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A new study from Edmunds.com suggests that the younger, tech-savvy generation is quickly becoming a more educated and self-sufficient group of auto buyers due to their prolific use of mobile devices during the car shopping process.
According to the study, 73 percent of Millennials (age 18-34) said that they believe they are savvier car buyers than their parents. More than half of Millennial respondents also said they actively advise friends and family on the car buying process, compared to 37 percent of older Americans.
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Leedom Group and Ituran USA have teamed up for the first quarter of 2015.
The companies announced Ituran’s position as a platinum sponsor of the 21st Annual Buy Here – Pay Here World Convention. The convention will take place April 12 - 14 at the Hyatt Regency New Orleans. Ituran USA will be presenting at the event on GPS education.
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Kelley Blue Book expects new-vehicle sales to decline 0.3 percent year-over-year to a total of 1.53 million units in March, resulting in an estimated 16.9 million seasonally adjusted annual rate.
The projected slight decline in volume in March largely is due to one fewer Saturday this month compared to last year.