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Auto Retail News

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New Car Sales Are Up 48% and Service Jumps 45% at Wiesner of Conroe

As consumer shopping habits change, so too must a dealer’s marketing best practices. The value of traditional mass marketing platforms like TV, print and radio, continue to weaken when compared to targeted and digital mediums like targeted direct e
Aug 28, 2012
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Twin Cities Automotive to acquire LeJeune Investment’s Twin Cities auto dealerships

MINNEAPOLIS — Twin Cities Automotive (TCA), part of the Pohlad Companies, announced that it had signed a purchase agreement with LeJeune Investment, Inc., to acquire its auto dealerships. Included are Carousel Audi and Porsche in Golden Valley, Min
Aug 28, 2012
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Vets Group: Newly adopted 54.5-mpg standard is a national security imperative

Cutting dependence on oil will make U.S. stronger, more secure. Washington, DC – In response to the new national gas mileage standard of 54.5-mpg by 2025, which was adopted today, Operation Free spokesperson Benjamin Lowe released the following sta
Aug 28, 2012
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Isaac Could Spell Trouble for Gas Prices, Car Sales

According to Alec Gutierrez, senior market analyst of automotive insights for Kelley Blue Book, as tropical storm Isaac continues to barrel toward the Gulf Coast, we should brace for potentially higher gas prices and a decrease in new-vehicle sales.�
Aug 28, 2012
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Manheim Strikes Up a Conversation Through Social Media

Company Seeks Dealer Opinions on its Products, Services and Industry ATLANTA – Manheim recently launched its Facebook page, located at www.facebook.com/Manheim, to gather feedback and respond to customers in preferred channels at a time when automo
Aug 28, 2012
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The Auto Industry Is Changing: Consumers Now Will Name Their Price to Buy a Vehicle

NASHVILLE, TN — SMA Alliance, Inc. (PINKSHEETS: SMAA) is releasing a sneak preview of the company’s highly anticipated technology that will give consumers the upper hand in price negotiations when purchasing a vehicle without legally bind
Aug 28, 2012
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Get to the Point!

Ever have a salesperson get you on the phone when you’re busy, only to infuriate you to a frazzle with “Isn’t it a beautiful day, Mr. Boldebook? I don’t want to take up a lot of your time, but I’m sure you would be interested in hearing abo
Aug 28, 2012
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Strategically Exiting your Business

In the late 1990s major consolidation started in our industry. The consolidators were either public or going public. Wall Street wanted them to get big, fast. These companies did not just buy single stores; they bought whole groups and spent many mil
Aug 28, 2012
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HookLogic and PureCars Introduce PureCars TradeHook, an Incentivized Online Trade-In Appraisal Tool for Automotive Dealerships and their Customers

Alliance Enables Dealers To Generate Additional Trade-In Acquisitions Using Gift Card Incentives New York, NY – HookLogic and PureCars today announced the launch of a new product offering, PureCars TradeHook, designed to generate increased online c
Aug 28, 2012