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NADA Used Car Guide: Used-Car Prices Hit the Skids in June

NADA Used Car Guide: Toyota Prius to drop $900 in value from May to June McLEAN, Va. – After double-digit percentage gains from January through May 2012, prices on many popular used compact and midsize cars are expected to drop up to 5 percent in J
May 31, 2012
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NADA to Appeal Court Decision on FTC’s Risk-Based Pricing Rule

D.C. District Court upholds FTC interpretation concerning the scope of the Risk-Based Pricing Rule WASHINGTON – The U.S. District Court for the District of Columbia on May 22 granted the Federal Trade Commission’s motion for summary judgment agai
May 31, 2012
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Experian Automotive: Consumer credit scores for auto loans drop to near prerecession levels

SCHAUMBURG, Ill. — Experian Automotive today announced that average credit scores for consumers buying a vehicle have dropped to near prerecession levels. According to its quarterly automotive credit analysis, the average credit score for fina
May 31, 2012

Eight Reasons your Dealership Facebook Page isn’t Working

“Why isn’t our Facebook page taking off?  We need more fans!” This phrase is something I hear on a regular basis from dealers.  Growing a community on Facebook is an elusive task for some dealerships.  We used to advertise and t
May 31, 2012

Mercedes-Benz Financial Services Canada Ranks highest in Dealer Satisfaction in the Retail Leasing and Retail Prime Credit segments

MISSISSAUGA, Ontario — Mercedes-Benz Financial Services Canada captured the highest satisfaction ranking in two of the three major categories of the recently-released J.D. Power and Associates 2012 Canadian Dealer Satisfaction Study (SM). In th
May 31, 2012

Drug-Free Workplace

The Department of Labor estimates drug users contribute to billions of dollars in lost productivity and increased health care costs. According to a study sponsored by the National Institute on Drug Abuse (NIDA), drug-using employees are also more lik
May 31, 2012

Ford, State Farm Collaborate to Offer Auto Insurance Savings Using SYNC In-Car Connectivity System

DEARBORN, Mich. & BLOOMINGTON, Ill. – The nation’s No. 2 automaker and the country’s leading insurer of cars have joined forces to offer lower insurance premiums for drivers. Using Ford SYNC® technology, State Farm Insurance is expanding i
May 30, 2012
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Sprint and Agnik Team on Advanced Data Mining for Enhanced Vehicle Performance Applications

M2M technology and cutting-edge software help people recognize driving patterns and take better care of vehicles to improve efficiency and safety OVERLAND PARK, Kan. — Sprint (NYSE:S) and Agnik will work together to provide companies with advan
May 30, 2012
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Xtime Delivers Telematics Scheduling for Hyundai Blue Link

REDWOOD SHORES, Calif.– Xtime, the leader in cloud-based customer management applications for the automotive service industry, today announced it is the exclusive service scheduling provider for Hyundai Blue Link(R). Blue Link is an innovative
May 30, 2012