Auto Retail News

Online startups offer dealers faster, cheaper ways to wholesale vehicles, from Automotive News. Bob Gault, president of three dealerships in Endicott, N.Y., tried the usual ways to liquidate unwanted trade-ins. Wholesalers tended to show up at the wr

4 Ways to Get Rid of Excess Inventory, from Retail Online Integration. Out-of-date inventory is holding many retailers back. This issue can strike at any time of the year and keeps warehouses full of the wrong products. Inventory costs can account fo

Oil Prices Jump on Inventory Data, Demand Outlook, from The Wall Street Journal. Prices rise to highest of the year on signs production may be peaking and global demand is rising U.S. oil prices surged to their highest point of the year on signs that

Volkswagen Credit and Audi Financial Services to Support Automotive Financing Options in Puerto Rico in Agreement With Reliable Auto, from MarketWatch. SAN JUAN, PR, Apr 16, 2015 (Marketwired via COMTEX) — Volkswagen Credit and Audi Financial S

Tips to help manage the spring service rush, from Automotive News. NEW YORK — Mercedes-Benz Financial Services’ U.S. insurance unit is gearing up to train more dealership F&I managers to sell its First Class-branded F&I products, says

Dealership gross profits see bigger impact from F&I, from Automotive News. The average dealership gained more from F&I last year, even though retailers’ overall sales penetration for products such as extended service contracts and GAP dropp

Mobile Strategy: 8 Cool Insurance Apps, from Insurance & Technology. There is vast potential for insurers that build strong mobile strategies to cater to evolving customer demands. As more employees and customers interact via mobile devices, insu

Weak New Car Buys Could Fuel These Auto Dealer Stocks, from Investors.com. American consumers aren’t new-car shopping as much as it looks from first glance at the data. But dealers that focus on used cars, parts and service are poised to thrive

Low rates will continue to help auto sales, financing in 2015, experts say, from Automotive News. NEW YORK — Interest rates should remain low for the rest of 2015, helping auto dealerships sell vehicles, experts say. “Very low interest rates