Dealer OPS & Leadership
Toyota Responds to CNN Story
In the face of overwhelming scientific evidence to the contrary, CNN has irresponsibly aired a grossly inaccurate segment on Anderson Cooper 360 that attempts to resurrect the discredited, scientifically unproven allegation that there is a hidden defect in Toyota’s...
Autobytel Reports 24% Year-over-Year Revenue Growth, Achieves Profitability for 2011 Fourth Quarter and Full Year
IRVINE, Calif.-- Autobytel Inc., a leading provider of online consumer purchase requests and marketing resources for the automotiveindustry, today reported increased revenues and the achievement of profitability for the fourth quarter and full year ended December 31,...
Ford Focus Electric Becomes America’s Most Fuel-Efficient Five-Passenger Vehicle with 110 MPGe EPA Rating
DEARBORN, Mich. – Ford’s all-new Focus Electric is now officially America’s most fuel-efficient five-passenger car with a certified 110 miles per gallon equivalent (MPGe) city rating and 99 MPGe on the highway. U.S. Environmental Protection Agency certifies the 2012...
J.D. Byrider opens Richmond location
RICHMOND, Va. – Richmond-area residents have another option for purchasing used cars now that a new J.D. Byrider location opened March 1 at 7400 Midlothian Turnpike in Richmond. The 10,000 square-foot location offers used car sales, financing, a service department and...
The Return of Domestic Blue Sky
For many years, domestic franchises were a challenge to sell. Buyers were unwilling to pay up for blue sky and were rightly concerned about declining market share and potential OEM bankruptcies. As a result, the prices offered for these franchises were very low,...
Dispelling the Myth of the ‘Perfect Used Car’
For the past few months, I’ve been monitoring dealer used vehicle inventories through vAuto’s new Provision inventory management engine, which assigns letter grades to prospective vehicles a dealer might acquire. An eye-opening finding: It’s very rare for the “perfect...
DealerTrack Brings Local Teams Together with New Office Space in Dallas
Lake Success, N.Y. ─ DealerTrack, a leading provider of technology solutions and services to the automotive retail industry, today announced the company will be leasing approximately 59,152 square feet of new office space at Dallas’ prestigious Galleria 1 building....
Luxury Pre-Owned Sales Up in February
For the month of February, certified pre-owned sales for BMW, Audi, Mercedes-Benz and Porsche were all up. BMW: In February, sales of BMW used vehicles (including certified pre-owned and pre-owned) increased 4.6 % to 13,375 vehicles from the 12,791 vehicles sold in...
TransUnion: National Auto Loan Delinquencies Continue Lower to Close 2011
CHICAGO, IL -- The national auto delinquency rate (the rate of borrowers 60 or more days past due) decreased on a year-over-year basis for the ninth consecutive quarter, dropping from 0.59% in Q4 2010 to 0.46% Q4 2011. On a quarter-over-quarter basis, auto...
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