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Polk: U.S. Consumers Hold on to New Vehicles Nearly Six Years, an All-Time High

SOUTHFIELD, Mich.  – Based on an analysis of U.S. vehicle registrations by Polk, a leading global market intelligence firm, the average length of ownership of vehicles that were purchased new has risen to a record 71.4 months, or nearly six years
Feb 21, 2012
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Well-Respected Dealership Trainer Shares How to Get More than Your Fair Share of Sales

Joe Verde, founder of Joe Verde Sales & Management Training, is sharing his expertise with automotive dealers and managers on how to get more than their fair share of sales. Buyers are out again and they’re confident again. Inventories are up a
Feb 21, 2012
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America’s Car-Mart Reports Revenue Increased 13.8%

BENTONVILLE, Ark. — America’s Car-Mart, Inc. announced its operating results for its third fiscal quarter ended January 31, 2012. Highlights of third quarter operating results: Net income of $7.3 million ($.73 per diluted share) vs. $5.7
Feb 21, 2012
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TrueCar.com Performance Scorecards: Hyundai Gets Top Marks in January 2012

SANTA MONICA, Calif. — TrueCar.com, the authority in new car pricing, trends and forecasting released its Performance Scorecards for automotive manufacturers and brands. The Performance Scorecards grade each manufacturer and brand on eight d
Feb 21, 2012
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Vice President at IMN Explains How to Mind the Database to Influence Loyalty

Bobby Gaudreau, vice president of automotive services at IMN, is sharing his expertise with automotive dealers and managers on how to mind their database to centralize customer intelligence to influence loyalty. The days of executing e-mail blasts wi
Feb 21, 2012

Effective Spend Management Strategy for 2012

What is spend management? Spend management is a strategy that innovative companies employ to control and optimize the money they spend. Spend management includes a number of familiar disciplines that are designed to reduce costs, improve efficiencies
Feb 20, 2012
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Ove.com Helps Independent Partners Drive Double-Digit Growth in 2011

ATLANTA – In 2011, independent auction partners turned to OVE.com – the industry’s leading 24/7 Bid or Buy Now wholesale vehicle marketplace – to grow their total sales nearly 25 percent, with dealer sales alone rising nearly 110 percent.
Feb 20, 2012
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AiM to Provide Vehicle Inspection Expertise, Information to Auto Financial Group and its Customers

LONG BEACH, Calif. — Alliance Inspection Management (AiM) the nation’s leading provider of vehicle inspection services, has reached an agreement with Auto Financial Group (AFG) of Houston, Texas, to provide end-of-term and used vehicle condit
Feb 20, 2012
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Nissan, Subaru and Honda Issue Air Bag Recall

According to the National Highway Traffic Safety Highway Nissan North America, Subaru of America and American Honda Motor Co. are recalling 2012 model year vehicles to fix problems with the side curtain air bags. NHTSA’s website said the air bags m
Feb 20, 2012