May 17, 2018 - Industry News
Ford will resume assembly of the top-selling F-150 pickup Friday following a shutdown that followed a structure fire at a key parts supplier.
May 14, 2018 - Industry News
DCA voting has begun in earnest as auto dealers nationwide recognize their favorite vendors, suppliers, and finance sources.
May 10, 2018 - Industry News
Asbury Automotive executives reported on a busy first quarter that included a 2% increase in F&I revenue and gross profit per vehicle and the full embrace of two ‘omnichannel’ ecommerce tools.
AAA officials say the price of gasoline has leveled off at $2.81 per gallon after climbing more than 12% in March and April, but a steady seasonal uptick looms ahead.
Production on the Ford F-150, GM’s full-size vans, and the Chrysler Pacifica has been disrupted by a fire that struck a major Detroit Three parts supplier last week.
May 8, 2018 - Industry News
The association’s first quarter business confidence survey reveals subdued expectations for sales and economic growth among independent dealers. One factor muting optimism is finance source availability and tighter credit guidelines.
Tags: auto finance, Compliance, Nation Independent Dealers Association, tax season
May 2, 2018 - Industry News
Dallas luxury auto group Park Place has launched Park Place Select, a subscription service offering access to a wide range of premium vehicles.
Voting for this year’s DCAs has commenced with the launch of a survey open to dealers and dealership professionals until May 31.
May 1, 2018 - Industry News
Less price-sensitive buyers splurged for the latest models in April, with the industry’s average transaction price rising 2% from a year ago despite rising fuel prices.
Tags: average transaction price, Kelley Blue Book, new-vehicle sales, showroom
A strong spring selling season resulted in a flat Used Vehicle Retention Index in April, continuing a remarkable 12-month run in which the Black Book’s meter has only changed by -1.0%.
April 26, 2018 - Industry News
Dealers using MBonDemand.com now have access to third-party inventories, including off-rental units from Sixt Rent-a-Car.
April 25, 2018 - Industry News
Selly Automotive has incorporated the VINFactor market intelligence tool as a standard feature for U.S. auto dealer users.
April 24, 2018 - Industry News
Waymo becomes the second company to ask permission of California’s DMV to test fully driverless vehicles on public roads.
April 23, 2018 - Industry News
NADAguides.com now features J.D. Power's quality, reliability and performance ratings, and reviews. The planned site enhancements occur just eight months after J.D. Power acquired NADAguides.com.
Tags: digital retailing, J.D. Power, NADAguides.com
Auto/Mate Dealership Systems has integrated its dealership management system with Dealer Wizard’s suite of database intelligence solutions.
April 19, 2018 - Industry News
Black Book’s most recent depreciation data charts a spring surge — and predicts a decline — in values for compacts and other smaller-car segments.
April 16, 2018 - Industry News
Automotive Digital Marketing Agency has released a tool designed to allow auto dealers to automate vehicle listings for Facebook Marketplace.
April 13, 2018 - Industry News
The announcement marks Rowe's return to the company where he started his digital marketing career nearly 20 years ago. It also marks his return to the car business.
Tags: Autobytel, AutoWeb, Cox Automotive, digital marketing, digital retailing, technology
April 12, 2018 - Industry News
IHS Markit analysts say more than two-thirds of SUV and crossover buyers remain loyal to the segment, far outpacing the industry average with no signs of slowing.
April 3, 2018 - Industry News
Thanks to strong SUV sales, March's average transaction price rose $703 from a year ago to $35,285, the firm said this week.
Proactive Dealer Solutions announced a series of new additions to its library of interactive videos for business development center training.
March 29, 2018 - Industry News
It’s not just the wave of off-lease vehicles expected to return to the market this year and next, it’s the type of vehicles returning that could stunt new sales. Rising interest rates, however, could turn the tide for the new-vehicle market.
Tags: Cox Automotive, new-vehicle sales, used-vehicle sales
March 28, 2018 - Industry News
The all-new UX crossover SUV will be Lexus' first vehicle to be offered through a subscription plan when it arrives in dealership showrooms this December.
Tags: auto finance, Cadillac, Hyundai, Lexus, Lincoln, Subscription Service, UX 200, Volvo
March 27, 2018 - Industry News
A survey of 400 U.S. auto dealers by MAXDigital indicates the majority are preparing to change their sales process to boost profits, combat turnover, and improve CSI.
March 26, 2018 - Industry News
Michigan dealer Wes Lutz outlined his chief concerns as the new chairman of the National Automotive Dealers Association.
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