Trending Auto Retail News
CEO of Mark Walsh International Discusses How to Improve Volume and Gross Overnight
The Internet is a powerful medium that has revolutionized and redefined the way consumers research, select and purchase a motor vehicle. In the digital era, regardless of the size of your store, dealers and managers need to compete with the best in the business – just...
National Sales Training Director for Kelley Blue Book Discusses How To Effectively Engage with Trade-In Customers
The big picture is not about the trade-in vehicle, it’s about the sale. Rob Lange, National Sales Training Director for Kelley Blue Book, will teach you how to transition a shopper utilizing a third-party or dealership website trade-valuation tool into a sale. It’s...
President/Founder and Director of Marketing of AIS Rebates Explain How To Leverage Rebates
Incentives and rebates are one of the top receivables in many dealerships – make sure you are taking full advantage of them AND make sure you are keeping the money the factory provides! Troy Ontko, president and founder of AIS Rebates and Greg Kelly, director of...
vAuto SVP of Performance Management Explains How to Turn Cars into Stars through Online Merchandising
Used vehicles are like children—each one has its own personality and each requires different techniques to reach its full potential. John Griffin, vAuto senior vice president of performance management, shares how dealers and managers can leverage each used vehicle’s...
Why CPOs Are the New Car Of Choice For Many Women Car Buyers
PITTSBURGH, PA. -- The used car business had two of its best years ever in 2011 and 2010, with record sales of 15.6M reported last year. According to NADA, 8.7M were retail sales made at dealerships and 57% of them came from trade-ins or from the ever-increasing...
S&P/Experian Consumer Credit Default Indices: Most Consumer Credit Default Rates Hit New Lows in September
NEW YORK -- Data through September 2012, released today by S&P Dow Jones Indices and Experian for the S&P/Experian Consumer Credit Default Indices, a comprehensive measure of changes in consumer credit defaults, showed that most loan types saw a decrease in...
Redesigned Mid-Size Models Forcing Bigger Price Cuts On Used Cars
According to Ricky Beggs is the VP, Managing Editor at Black Book - National Auto Research, there has been growing hype over the new mid-size cars being introduced for 2013, with particular emphasis on stronger competition from domestic makers. These models are...
VehicleHistory.com Reaches 2.5 Million Vehicle History Reports Sold
Motor vehicle report website VehicleHistory.com has reached over 2.5 million VINs searched by clients on their website. VehicleHistory.com continues to grow and thanks their customers for loyal service and support. Denver, CO -- With over 2.5 million motor vehicle...
Dealer-Financed Car Sales Poised to Eclipse Pre-Recession Levels, Reports Edmunds.com
SANTA MONICA, Calif. -- Dealer financing is back to pre-recession levels after bottoming out in 2009, says Edmunds.com, the premier resource for automotive information. A key driver of this resurgence, according to Edmunds.com, is the revival of the subprime market,...
Hertz Extends Timing Agreement With The FTC Until November 16, 2012
PARK RIDGE, N.J. -- Hertz Global Holdings, Inc. (NYSE: HTZ) this week announced that, in connection with its previously announced cash tender offer to purchase all outstanding shares of common stock of Dollar Thrifty Automotive Group, Inc. (NYSE: DTG) for $87.50 per...
Audi of America adds new Central Region to support dealers, customers as U.S. presence grows
Fourth region, representing 22% of Audi U.S. dealerships, will open up opportunities to meet target of 200,000 new-car sales before 2020 Audi of America is creating a new Central Region, based near Chicago, to provide greater dealer support nationwide, continue...
Toyota Financial Services Wins 2012 AFP Pinnacle Award Grand Prize
MIAMI -- Toyota Financial Services surpassed dozens of competitors to win the Association for Financial Professionals' 2012 Pinnacle Grand Prize, which recognizes excellence in treasury and finance. The 12th annual Pinnacle Grand Prize, sponsored by Wells Fargo &...
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