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vAuto Founder and Best-Selling Author Reveals The New Science of Used Vehicle Management and Merchandising

Dale Pollak, founder of Digital Motor Works and vAuto, is sharing his expertise with automotive dealers and managers on provisioning — the new science of used vehicle management and merchandising. It takes more than intuition to run a successfu
Feb 23, 2012

How to Survive the ‘Ashamed Generation’s’ Assault on Your Dealership

An entire chapter in my book, Up Your Business, addressed the dangers of entitlement within organizations and offered remedies for weeding it out. In If You Don’t Make Waves You’ll Drown, I presented ten strategies to combat the negative impact p
Feb 23, 2012
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Kelley Blue Book: February Auto Sales to Surpass 1,050,000 Units, 13.8 Million SAAR

IRVINE, Calif. — Kelley Blue Book www.kbb.com, the leading provider of new car and used car information, projects new-vehicle sales to surpass 1,050,000 units and reach a 13.8 million Seasonally Adjusted Annualized Rate (SAAR) for February 2012
Feb 23, 2012

Lithia Motors Reports New Vehicle Same Store Sales Increased 29%

MEDFORD, OR — Lithia Motors, Inc. reported the highest fourth quarter net income in company history, and more than doubled earnings for the fourth quarter and full year 2011 over the prior year periods. 2011 fourth quarter adjusted income from
Feb 23, 2012
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Comerica Bank Reports: Auto Affordability Improves in Fourth Quarter 2011

DALLAS — The purchase and financing of an average-priced new vehicle took 23.1 weeks of median family income in the fourth quarter of 2011, the best affordability reading since the third quarter of 2009. Consumers on average spent $1,050 less
Feb 23, 2012
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Report: Small and Fuel-Efficient Cars Make Big Gains as Gas Prices Increase

ATLANTA — As gas prices crept up to a national average of nearly $3.40 per gallon in January, shoppers quickly turned their attention to smaller and more fuel-efficient vehicles, according to the New Car Insights Report, which provides analysis of
Feb 23, 2012

Global ad revenues at Facebook to reach $6.1 billion in 2012

NEW YORK —Facebook passed Yahoo! last year to become the top display advertising seller in the US, but the company’s lead may be short-lived. Google’s display business is growing faster than anticipated—and is set to surpass Facebook’s next
Feb 23, 2012
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General Motors Selects NCM® Associates as its Exclusive 20 Group Program Provider to its Minority Automobile Dealer Network

Overland Park, Kan.:  NCM Associates, a leading provider of automotive 20 Group, Retail Consulting, Education, and operations Benchmark®analysis services to franchised and independent auto dealers, announced today it has again been selected by Gene
Feb 23, 2012

Incentive Spending Down 9% in January

According to the NADA Official Used Car Guide Update for February 2012, overall incentive spending for the month decreased by -9% on a month-over-month basis to reach an industry average of $2,435 per unit. Highlights from February 2012 NADA Guidelin
Feb 22, 2012