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I Like the Odds on Buick and Lincoln in 2014

The last Triple Crown Winner in the automotive industry that I can remember was Lexus. That was in the mid ninety’s when they had new car, pre-owned residuals and service satisfaction, all 3 at the top. That is an extreme rarity. That comes from de
Jul 5, 2013
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Future Pre-owned Supply Could Impact Residuals

According to Auto Remarketing, future pre-owned supply could impact residuals. In the latest ALG Industry Report, residual values didn’t change much from the previous edition. However, the future used-car supply situation could shake things up a bi
Jul 5, 2013
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June’s Top 10 Best Selling Cars

June’s top 10 best selling cars, according to Cars.com. Ford and Nissan led the charge into Independence Day weekend with Ford reporting its best June since 2006 and Nissan logging its strongest month since Thomas Jefferson wore diapers. (OK, i
Jul 5, 2013
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Dealer Under Fire After Charging Soldier Too Much Interest

According to Used Car News, a dealer is under fire after charing a soldier too much interest. A Cullman used-car dealer pleaded guilty for violating federal protections for active-duty military service members by refusing to reduce the interest rate
Jul 5, 2013
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Profit Accounting with your DMS

About 80% of your DMS is devoted to Accounting. I don’t mean the accounting department and the function of producing a monthly financial statement or daily DOC, but rather the process of accounting for the operations of your dealership. Your DM
Jul 5, 2013
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CFPB Guidance Questioned by Industry and Lawmakers

According to Auto Remarketing, CFPB guidance questioned by industry and lawmakers. Ever since the Consumer Financial Protection Bureau released its fair lending guidance to indirect auto lenders on March 21, dealers and lenders have questioned the ba
Jul 5, 2013
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Ford Mustang Outsells Chevrolet Camaro

According to Detroit Free Press, Ford Mustang outsells the Chevrolet Camaro. For the second straight month, Ford’s Mustang has beat the monthly sales tally of its archrival, the Chevrolet Camaro. It was up for the first half of the year as well
Jul 5, 2013
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June Pre-owned Vehicle Sales are Up, Transactions Prices are Down

According to F&I and Showroom, June pre-owned vehicle sales are up and transactions prices are down. CNW Market Research reported today that a late surge in used-car shoppers and buyers in the franchised and private party channels has put the use
Jul 5, 2013
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Chrome Data Solutions Introduces a Video Tool for Dealers

According to Auto Remarketing, Chrome Data Solutions introduces a video tool for dealer. Creating vehicle description pages for online inventory is becoming harder and harder for dealers, as consumers are beginning to expect more detailed and interac
Jul 4, 2013