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BMW plans to introduce an electric version of the 3 Series in September, a move designed to fend off rival Tesla, a German newspaper reported.
Many dealers know they can periodically apply to the factory for a service labor rate increase. Far fewer seem aware that most states' franchise laws also allow a retail parts markup.
The National Automobile Dealers Association's latest statistical profile of auto retail finances reports.
Dick Chitty retired in 2003 from Toyota, but he remains an active watcher of fixed operations — so much so that he shared his recipe for success with Fixed Ops Journal.
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