Auto Retail News

Auto/Mate Dealership Systems (www.automate.com) announced today that it has become the first dealership management system (DMS) vendor to successfully install a new Infinitinet system, which replaces the legacy Infinitinet AS400 DMS and provides inte

Here’s why Warren Buffett is buying car dealerships, according to Business Insider. Warren Buffett announced Thursday on CNBC that Berkshire Hathaway is buying Van Tuyl Group, the fifth-largest car dealership company in the U.S. The dealership

It’s fair to say that the advent of new technologies and the rise of pricing transparency have forever changed the used vehicle business. Today, the most successful used vehicle dealers rely on technology/tools to determine the vehicles they should

There’s been a lot of buzz lately in regard to how to sell vehicles to Millennials. Yes, they are a different generation that grew up in a much different world than many of the more “experienced” sales guys on lots today. And yes, they’re arm

Why you should start taking Millennials seriously, according to NPR.  In the U.S., people born between 1980 and 2000 now outnumber baby boomers, and their numbers are still growing because of immigration. This generation is already shaping American

You want to close the deal and customers know this. Contrary to fact, they think there are thousands of dollars between the MSRP and the dealer price so they are looking for all of the discounts and perk they can get. The reality is you are only maki

General Manager Kevin Szura has been in the automotive management profession for more than twenty-five years. His dealership, Henderson Hyundai, was averaging a solid net profit each month of approximately $150- $200 thousand as a result of strong le

Bill Carmichael is Founding Partner, President, and CEO of Summit Automotive Partners, headquartered in Denver. Together with George Gillett, they have built Summit into one of the top 50 dealer groups in the country with 19 unique brands and 22 deal

Equifax Inc. (NYSE:EFX), a global information solutions company, announced that its auto lending customers will now have the added benefit of direct access to Black Book® vehicle value data and loan-to-value (LTV) model data. By incorporating Black