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Teddy Nissan Consistently One of the Top Certified Pre-Owned Dealers in the Country

Owner Ted Bessen and President Steve Risso have built up one of the top-selling certified pre-owned dealers in the country, as well as the No. 1 dealer in the New York City market for July. NEW YORK — After being named the No. 1 certified pre-
Sep 7, 2012
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Sales Ambassador at Tier 10 Marketing Discusses How Leading Lexus Dealers Increased Sales and Service Numbers for Less Cost

You will learn how leading Lexus dealers utilize an integrated marketing strategy across multiple mediums to improve sales and service profitability, while increasing their active base of customers and positively affecting all their profit centers: n
Sep 7, 2012
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NADA Adds Certified Pre-Owned Values to ‘Used Car Guide’

MCLEAN, Va. — The National Automobile Dealers Association Used Car Guide is now providing manufacturer-certified pre-owned (CPO) values for every qualified vehicle in its printed and electronic editions. “We recognize the tremendous effo
Sep 7, 2012
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How and Why to Improve the Most Important Metric in your Dealership

Dealers look at metrics all day long: number of units sold, front gross, F&I penetration rates, service gross, etc. And if they don’t like what they see, the department manager hears about it pretty quick. In a typical scenario, the dealer asks
Sep 6, 2012
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A Six-step Plan to Increase Used Vehicle Profitability

I’ve had chocolate chip cookies on my mind lately. The reason? I can’t eat them the way I used to, thanks to a daily diet and exercise regimen I’ve adopted. I’ve come to (reluctantly) embrace the “new me” because I now understand its rewa
Sep 6, 2012
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Edmunds.com: August Car Incentives Not All That Meets the Eye

SANTA MONICA, Calif. — Automaker incentives remained stable in August but the numbers this month don’t tell the full story, reports Edmunds.com, the premier resource for automotive information. According to Edmunds.com’s True Cost of Incent
Sep 6, 2012
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Luxury Certified Pre-Owned Auto Sales Up in August

Certified pre-owned sales of luxury vehicles were up between 5% to 18% in August: Audi of America, Inc: Audi Certified pre-owned sales set an all-time record of 3,366 vehicles sold, amounting to the best August in Audi history, despite the reduced in
Sep 6, 2012
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eBay Motors Revamps its Certified Pre-Owned Platform, Enhancing its Complementary Sales Channel for OEMs, Dealers

eBay Motors, the largest online marketplace for buying and selling all things automotive, has revamped its Certified Pre-Owned (CPO) platform to provide OEMs and dealers with an even more robust online sales channel to complement their brick-and-mort
Sep 6, 2012
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Experian Automotive: Subprime auto loans in Q2 2012 exceeded prerecession levels

While subprime lending is on the rise, loans are balanced by lower loan-to-value ratios SCHAUMBURG, Ill. — Experian Automotive today announced that loans to customers in the nonprime, subprime and deep-subprime risk tiers accounted for more th
Sep 6, 2012