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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.

Banking 96
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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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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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True Grit’s Reward

AutoSuccess

What truly separates the top performers in the hyper-competitive automotive market from those merely “getting by” isn’t raw talent, charisma or even product knowledge, though these certainly matter. The deal that falls apart in finance. The defining characteristic of excellence is something far more fundamental: true grit.

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DealerAI Introduces MAGS

AutoSuccess

AI agents powered by MAGS can specialize in different areas, such as: Sales and Lead AI: Engages leads, recommends vehicles and assists with financing inquiries. F&I AI: Guides customers through financing, warranty options and protection plans. . Trade-In and Appraisal AI: Gathers trade-in details and provides procedure guidance.

Finance 52
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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

In this article, well explore how CarGurus is reshaping the automotive marketplace and changing the car-buying process for consumers and dealerships alike. 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.

Car 130