The Showroom

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May 17, 2018 - Industry News

Update: Ford to Restart Truck Production

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

Votes Pour in for 2018 Dealers’ Choice Awards

DCA voting has begun in earnest as auto dealers nationwide recognize their favorite vendors, suppliers, and finance sources.

May 10, 2018 - Industry News

Asbury Maintains $1,500 PRU, Goes Digital in Q1

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.

May 10, 2018 - Industry News

US Fuel Prices Appear to Stabilize

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.

May 10, 2018 - Industry News

Parts Fire Halts Production of Trucks, Vans

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

NIADA: Cost of Doing Business Up, Finance Availability Down

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

Park Place Rolls Out Subscription Service

Dallas luxury auto group Park Place has launched Park Place Select, a subscription service offering access to a wide range of premium vehicles.

May 2, 2018 - Industry News

Voting Now Open for 2018 Dealers’ Choice Awards

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

April's Average Transaction Price Rises to $35,411

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

May 1, 2018 - Industry News

Rock Solid: Used-Car Values Flat in April

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

MBUSA Adds Access, Inventory Channels to Online Portal

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

VINFactor Partners With Selly CRM

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 Applies for Calif. Driverless Vehicle Testing

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

J.D. Power Integrates Car Ratings Into NADAguides.com

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

April 23, 2018 - Industry News

Dealer Wizard Joins Auto/Mate DMS

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: Small Cars Hold Their Own in March

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

DOM360 Unveils Automated Facebook Listings

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

AutoWeb Names Industry Veteran Jared Rowe President and CEO

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

SUV/CUV Loyalty Reaches Record Levels

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

KBB: Average New-Car Price Jumps 2% in March

Thanks to strong SUV sales, March's average transaction price rose $703 from a year ago to $35,285, the firm said this week.

April 3, 2018 - Industry News

Proactive Updates BDC Video Training Library

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

Cox: Off-Lease Tidal Wave Poses Greatest Risk to New-Vehicle Sales

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

Lexus to Offer ‘Subscription-Type Plan’ With New Compact SUV

Photo of 2019 Lexus UX 200 courtesy of Toyota.

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

Survey: Dealers Open to Change

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

NADA Chairman Outlines Goals, Focus Areas for 2018

Michigan dealer Wes Lutz outlined his chief concerns as the new chairman of the National Automotive Dealers Association.

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