Trending Auto Retail News
Spring Market Officially Arrives
Welcome to this week's edition of Black Book Market Insights, with in-depth analysis of used car and truck valuation trends and insights straight from the auction lanes. Click here to download the full report. This week’s Market Insights Report shows how car values...
Valeo Undertakes to Close the Gender Pay Gap In All Its Host Countries
Paris, March 7, 2019 — Valeo is stepping up its commitment to gender equality in the workplace by extending its gender equality index to all of its operations worldwide. The initial results will be reported in June 2019. Based on the calculation method defined by the...
Not an April Fool’s Day Joke – ACV Auctions Triple Year-Over-Year Sales
Sold over $110 million in vehicle inventory in March BUFFALO, N.Y. — ACV Auctions Inc., the leading dealer-to-dealer, online wholesale automotive marketplace, hit an all-time high selling more than 15,500 vehicles online in March, representing nearly 2% of all...
Fast-Growing AutoMap™ Expands to Europe with Inaugural Office in London
Portland, OR.—(April 1, 2019) – AutoMap™, the leading inventory tracking and audit solution provider for dealerships, lenders and auction houses, today announced it has expanded to Europe, opening its first office in the United Kingdom. The AutoMap vehicle tracking...
Witt’s Wise Words: Rethinking Your Vehicle Subscription Service
VP of Sales CDK Global Bill Wittenmyer shares a tip on how dealers should be evaluating a vehicle subscription model at their dealership.
The Sales-to-Service Handoff Can Translate to Serious Revenue & Loyal Customers
Hidden profit opportunities exist throughout most dealerships. Whether those opportunities present themselves through service customers migrating to sales or sales customers that become service customers, all can lead to increased revenue and building relationships...
NEWS: “Local Search Group Announces New Service for Dealers: CustomerRaters.com”
Local Search Group proudly announces an entirely new concept in automotive retail via CustomerRaters.com. “Dealers are typically evaluated by consumers, but we know there’s a better ecosystem when there’s mutual accountability,” said Jim Flint, CEO and Founder of...
Auto/Mate’s Ken Rock to Present “How to SPOT & STOP Policy and Shop Supply Abuse” At Digital Dealer 26
Albany, NY – April 1 , 2018 – Auto/Mate Dealership Systems' Customer Care Manager Ken Rock will present "How to SPOT & STOP Policy and Shop Supply Abuse" at the upcoming Digital Dealer 26 Convention & Expo in Orlando, FL. Rock's session is scheduled for...
Affinitiv Appoints Kevin McShane as Chief Revenue Officer
Marketing tech veteran hired to lead Affinitiv’s growth and expansion Chicago, IL—April 1, 2019— Affinitiv, the retail auto industry's leading marketing technology provider, has appointed Kevin McShane as Chief Revenue Officer (CRO). McShane is a 20-year veteran of...
ADESA Buffalo Honored with Ford Auction Service Award Program Awards
CARMEL, Ind. – Mar. 21, 2019 – ADESA, a business unit of global vehicle remarketing and technology solutions provider KAR Auction Services, Inc. (NYSE: KAR), proudly announces ADESA Buffalo is a two-time Ford Auction Service Award Program (ASAP) 2018 award winner....
NextGear Capital Honors Passing of Auto Financing Pioneer John Fuller
Carmel, Ind., March 29, 2019 – With deep sadness, NextGear Capital announces the passing of John Fuller, company founder and a pioneer in automotive dealer financing. Fuller was a true innovator in the field of floor planning, a segment of the automotive industry that...
Mainstream Sedans and Vans Show a Lift in Values
Welcome to this week's edition of Black Book Market Insights, with in-depth analysis of used car and truck valuation trends and insights straight from the auction lanes. Click here to download the full report. This week’s Market Insights Report illustrates the...
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