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Edmunds.com: Automotive Incentives Tick Up in May After Hitting Seven-Year Low

SANTA MONICA, Calif. — Auto manufacturers upped incentives in May, just one month after spending hit its lowest level in almost seven years, reports Edmunds.com, the premier online resource for automotive information. According to Edmunds.com’s T
May 31, 2012
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Four Ways to Keep More Trades and Maximize Profitability

Many dealers correctly recognize the need to keep more trade-ins to feed their used vehicle inventories. This trend raises an age-old tension at many dealerships: the new vehicle department typically wants to set the highest trade-in value possible t
May 31, 2012
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DealerTrack Launches FinanceDriver to Help Enable and Enhance the Online Financing Process for Automotive Retailers

New Financing Solution Delivers Digital Retailing Workflow for Today’s Progressive Automotive Dealers, Portals and OEMs Lake Success, N.Y. ─ To help automotive retailers generate more quality finance leads and streamline online vehicle purchasing
May 31, 2012
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Easily Fix Heater Core Leaks with Bar’s Leaks® Liquid Aluminum™

Holly, Mich. — Heater core leaks are becoming more common and increasingly expensive to repair. Bar’s Leaks® Liquid Aluminum™ Radiator & Heater Core Stop Leak can save your customers money by chemically repairing many heater core leaks, wi
May 31, 2012
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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
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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
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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