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Young Dealer Groups Key to Future of Industry

I am pleased to have Bob Glaser, the CEO of the North Carolina Automotive Dealers Association (NCADA), as a guest columnist this month.  Mr. Glaser has been the CEO of NCADA for the past 16 years.  He is a CPA by profession and has written extensiv
May 29, 2012
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Remembering to Forget

As a family business succession planner I am commonly asked: How do I help families find harmony? And then more specifically. How do I convert skeptical, envious, petty, self-serving, back-biters into unified families? How do I help them find agreeme
May 29, 2012
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The Conference Board Consumer Confidence Index® Declines Again

NEW YORK — The Conference Board Consumer Confidence Index®, which had declined slightly in April, fell further in May. The Index now stands at 64.9 (1985=100), down from 68.7 in April. The Expectations Index declined to 77.6 from 80.4, while t
May 29, 2012
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DealerRater Welcomes Automotive Industry Veteran Larry Cochran to Executive Management Team

WALTHAM, Mass. – DealerRater, the world’s premier car dealer review web site, today announced that Larry Cochran has joined its management team as Senior Vice President of Dealer Products and Services.  In this critical new role, Cochran will ha
May 29, 2012
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Dealers United Grows at Staggering Pace: 4,000 Rooftops and Counting

Sarasota, FLA – Dealers United, the first service to truly leverage the buying power of individual dealerships, has proven the value of consolidated negotiation in the industry, surpassing even its own projections with representation from 4,000 aut
May 29, 2012
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Truecar.com: May 2012 New Car Sales Expected to Be Highest May Since 2007

May 2012 SAAR Estimated at 14.5M; Volkswagen Sales Highest Ever; Toyota Sales Highest Since August 2009 SANTA MONICA, Calif. — TrueCar.com, the authority on new car pricing, trends and forecasting, today released its May 2012 sales and incenti
May 26, 2012
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Hyundai Enhances Military Incentive Program in Honor of Memorial Day

COSTA MESA, Calif. – Hyundai Motor America expanded its military incentive program for a limited time today. The program is being enhanced to include all five of the U.S. Military Service branches (Air Force, Army, Coast Guard, Marine Corps and Nav
May 26, 2012
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Voting Now Open to Determine Final Design of First-Ever SEMA Mustang Build Powered by Women

DEARBORN, Mich. – Voting is now open to help select the final concept for the first-ever SEMA Mustang Build Powered by Women. To vote now through June 3, the public is invited to visit: http://www.hotrod.com/all-female-mustang-build-ford-sweepstake
May 25, 2012
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New Vehicle Accessory Spending Dips

Accessories market is expected to bounce back as younger buyers and pickup sales return ROCHESTER, Mich. — Foresight Research has released the results of its syndicated 2012 Automotive Accessory Market Report. Based on a study of 7,851 recent U
May 25, 2012