Dealer OPS & Leadership
Consumer Reports: Buying A Used Car May Be a Better Deal Than Ever
YONKERS, N.Y. -- With every passing year, buying a used car becomes less of a gamble according to a new analysis by Consumer Reports. Even the least reliable car-makers are gaining ground on the perennial reliability leaders, Toyota and Honda; Volvo has made the most...
DealerApp Vantage Executives Share How to Use Mobile Apps to Increase Customer Loyalty, Retention and Profits
Ed Louis, CEO and co-founder of DealerApp Vantage and Garland Webb, president and co-founder of DealerApp Vantage, are sharing their expertise with automotive dealers and managers on how to use mobile apps to increase customer loyalty, retention and profits. You will...
Manheim Completes Purchase of Dealers Services Corporation
ATLANTA – Manheim has completed, on schedule, its planned purchase of Dealer Services Corporation (DSC), which reinforces its commitment to provide inventory financing to independent dealers. DSC is a used vehicle floor plan company for independent dealers based in...
Kelley Blue Book Director Shares 90-Day Forecast for Used Vehicles
Juan Flores, director of vehicle valuation for Kelley Blue Book, is sharing his expertise with automotive dealers and managers on the health of the new and used car market. The tumultuous past few years have had a significant impact on new- and used-car markets, but...
Yelp Manager Explains How To Use Yelp to Manage Online Reputation
Darnell Holloway, Yelp’s manager of local business outreach, is sharing his expertise with automotive dealers and managers on Yelp and the dealership. Word-of-mouth is moving online, and user generated content websites like Yelp.com are becoming increasingly powerful...
Edmunds.com: Low Incentives Spending Suggests Big First Quarter for Automakers
SANTA MONICA, Calif. — February's incentives spending on new car sales increased month-over-month but still came in at the lowest of any February since 2003, according to an analysis of Edmunds.com's True Cost of Incentives® (TCISM). Edmunds.com reports that the...
TrueCar.com: New Car Transaction Prices Rise in February 2012
SANTA MONICA, Calif. -- TrueCar.com, the authority on car pricing, trends and forecasts, estimated today that the average transaction price for light vehicles in the United States was $30,605 in February 2012, up $1,943 (6.8 percent) from February 2011 and up $93 (0.6...
Sonic Automotive Reports Used Vehicle Volume Up 11% for the Quarter
CHARLOTTE, N.C. -- Sonic Automotive, Inc., one of the nation's largest automotive retailers, this week reported 2011 fourth quarter adjusted earnings from continuing operations of $25.4 millionfor a 46% increase over the prior year adjusted results. Adjusted earnings...
February 2012 Auto Sales Announced
According to Edmunds.com Senior Analyst Jessica Caldwell, February 2012 was the highest SAAR the auto industry has seen since February 2008, which Caldwell mentioned was the last leap year. Caldwell said in a sales conference call this week the February 2012 SAAR...
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