Auto Retail News

4 Trusty Facebook Ads Strategies to Grow Your Page and Your Sales, from Kruse Control Inc.. By now, you’ve probably heard about Facebook ads. What you may not have heard about is how valuable they’ve become. Facebook has continuously improved the

The majority of customers want to test drive before they purchase. This means the test drive is a pivotal visit, especially as the average number of customer visits to dealers prior to purchasing a vehicle has dropped from five to only one in some ar

A Million Reasons to Behave, from Dealer Business Journal. Some “counts” (“causes of action,” in lawyer-speak) in a lawsuit permit a plaintiff to recover only so-called “actual damages,” or the amount that the plaintiff can demonstrate sh

What Comes First: The Sale or the Financing?, from Dealer Business Journal. There are a lot of mysteries in life. What happened to the lost city of Atlantis? Does Bigfoot really exist? Who shot JFK? For car dealers, unlocking the secret to sales and

CFPB Needs a New ‘Tool,’ Study Finds, from F&I Magazine. Almost a year after making the pledge, the American Financial Services Association (AFSA) delivered this week a study that addressed the Consumer Financial Protection Bureau (CFPB)

3 Features of New NARS Website, from Auto Remarketing. The North American Repossessors Summit (NARS), an industry event hosted by the American Recovery Association (ARA), unveiled its recently redesigned website. The site, which is now live, features

Credit Unions See Growth in Auto Finance, from Used Car News. Continued low auto loan delinquency rates and high demand for both new and used autos are likely reasons why credit union executives surveyed by TransUnion believe auto loans will afford t

Auction Prices Showing Signs of ‘Mid-Fall Market’, from Used Car News. The auction lanes are showing signs of a mid-fall market, which is manifesting through more stable price movement and waning interest in some of the sportier vehicles. Ricky B

CPO Sales Spike, from Used Car News. October was a strong month for certified pre-owned sales. CPO sales came in at 202,409, up 7.5 percent from September and 13.8 percent from October 2013. There were 27 selling days in October, for a daily selling