I like the analogy a Midwest dealer recently shared as we discussed recent declines in wholesale used vehicle values: “I try to manage my used vehicle inventory like a bobber on a lake. When wholesale values drop, it’s like a wave washes over the

Company’s Sales and F&I, Inventory Management and Electronic Vehicle Registration Solutions Recommended by VADA LAKE SUCCESS, N.Y. — DealerTrack (Nasdaq: TRAK) today announced that the Virginia Automobile Dealers Association (VADA) h

Schaumburg, Ill. – Zurich, a leading property and casualty insurance provider globally and in North America, announced today confirmed plans to transfer its book of Aftermarket business and related brokered business to Arrowhead General Insurance A

Automaker Marks Fourth Year of Donations, Topping $600K SCOTTSDALE, Ariz. — Nissan Americas has donated another $150,000 to the Universal Technical Institute Foundation.  The donation marks the fourth consecutive year that the automaker’

DULUTH, Ga. — Asbury Automotive Group, Inc. (NYSE: ABG), one of the largest automotive retail and service companies in the U.S., today reported income from continuing operations for the second quarter 2012 of $21.6 million, or $0.69 per dilute

Lithia Motors Declares $0.10 per Share Dividend for Second Quarter 2012 MEDFORD, OR — Lithia Motors, Inc. (NYSE: LAD) this week reported 2012 second quarter adjusted income from continuing operations of $19.9 million, or $0.76 per diluted share

It’s no secret that service customer retention in new car dealerships is dismal, actually pathetic. Hang around a new car service reception area and note the age of the vehicles. They are relatively young compared to the average national fleet of s

DETROIT – Chevrolet this week announced that it is entering into a four-year agreement with Liverpool Football Club to become its Official Automotive Partner. U.S.-based brand has four-year sponsorship with Barclays Premier League club Chevy Become

A suite of ExxonMobil automotive lubricant products to be featured at Group 1 dealerships throughout the U.S. FAIRFAX, Va. — ExxonMobil Lubricants and Petroleum Specialties Company, a division of Exxon Mobil Corporation has been selected as the