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A Carter Myers self-insured plan allows it to manage costs and potentially give leftover money back to help employees cover premiums.

CDK said dealers it has spoken with have been ‘grateful and appreciative' of compensation offer. But some affected dealers said it doesn't cover their losses.

Second-quarter results for GM, Ford and Stellantis reflect a bumpy road as they juggle costly EV plans while managing profits on gasoline and hybrid models in an uncertain market environment.

Franchised dealership and auto retail group leaders spoke with Automotive News in June and July about used-car market certainties and uncertainties in 2024.

A study by iseecars.com found rapid price increases, growing market share for 10-plus-year old vehicles, which lead lenders to reconsider underwriting rules.