Trending Auto Retail News
ActivEngage Flip2txt Leads the Way in Innovation at NADA Show 2024
Automotive messaging and consumer engagement leader ActivEngage, Inc. is thrilled to introduce Flip2txt, a game-changing solution designed to transform the way car dealerships receive and manage calls. Flip2txt offers comprehensive call management services with a...
Dealer Magazine: Stay Ready So You Don’t Have to Get Ready!
Most dealership service drives are a massive beehive of activity—a constant, never-ending churning of machines and humanity. It’s not necessarily a bad thing, it’s just the world automotive professionals live in. So, if you’re not ready, you’ll be playing catch up all...
CarGurus Partners with Chase to Expand Consumer Financing Options
CarGurus (Nasdaq: CARG), the No. 1 visited digital auto platform for shopping, buying, and selling new and used vehicles, announced the addition of Chase to its multi-lender financing platform, expanding options for consumers looking to pre-qualify for auto financing...
ICOM AI Launches Integration with Xtime Service Schedule for Dealers, Creating More Frequent Customer Touchpoints and Increasing RO
ICOM AI, the leading AI solution provider in automotive, launched their integration with Xtime Service Schedule, bringing unparalleled customer communication and support to dealership customers. Xtime-powered dealers can now harness the capabilities of ICOM AI SMS...
John Devlin of Pennsylvania Elected Chairman of the Automotive Trade Association Executives
Pennsylvania Automotive Association (PAA) President John Devlin was elected the 2024 chairman of the Automotive Trade Association Executives (ATAE) at the ATAE annual winter meeting in Las Vegas. Devlin has served in his role as president of PAA since January 2011 and...
Document Management Solutions Keep Your Dealership FTC Compliant
Safeguards Rule as compliance officers and auditors tasked with this very job are being sent across the country right now. For dealers, staying in compliance can be an overwhelming and costly endeavor, requiring a complex suite of information technology solutions. But...
Can Co-Op Ad Spend Help Soften the Rising Price of New Vehicles?
The average transaction price for a new vehicle in January is $48,759, a more than $10,000 spike from just five years ago, according to Cox Automotive. Surprisingly, luxury vehicle prices have dropped 7.4% compared with a year ago, an anomaly driven by Tesla, which...
Rapid Recon and Velocity Automotive Close the Trade Appraisal Gap
Rapid Recon and Velocity Automotive, driven by Vehlo, will announce an integrated system for closing the trade appraisal gap at the National Automobile Dealers Association convention on February 1. This powerful appraisal-assist system delivers deep internal vehicle...
Auto Brand Retention Grew in 2023: Reynolds and Reynolds
Brand retention at auto dealers nationwide was up in 2023 to 43.7%, according to an annual report released by Reynolds and Reynolds. The 2024 Automotive Brand Retention and Defection Report is derived from finalized deals for new and used vehicles that were purchased...
January U.S Sales Expected to Show Gains as Cox Predicts a Return to Normal in 2024
Car sales for for the first month of 2024 are expected show gains compared to a year earlier when sales figures are announced, according to officials at Cox Automotive. The January sales data falls in line with Cox’s 2024 prediction of a year returning to normal for...
CDK Delivers Innovation Across the Dealership Xperience Platform at NADA Show 2024
There’s no shortage of news in the automotive industry about vehicle affordability, high interest rates, confusion about electric vehicles, and a lack of used car inventory. But there is one headline that rises to the top: consumers are struggling with the automotive...
Reynolds/CARFAX Collaboration is a Big Win for Dealerships and Consumers
The Reynolds and Reynolds Company and CARFAX are announcing a collaboration simplifying automobile dealerships’ integration with CARFAX, while enhancing consumer confidence. Through the Reynolds Certified Interface program, dealerships that opt into CARFAX Car Care...
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