Trending Auto Retail News
RouteOne Compliance Dashboard Now Available
FARMINGTON HILLS, Mich. -- RouteOne LLC announced today the introduction of the Compliance Dashboard, a free tool that provides dealers a visual assessment of the dealership's compliance status for all applicable deals. Dealers may track compliance at both a...
‘I Learned it All from You”
Looking back over my 30 years in the training business it never ceases to amaze me how our industry changes so rapidly, yet stays the same. Basic fundamentals that have made each one of your dealerships what they are today have survived the years. When Progressive...
Used Vehicle Prices Expected to Increase 3-5% in 2012
According to Kelly Blue Book’s recent issue of the Blue Book Market Report for February 2012 on the Q1 and Q2 Outlook for used vehicles, Kelley Blue Book expects supply to remain a significant challenge for dealers in 2012, and as a result, they are projecting values...
Asbury Automotive Group Reports Finance and Insurance Revenues Up 24%
DULUTH, Ga. -- Asbury Automotive Group, Inc., one of the largest automotive retail and service companies in the U.S., today reported adjusted income from continuing operations for the fourth quarter 2011 of $17.0 million, or $0.54 per diluted share, versus adjusted...
Penske Automotive Reports Used Unit Retail Sales Up 20%
BLOOMFIELD HILLS, Mich. -- Penske Automotive Group, Inc. announced this week that fourth quarter 2011 income from continuing operations attributable to common shareholders increased 22% to $42.5 million and related earnings per share increased 24% to $0.47 per share....
AutoTrader.com Takes an Equity Stake in ControlBox.com to Advance Online Privacy and Security Products
ATLANTA and LAKE ORION, Mich. -- AutoTrader.com, the ultimate automotive marketplace, is taking an equity stake in ControlBox.com LLC in support of the launch of the Privacy Shield™ product, which helps private sellers keep their personal contact information private,...
Consumer Tips for Buying an Extended Vehicle Warranty for a New or Used Vehicle
TALLAHASSEE, Fla. -- The Service Contract Industry Council (SCIC) works directly with state legislators nationwide to regulate the licensing of motor vehicle service contract providers, mandate significant consumer protections and to implement stringent financial...
TrueCar.com Lists Best Car Deals in February, 2012
SANTA MONICA, Calif. -- TrueCar, Inc. which is devoted to bringing innovation to the car buying process, has found the best new car deals on vehicles including cash, finance and lease deals available nationwide, and is forecasting that Saturday, February 25 will be...
U.S. Consumer Debt Highest in 10 Years
FT. LAUDERDALE, Fla. -- Consumers weren't shy about spending this holiday season, as the latest consumer credit report reveals a nearly 10 percent increase in overall consumer debt. According to the Federal Reserve, consumer borrowing surged in November by $20.4...
Auto Industry Veteran Shows How To Use Video to Increase Service and Sales Retention
Terry McSpadden from EasyCare, is sharing his expertise with automotive dealers and managers on how to use video to significantly increase service and sales retention. A soft spot has been identified in the automotive industry – hot instant video messaging. In keeping...
General Manager of Dominion Dealer Solutions Explains How To Unlock Potential Used Inventory Treasures from the CRM
Glen Garvin, group general manager, Dominion Dealer Solutions, is sharing his expertise with automotive dealers and managers on how to unlock potential used inventory treasures from the CRM. Tight vehicle supply is one of the biggest challenges facing car dealers in...
Credit Trend Study Highlights Generational Gap on Debt
COSTA MESA, Calif. -- The latest credit trends study from Experian shows that baby boomers are strong and steady in their pursuit of the American dream, while the Gen Y'ers are starting to make their way by building credit with their student loan and auto loan...
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