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A certified pre-owned car or CPO [citation needed] is a type of used car.It is also used in references to guns and phones. The term "certified pre-owned was conceived by corporations [citation needed] in order to find a more favorable alternative to marketing products as 'used,' which causes purchasers to impose their cognitive biases associated with 'used' items onto prospective purchases.
New cars make up 49% of retail auto sales, with used cars making up the other 51%. [36] Additional revenues come from auto repair at the dealerships, financing, and insurance sales. [37] In 2013 Lithia was named No. 9 on Automotive News' list of the 125 largest U.S. dealership groups, with retail new-vehicle sales of 56,960 units in 2012.
Three unique models that BMW Motorsport created for the South African market were the E23 M745i (1983), which used the M88 engine from the BMW M1, the BMW 333i (1986), which added a six-cylinder 3.2-litre M30 engine to the E30, [133] and the E30 BMW 325is (1989) which was powered by an Alpina-derived 2.7-litre engine.
This expansion will allow production of 240,000 vehicles a year and will make the plant the largest car factory in the United States by number of employees. [13] BMW's largest single market is the United States, where 339 dealerships sold 346,023 cars in 2015. [14] The two millionth vehicle built at BMWUSM rolled off the plant in January 2012.
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