Trending Auto Retail News
State Passes Used Car Law
According to The New York Times, California has recently passed a used car law to help protect consumers. The law, the story said, requires dealers to check used cars on their lot for potential government issued problems. If the dealers find anything wrong with the...
Come Back!
Congratulations! You’ve closed the deal, done the paperwork, taken the trade in, handed her the keys and introduced her to the service manager. (You did take her to the service department, didn’t you?) Now you can relax a bit and wait for the next prospect to arrive,...
Does your Organization Need RISP?
The economy over the past few years have presented some pretty significant challenges to the sales and profitability side of the dealership business. Most dealerships responded to the 2008-2009 recession with an array of effective headcount reductions, new sales and...
myAutoloan.com® Launches Interest Rate Widget to Answer the Most Asked FAQ
Irving, Texas -- myAutoloan.com, an online direct-to-customer auto finance company, launched their newest consumer tool last week called an Interest Rate Estimator. "We took a look at our most frequently asked questions and customers were asking: When I apply, what...
Manheim Announces Changes to Dealer Sales Structure
ATLANTA – To meet its customers’ changing business needs and to offer all customers a more consistent sales experience, Manheim will align its major dealer and dealer sales functions within a single unit. Susie Heins, former vice president of major dealer for Manheim,...
Edmunds.com September Auto Sales Forecast: Industry Achieves Highest Monthly SAAR Since April
SANTA MONICA, Calif. — An estimated 1,038,052 new cars will be sold in September for a projected Seasonally Adjusted Annual Rate (SAAR) of 12.9 million light vehicles, forecasts Edmunds.com, the premier online resource for automotive information. The sales pace marks...
Used Cars Sales Estimated to be Up 4.5% from 2010
SANTA MONICA, Calif. -- TrueCar.com, the authority on new car pricing, trends and forecasting, today released its September 2011 sales and incentives forecast. The forecast shows the following: For September 2011, new light vehicle sales in the U.S. (including fleet)...
VW Credit, Inc. Names New President and CEO…
HERNDON, Va. -- Andrew Stuart has been appointed President and CEO of VW Credit, Inc., effective January 2012. He will report to Frank Witter who is Chairman of the Board of Directors for VW Credit, Inc. Stuart will succeed Kevin Kelly, 65, the current President and...
BMW Financial Services Targets College Graduates and Young Professionals
Woodcliff Lake, NJ – BMW Group Financial Services has opened the door for college graduates and young professionals to increase their purchase power through the company’s College Graduation Program. The Program encompasses both leases and loans and applies to new and...
Report: Facebook Refers 6% of New-Vehicle Buyers to Automaker Websites
WESTLAKE VILLAGE, Calif. -- Social networking site Facebook refers nearly as much new-vehicle buyer traffic to automaker websites as do major independent automotive content providers (for example, Autotrader.com, Cars.com and Edmunds.com), according to the 2011...
Inspection Finds 30% of Off-Lease Vehicles with Rolled Back Odometers
LONG BEACH, Calif. – AiM Mobile Inspections, evaluators of new and used vehicles, has identified a growing trend among off-lease vehicles in the Northeast: tampered digital odometers. AiM which reviews up to 9,000 off-lease vehicles each month in the region, has seen...
2011 Auto Dealer Internet Marketing Survey Results
Fort Lauderdale, FL – AutoUSA Internet Sales Solutions recently announced the results of its 2011 auto dealer Internet marketing survey. The survey results reveal the economy is having a significant influence on customers’ abilities to buy cars, and that staffing...
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