Trending Auto Retail News
Senior Manager of Dealer Training at eBay Motors Reveals The Four Main Forces Driving Today’s Commerce: Mobile, Local, Social and Digital
The way buyers shop changes almost daily as mobile adoption and technology make incredible strides. Think about what has happened in the past 24 months and now think where we will be in 2014. Clayton Stanfield, senior manager of dealer training at eBay Motors, will...
Revamped Ford Certified Pre-Owned Vehicle Program Yields 29% Growth; Improves Residuals, Dealer Profits
DEARBORN, Mich. – Ford Motor Company is on track to realize a 29 percent growth in Certified Pre-Owned (CPO) vehicle sales this year versus 2011. Ford Motor Company is on pace to realize a 29 percent growth in Certified Pre-Owned (CPO) vehicle sales this year versus...
NADAguides Names the BMW 328i Sedan Featured Vehicle of the Month for August
COSTA MESA, Calif., -- NADAguides.com, the leading online provider of vehicle pricing and information, announces the BMW 328i sedan as the Featured Vehicle of the Month for August. The BMW 3-series has remained the consistent U.S. sales leader in its class for the...
KBB.com: Lease Returns Remain Light
According to Kbb.com’s Blue Book Marketing Report for August 2012, luxury vehicles have suffered at auction as consumers have been less willing to pay premium prices for a used vehicle as values drop 7 to 10% from one year ago, surpassing the average industry decline...
Group 1 Automotive Declares A Quarterly Cash Dividend
HOUSTON -- Group 1 Automotive, Inc. announced that its board of directors declared a cash dividend of $0.15 per share for the second quarter of 2012. The dividend will be payable on Sept. 18, 2012, to stockholders of record on Sept. 4, 2012. About Group 1 Automotive,...
SRT Unveils New 2013 Viper GTS Launch Edition Model
Monterey, Calif. - The Chrysler Group’s Street and Racing Technology (SRT) brand will mark their first official appearance at the renowned automotive events in Monterey, Calif., this weekend with the unveiling of the new, limited-edition 2013 SRT Viper GTS Launch...
AutoTraker Adds Carfax QuickVIN To POS Software
HUNTINGTON, N.Y. -- AutoTraker Inc., one of the leading software and technology providers for the tire and automotive aftermarket, has added Carfax® QuickVIN™ to its AutoTraker PLUS and AutoTraker EZ software. Users can now retrieve the year/make/model and vehicle...
GM Financial Prices Private Offering of $1.0 Billion Senior Notes Due in 2017
FORT WORTH, TEXAS – General Motors Financial Company, Inc. (“GM Financial” or the Company”) announced this week that it has priced its private offering of $1.0 billion of .75% Senior Notes due 2017 (the “Notes”). The Notes will be offered only to qualified...
Report: U.S. Auto Dealership Network Stable, On Track to Achieve Record Sales Per Store in 2012
Urban Science Franchise Activity Report shows healthier, more profitable dealer network returning to pre-recession form DETROIT - Urban Science released 2012 midyear statistics and insights from its automotive Franchise Activity Report (FAR), which shows that the...
FTC Continues Dealer Enforcement Actions with Safeguards and Privacy Consent Decree Against Georgia Dealer
We’ve been saying for some time that data security and privacy are at the top of the FTC’s priority list. On June 14, 2012, the FTC entered its first consent decree with an auto dealer for violating the Gramm-Leach-Bliley Act, the FTC Privacy and Safeguards Rules,...
What does Sales Manager Mean?
Businesses that have a product line for sale have sales managers to manage their sales personnel. Motivated sales personnel who are persistent and have the “the right stuff” sooner or later somewhere will earn the title of sales manager. In my opinion an automotive...
Liquid Motors Expands Richardson, Texas Headquarters
Dallas, TX - Liquid Motors Inc., a provider of comprehensive inventory management and marketing solutions for the automobile industry, today announced that it has doubled the size of the office space for the corporate headquarters to support the growth of the...
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