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February 11, 2014 - Industry News

BLS: Auto Industry Adds 42,000 Jobs Since Last Year

Source: Bureau of Labor Statistics

The Bureau of Labor Statistics reports that auto dealers have added 42,000 jobs since January 2013, pushing total employee count to just north of 1.16 million.

Tags: automotive, BLS, Bureau of Labor Statistics, Dealer, employment, income, job growth, Labor

February 11, 2014 - Industry News

Dataium: Game Day Ads Drive Dealer Website Traffic

Maserati, Jeep and Jaguar dealer websites experienced increases in online shopping activity following the Super Bowl.

Tags: Dataium, Jaguar, Jeep, Maserati, Super Bowl, television advertising

February 11, 2014 - Industry News Falling Used-Car Prices Likely to Affect All Buyers

An excessive supply of used vehicles hitting dealer lots is expected to drive prices down and cause a chain reaction that could raise monthly payments and lower trade-in values.

Tags: car prices, certified pre-owned vehicles,, residual values, Used Vehicles, vehicle leasing

February 11, 2014 - Industry News

FTC Settles With Two Dealers for Deceptive Advertising

By unanimous vote, the Federal Trade Commission approves final orders settling charges against two dealers for deceptive advertising.

Tags: car dealer, Deceptive Advertising, Federal Trade Commission, FTC, Settlement

February 6, 2014 - Industry News

Digital Air Strike Names Winners of Social Media and Reputation Awards

The reputation-management company announced the winners of its second annual Social Media and Reputation awards, recognizing dealers and vehicle OEMs in 15 categories.

Tags: Awards,, Digital Air Strike,, google+, NADA Convention & Expo, National Automobile Dealers Association, online reputation management, Social Media, Yahoo! Autos, Yelp, YouTube

February 5, 2014 - Industry News

Bloomberg: Tesla Squeezes in to Consumer Reports’ Top 5 Brands

In Consumer Reports’ latest poll, Tesla ranks in the Top 5 brands among consumers it surveyed, rising from the 11th spot last year to No. 5.

Tags: Consumer Reports, Tesla

February 4, 2014 - Industry News

NADA Adds Guidance for Dealers about Data

The NADA issued at its annual convention an addendum to the dealer data guidance it released this past summer. It includes a sample vendor agreement that lays out limitations on what data tech vendors can access from dealers.

Tags: Data, dealership management system, Federal Trade Commission, identity theft, NADA Convention & Expo, National Automobile Dealers Association, Senate Banking Committee

February 4, 2014 - Industry News

Move to Flats Unlikely in 2014, Says AutoNation’s Jackson

AutoNation’s chief executive says he doesn’t expect the CFPB to eliminate rate participation, but he admits to not knowing ‘the end of the story yet.’

Tags: AutoNation, Consumer Financial Protection Bureau, National Automobile Dealers Association, profit, Quarterly Earnings

January 30, 2014 - Industry News

Google Cars Beta Program Discontinued

The beta program for Google Cars has ended, but the tech firm says the stoppage is only temporary as it works on the ‘next version’ of its vehicle-shopping tool.

Tags: Google, Online Marketplace

January 29, 2014 - Industry News

Manheim, AutoTrader Group Name Automotive Woman of the Year

Manheim and AutoTrader Group presented the Barbara Cox Anthony Automotive Woman of the Year award to Susan Scarola, vice chairman of DCH Auto Group.

January 28, 2014 - Industry News

DealerRater Announces 2014 Dealer of the Year Award Winners

DealerRater honors top U.S. and Canadian car dealers for outstanding customer satisfaction based on customers’ online reviews posted on DealerRater’s website.

Tags: car dealer, Dealer Review Sites, DealerRater, NADA, New Orleans

January 28, 2014 - Industry News

Hillary Clinton Praises Dealers’ Role in Economic Recovery

Clinton told dealers during the National Automobile Dealers Association Convention & Expo in New Orleans this week that building and selling cars 'helped create the American middle class.'

Tags: auto dealer, car dealer, economic recovery, economy, Hillary Clinton, NADA, NADA Convention & Expo, New Orleans

January 27, 2014 - Industry News

Zurich Helping Dealers Navigate CFPB's Fair Lending Review

Zurich North America worked with Hudson Cook on guidance to help auto dealers protect their dealerships from allegations of unfair lending practices.

