Auto Retail News

Jasen Rice, vAuto performance manager, is sharing his expertise with automotive dealers and managers on why flat-based used vehicle pricing works. Like it or not, price is a key factor that determines the used vehicles online shoppers will consider f

NEW YORK — Age is the most significant factor in carrier loyalty, according to Deloitte’s “The Voice of the Personal Lines Consumer: Buyers in the driver’s seat,” a survey of auto and homeowner policyholders. Released t

DEARBORN, Mich. – Ford Motor Company announced this week it has successfully completed an amendment and extension of its revolving credit facility.  As a result of the transaction, Ford’s revolving lenders have agreed to extend the maturity of c

NEW YORK — Sirius XM Radio and Asbury Automotive Group, Inc., one of the largest automotive retail and service companies in the U.S., will provide Asbury customers a 3-month SiriusXM subscription when they purchase a pre-owned vehicle with fac

Kelley Blue Book Market Report for March 2012 says values of used fuel-efficient compacts increased a modest 0.4 percent in February; however, values picked up significant momentum during the last weeks of the month.  In just the last week of the mo

DETROIT – Cadillac was recognized this week as a 2012 Customer Service Champion at the J.D. Power and Associates Customer Service Roundtable in Orlando, Fla. The luxury automaker was one of only 50 companies out of 800 studied to earn the distincti

Stu Zalud director of dealers services for NADA Used Car Guide, is sharing with dealers and managers how the Gen Y demand has changed the appraisal process. Who is Generation Y? Why is the Generation Y market segment important? When we speak of Gen Y

Tired of hearing that the consumer’s Zero Moment of Truth (ZMOT) is important to you and your dealership, but not having a winning strategy to follow? Do you struggle with that elusive lead to show metric? David Metter, President of Automotive at H

ATLANTA — Tax time means big refunds for some, and the availability of these extra funds often results in a boost for automotive shopping behavior in March and April. The average tax refund in 2011 was $2,913—enough to put a 10 percent down payme