Trending Auto Retail News
ADESA and EMKAY Six-Year Fundraising Partnership Raises More Than $260,000 for JDRF
CARMEL, Ind. – February 13, 2018 – ADESA, a business unit of global automotive remarketer, KAR Auction Services, Inc. (NYSE: KAR), announces its ADESA auctions and EMKAY, a privately owned fleet management company, together raised $267,000 over a six-year fundraising...
Car Segments Performing Well
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 Black Book Market Insights report shows the...
AUTOGRAVITY NAMES MEESH PIERCE AS VICE PRESIDENT OF PRODUCT MANAGEMENT
IRVINE, Calif., Feb. 8, 2018 — AutoGravity, a FinTech pioneer on a mission to transform car financing by harnessing the power of the smartphone, today announced the appointment of Meesh Pierce as Vice President of Product Management. “Meesh is a seasoned leader with...
Cognosos Deploys RadioTrax Inventory-Management Solution at Four Metro Atlanta Hennessy Auto Dealerships
ATLANTA (FEBRUARY 8, 2018) — Cognosos, a supplier of enterprise IoT services, has completed the deployment of its RadioTrax™ vehicle inventory-management platform at four Atlanta-based Hennessy Automobile dealerships. Personnel at RadioTrax-equipped Hennessy stores...
BLACK BOOK JANUARY DEPRECIATION REPORT SHOWS VEHICLE RETENTION STRENGTHENING TO SIGNAL AN EARLY START TO THE SPRING SELLING SEASON
LAWRENCEVILLE, Ga. (February 13, 2018) – According to Black Book® data, the average price of a used vehicle for model years 2012-2016 depreciated in value by -2.6% during January, slightly lower than the -2.9% shown the previous month. Cars overall dropped -3.0% and...
The Future of Service: A World Without Paper
If you haven’t noticed, a revolution is happening in our society. More and more businesses are going paperless. Airlines issue boarding passes via, email, text message or through a mobile app. Sporting and entertainment tickets are increasingly delivered via email or...
Winning Customer Loyalty through Convenience
Customer loyalty is increasingly difficult to earn. Consumers simply aren’t as loyal to a specific store as they were in the past. Years ago, perhaps you’d visit that local hardware store owned by Bill and Martha. Each time you visited they welcomed you by name and...
Think Tank Tuesday: How to Make Great Facebook Live Videos
If the idea of utilizing Facebook Live makes you uncomfortable, trust me- you're not alone. But it's time to get comfortable being uncomfortable. Facebook Live offers an amazing opportunity to connect with your followers while creating a one-on-one conversation, but...
Hard Facts: How & When to Say NO in Business
You would think uttering a single word wouldn't be difficult, but saying “no” can sometimes feel impossible, especially in terms of business. We equate it with being closed off to opportunity, not being able to juggle all we feel we should; with failing. But, that...
LEASE CREDIT APPROVAL RATES DIP TO BEGIN 2018
Higher-Than-Average Number of Lease Shoppers Continued To Search for Luxury Leases Into January and Past the Holiday Promotions CINCINNATI, OHIO (February 12, 2018) – Swapalease.com, the nation’s largest car lease marketplace, reports car lease credit applicants...
What the Hospitality Industry Can Teach Us About Dealerships of the Future
Life used to be simple. People would stay in a hotel when they needed somewhere to rest their weary head while traveling. As long as a room had a comfortable bed, working air conditioning, and a television, it was good to go. Now, people expect more. A lot more....
3 Key Metrics for New Car Success in 2018
I recently came across an article that may provide a glimmer of hope for franchise dealers: “Hitting rock bottom is the BEST thing that can ever happen to you.” It certainly seems like we’ve hit rock bottom if you look at new vehicle profits. NADA Data’s mid-year...
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