Tags: auto dealer, CFPB, Compliance, fair lending, Hudson Cook LLP, regulation, Zurich

January 27, 2014 - Industry News

Dealertrack Debuts DMS 2.0

New graphical user interface and enhanced mobility are among the key features of Dealertrack DMS 2.0.

Tags: app, auto dealer, car dealer, dealer management system, Dealertrack, DMS 2.0, Mobile, NADA

January 27, 2014 - Industry News

Ally and TIME Announce 2014 TIME Dealer of the Year

Jeff Teague of Teague Ford Lincoln in El Dorado, Ark., was named 2014 TIME Dealer of the Year during a special ceremony at the NADA Convention & Expo.

Tags: 2014, Ally Financial, Jeff Teague, NADA, New Orleans, TIME Dealer of the Year

January 22, 2014 - Industry News Adds Leasing Option to PricePromise’s Price Promise now delivers leasing options for dealership customers.

Tags:, haggle, Leasing, PricePromise, Seth Berkowitz

January 22, 2014 - Industry News

DMEautomotive Introduces Mobile Wallet Marketing Program for Dealers

DMEa Mobile Rewards offers ready-made program designed to drive showroom and service traffic; includes geo-fencing to reach consumers with relevant offers and coupons.

Tags: application, car dealer, DMEa Mobile Rewards, DMEautomotive, mobile wallet, service drive, Showroom

January 21, 2014 - Industry News

Haystak Earns Google AdWords Premier SMB Partner Award

Haystak Digital Marketing earns Google AdWords Premier SMB Partner Award for customer satisfaction for second year in a row.

Tags: car dealer, Customer Satisfaction, digital marketing, Google AdWords, Google AdWords Premier SMB Partner, Haystak Digital Marketing, small businesses

January 21, 2014 - Industry News

Fiat Completes Acquisition of Chrysler Group

Fiat completed its acquisition of all of the VEBA Trust’s membership interests in Chrysler Group LLC. Chrysler Group is now a wholly-owned subsidiary of Fiat.

Tags: Acquisition, Chrysler Group LLC, Fiat

January 16, 2014 - Industry News

Facebook Ads Increase Vehicle Consideration, Study Shows

A new study by comScore and initiated by Facebook shows that automotive campaigns on Facebook drive up consideration for brands and models advertised. They also drive down searches for competing brands.

Tags: Facebook, facebook advertising, Social Media, social media marketing

January 14, 2014 - Industry News

Court Rules Yelp Must Release Identities of 7 Reviewers

Hadeed Carpet Cleaning filed a defamation suit against seven anonymous Yelp reviewers and subpoenaed Yelp for their identities. A Virginia court found that the website must release the identities because the reviewers might not be real customers, and therefore their reviews are not protected by the First Amendment.

Tags: appeal, Brittany-Marie Swanson, court, defamation, First Amendment, free speech, Hadeed Carpet Cleaning, Lawsuit, reputation management, Virginia, Yelp

January 14, 2014 - Industry News

MPi Changes Name to AutoPoint

Under the new name, the company will place greater focus on automotive service. The company also announced it will be consolidating five of its offices into a single facility in February.

Tags: automotive, AutoPoint, MPi, name, Rich Holland, Service

January 14, 2014 - Industry News

DOJ Charges N.C. Dealers With Credit Discrimination

A joint complaint filed in North Carolina alleges buy-here, pay-here dealerships targeted African-American customers for unfair and predatory credit practices that violated federal and state law.

Tags: Deceptive Practices, Department of Justice, discrimination, Equal Credit Opportunity Act (ECOA), North Carolina, U.S. Attorney

January 14, 2014 - Industry News

Below-Prime Car Buyers Less Loyal Than Average Car Buyers

A new brand loyalty report from found that below-prime car buyers are less loyal than the average car buyer. Kia topped the list of brands this group is most loyal to.

Tags: brand loyalty,, Chevrolet, Dodge, Ford, Kia, Nissan, Subprime, trade-in vehicles

January 14, 2014 - Industry News

Autobytel Acquires AutoNation's AutoUSA

The transaction significantly expands Autobytel’s dealer network and is expected to deliver meaningful increases in revenue and cash flow.

Tags: Acquisition, Autobytel, AutoUSA