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Dealer/GM NewsFinance & Insurance NewsInventory ManagementPre-Owned Sales & Marketing StrategiesSales & Marketing
Bad Credit Targets Bad Audience for Used Car Sales
Earl Stewart of Earl Stewart Toyota provides some much needed commentary on a long-time poor sales tactic of pre-owned and new sales. Stewart suggests that advertising loans for poor credit buyers is bad press for a dealership, as well as unethical.
Mar 29, 2013
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Dealer/GM NewsDigital DealerFinance & Insurance NewsInventory ManagementPre-Owned Sales & Marketing StrategiesSales & MarketingSales Management
TrueCar Tips for New and Pre-owned
Global Post reports on TrueCar’s transactional business model. New and Pre-owned car sales departments can benefit from developing “hassle-free” auto deals by pricing online before customers enter the dealership. This can minimize t
Mar 29, 2013
Industry Sales Revival, Predictions for the US Market
J.D. Power and Associates reflects on the overall state of the U.S. Auto Market, touching on gas prices, positive indicators, and annual rises in sales since 2010. Comments from top forecasters such as Finbarr O’Neill, president of J.D. Power,
Mar 29, 2013
America’s Car-Mart Opens 122nd and 123rd Dealerships
Bentonville, Arkansas – America’s Car-Mart, Inc. (CRMT) today announced the opening of its 122nd and 123rd dealerships. The dealerships are located in Florence, Alabama and Kirksville, Missouri. Florence is the 12th dealership in Alabama
Mar 29, 2013
Automaker Tax Margins & Dealership Cash Flow
According to the Motley Fool, the stead climb in value for auto manufacturers can mean big returns for car dealerships and investors alike. A quick evaluation of Group 1 Automotive’s and Sonic Automotive’s business habits over the recessi
Mar 29, 2013
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Finance & Insurance News
Financial Insiders’ View on Carmax
Forbes evaluates the value of Carmax on the S&P 500 and runs some numbers on business success and performance. Check out the financial statistics on Carmax and metrics for its high return days in the following: Read the full article on Forbes>>
Mar 29, 2013
F&I Maze: the Ultimate Checklist for Compliance, Audits and Papertrail Changes
F&I Magazine offers a thorough look at audits, compliance changes and best ways to meet rules and regulations. NADA links, OSHA standards and operational procedures are provided to give you the upper hand when auditing your dealership, both fina
Mar 29, 2013
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Finance & Insurance News
TransUnion: Auto Growth Focus for Credit Unions in 2013
CHICAGO, IL – Approximately two in three credit union executives see loan growth as the critical business issue facing their industry in 2013, according to a new survey from TransUnion. Auto loans may be the main focus of that growth. The surve
Mar 28, 2013
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Finance & Insurance News
Fitch: February Performance Springs Into Step for U.S. Auto ABS
New York – Asset performance came in stronger for U.S. prime auto ABS while subprime auto loans reversed a seven-month trend of rising losses, according to the latest index results from Fitch Ratings. Prime and subprime 60+ day delinquencies ca
Mar 28, 2013