Trending Auto Retail News
DealerSocket is Red Herring 100 Global Award Winner
DealerSocket is Red Herring 100 Global Award Winner, from Sys-Con Media. Red Herring has announced DealerSocket as a Red Herring 100 Global Award Winner. DealerSocket is known for their innovative product suite that they supply for automotive dealerships throughout...
The high-tech dealership of tomorrow will be – surprisingly – more human
The high-tech dealership of tomorrow will be - surprisingly - more human, from Crain's Detroit Business. In just one year, buyers went from spending an average of 60 percent of their time shopping online to 75 percent. Today’s consumers expect to conduct their...
Holiday Sales Come Early This Year, Even for Cars
Holiday Sales Come Early This Year, Even for Cars, from cars.com. If Santa Claus is on television roaming a garage filled with shiny Mercedes-Benz cars and SUVs then Christmas must be just around the corner, right? Not any longer. Just as retailers now try to gain an...
Setting the stage for a “huge” December
Setting the stage for a “huge” December, from Automotive News. Plenty of incentive money left after Nov. sales rise 5% Timely automaker Black Friday promotions and a strong economy drove U.S. auto sales higher in November. Look for more of the same this month....
Website Enhancements Aid Both Dealer and Customer, Says Strategist
Website Enhancements Aid Both Dealer and Customer, Says Strategist, from Wards Auto. David Winslow’s car-buying experience went pretty well, but not perfectly. He spotted some flaws. For example, he detected a disconnect between his online research and off-line...
Holiday Discounts Drive November Auto Sales
Holiday Discounts Drive November Auto Sales, from American International Automotive Dealers. Low gas prices and interest rates combined with clever Black Friday marketing at the end of the month to create the perfect storm of sales. Honda was up 4.9 percent, Subaru...
Major Acquisitions Skyrocket U.S. Dealership Buy/Sell Activity – Up 89% Year-Over-Year
Major Acquisitions Skyrocket U.S. Dealership Buy/Sell Activity – Up 89% Year-Over-Year, from Business Wire. Acquisition activity soaring; Berkshire Hathaway acquisition of Van Tuyl and Lithia acquisition of DCH push pricing expectations to record peaks,...
Women’s Wednesday #20: Report: Top Sites Visited by Women When Buying a Car
Womens-Drivers.com, the leading dealer ratings and review site for Women buyers, conducts ongoing research through our Women’s Satisfaction Index (WSI®) report to provide dealers with important insights into buying habits of women. Women-Drivers.com asks women to...
NADA Unveils Third Annual Industry Report on Dealership Workforce
Findings Show U.S. Auto and Truck Retailers Helping to Drive Economic Growth By Providing More Jobs, Above-Average Wages, Weekly Earnings Increases McLean, Va (December 3, 2014) – The National Automobile Dealers Association (NADA) has unveiled its third annual...
New Research: One Third of Consumers Plan to Hit the Road for Winter Holidays; One in Six to Put Over 1,000 Miles on Odometer
With gas prices at five-year lows, a new survey from DMEautomotive shows that car travel is the way to go for 35% of travelers over the winter holidays; and these consumers are making sure their ride is safe: 90% plan pre-trip maintenance Daytona Beach, FL – December...
Loan Amounts Reach Record Highs in Q3
Loan Amounts Reach Record Highs in Q3, from F&I Magazine. The average dollar amount for both new and used vehicle loans reached all-time highs in the third quarter of 2014, according to Experian Automotive’s latest State of the Automotive Finance Market report. The...
New Auto Group to Sell Cars Online Using Breakthrough Technology
New Auto Group to Sell Cars Online Using Breakthrough Technology, from Sys-Con Media. Two life-long friends, Katie Bowman Coleman, owner of Bowman Chevrolet in Clarkston, MI and Sam Slaughter, owner of Sellers Buick-GMC in Farmington Hills, MI have merged their...
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