Positive equity tied to trade-ins hits record $13K

“The numbers are crazy, borderline unbelievable,” said Ivan Drury, Director of Insights for Edmunds. (3 min. read)

Richard Greene
Richard Greene

Daily News

Ford deliveries fall 12% through 1H 2026

Jul 31, 2026

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2 min read

Ford deliveries fall 12% through 1H 2026

The OEM cited product discontinuation, aluminum supply constraints, and “right-sizing” EV inventory as the reasons for lower volumes. (3 min. read)

Richard Greene
Richard Greene

Daily News

Truck transport costs are rising as diesel prices swing and carriers exit the market

Jul 31, 2026

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2 min read

Truck transport costs are rising as diesel prices swing and carriers exit the market

Fuel prices influence about 20% of carrier costs, according to Vlad Kadurin, Chief Product Officer at Ship.Cars.

Richard Greene
Richard Greene

Daily News

Carvana logs record Q2 with 197K units sold, $7.4B in total revenue

Jul 30, 2026

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2 min read

Carvana logs record Q2 with 197K units sold, $7.4B in total revenue

"New cars are profitable for us today, but beyond that, there’s not a ton of detail that we’re ready to provide." (3 min. read)

Richard Greene
Richard Greene

Daily News

New-vehicle sales hit 16.7M SAAR in July

Jul 29, 2026

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2 min read

New-vehicle sales hit 16.7M SAAR in July

Sales were down 0.4% from July 2025, which had the pull-ahead on EV sales. (3 min. read)

Richard Greene
Richard Greene

Daily News

No relief: Fed keeps rates at 3.5% to 3.75%

Jul 29, 2026

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2 min read

No relief: Fed keeps rates at 3.5% to 3.75%

“Higher-income consumers continue to be the backbone of the new-vehicle market." (3 min. read)

Richard Greene
Richard Greene

Daily News

Keyport Kia harnesses the power of social media to drive sales past 200 per month

Jul 29, 2026

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2 min read

Keyport Kia harnesses the power of social media to drive sales past 200 per month

The shop's fun, light approach is resonating with customers. (4 min. read)

Richard Greene
Richard Greene

Daily News

‘Techo Tuesday’ drives ROs 6% higher at Grubbs CDJR, Kia

Jul 28, 2026

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3 min read

‘Techo Tuesday’ drives ROs 6% higher at Grubbs CDJR, Kia

Lunch, prizes improve culture in service department for CDJR, Kia stores. (4 min. read)

Richard Greene
Richard Greene

Daily News

Used vehicle prices grow by $50 in July

Jul 28, 2026

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1 min read

Used vehicle prices grow by $50 in July

Truck costs see $400 spike. (2 min. read)

Richard Greene
Richard Greene

Daily News

Retail new vehicle sales near 1.2M in July

Jul 27, 2026

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2 min read

Retail new vehicle sales near 1.2M in July

The average monthly payment set a July record of $808. (3 min. read)

Richard Greene
Richard Greene
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