Auto Retail News
BMW Financial Services Partners with AutoNation — Offers Customers True Mobility Interaction Creating Ease and Efficiency within Financing Process
Woodcliff Lake, NJ – Through the use of the iPad in the dealer showroom, BMW Group Financial Services is taking valuable financial aspects of the buying experience to a new level, in an effort to create a more seamless interactive experience betw
Sep 2, 2011
BMW CPO Sales Down for August
In August, sales of BMW used vehicles (including certified pre-owned and pre-owned) totaled 13,335, a decrease of 6.5% from the 14,266 sold in August 2010. Year-to-date, BMW used vehicle sales are down 6% on volume of 106,295 compared to 113,061 in t
Sep 2, 2011
President and CEO of Dealer Marketing Services, Inc. Discusses A Compliance Process to Increase Sales and Profits while Avoiding Huge Fines
How can you synergize the sales and compliance processes into a single, consistent and effective system of checks and balances? How can you use your current CRM to review and monitor your sales and compliance processes? If you are able to identify
Sep 2, 2011
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AutoTrader.com Educator Reveals How Today’s Car Shoppers’ Behaviors Influence Their Purchase Decisions
As a result of two brand new research studies from Polk and KS&R, we now know for the first time ever how much time car buyers spend on the car shopping process, how much time they spend online versus offline, and which sites they spend their tim
Sep 2, 2011
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U.S. Dealerships Have Most Crowded Vehicle Lots of the Year
SAN FRANCISCO — Chug, the search engine for cars, today released its list of the top 50 vehicles crowding US dealer lots over the upcoming Labor Day weekend – meaning some potentially great deals for holiday weekend car buyers. According
Sep 2, 2011
Toyota Financial Services Announces Winners of its On-Line College Grad Essay Contest: “What Would You Do With an Extra $1,000?”
TORRANCE, Calif. — Responses were as straightforward as trying to pay down student loans, to as adventurous as setting off on a road trip to explore America’s great national parks. When Toyota Financial Services (TFS) launched its on-li
Sep 2, 2011
Online Poll: Majority of Americans Do Not Have Money Available To Meet Unplanned Expense
Washington, DC – The National Foundation for Credit Counseling’s (NFCC) July online poll revealed that 64 percent of Americans would utilize a source other than their savings account to satisfy a $1,000 unplanned expense. The largest numb
Sep 2, 2011
Interview with Vinnie Micciche, E-commerce Director, CDC, Group 1 Automotive, Inc. Eastern Region
Vinnie Micciche, e-commerce director for Group 1 Automotive’s Eastern Region’s Customer Development Center (CDC), takes a “no cookie cutter” approach to directing Internet sales and marketing for 42 dealerships in 11 states. Vinnie believes i
Sep 1, 2011
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Interview with Rob Marshall, Dry Ridge Toyota
Dry Ridge Toyota is a Kentucky dealership retailing nearly three-quarters of a million dollars a year in accessories sales. Dealer Principal Rob Marshall credits the store’s exceptionally successful accessories program to two key factors: technolog
Sep 1, 2011