Trending Auto Retail News
Carfax, Honda Extend Decade-Long CPO Relationship
American Honda Motor Co., Inc. has selected Carfax as a provider of vehicle history information for the Honda and Acura Certified Pre-Owned Vehicle programs. For the last 10 years, Carfax® Vehicle History Reports™ have been a key component in the Honda and Acura...
Cox Enterprises Announces Formation of Cox Automotive
Demonstrating its industry leadership and goal of transforming the way cars are bought and sold, Cox Enterprises announced today the formation of Cox Automotive. This move brings together more than 20 leading wholesale and retail automotive brands, including Manheim,...
How tech giants are going to take over your car
How tech giants are going to take over your car, according to CNBC. Is this an Apple or an Android car? That may be the question you find yourself asking in the not so distant future. Just like Apple and Google continue to battle for market share in the smartphone and...
Cars Most Likely to be Dumped
Car most likely to be dumped, according to USA Today. While consumers consider many factors when deciding on the next car to buy, their own previous experience is perhaps the most significant one. Some car brands command high customer loyalty, while others command...
ADP Announces Post-Spin Name of its Dealer Services Business
ADP®leading global technology solutions provider dedicated to helping dealerships and manufacturers drive measurable results, is pleased to announce that Dealer Services’ new company name will be CDK Global, Inc., once the spinoff from ADP is completed. CDK Global...
Asleep at the Wheel
Asleep at the wheel, from Inventory Management Solutions. It is time to get a grip on your used car department. I see used car departments adrift with no one at the wheel. Who is in charge of the used inventory from acquisition to delivery at your dealership? Are they...
Business Services Provider KPA Focusing on Human Resource Management and Environmental Health and Safety Services
KPA, an automotive business services provider, is divesting its DigiGo Internet Marketing division to Search Optics®, one of the nation’s leading digital marketing solutions providers with a specialty in automotive. The divestiture will allow KPA to focus on its...
Car Lease Credit Approvals Reach New High for the Year Despite Subprime Increase
Swapalease.com, the nation’s largest car lease marketplace, reports lease credit approvals during the month of July were 81.0%, the highest monthly level of the year and reversing a trend that saw continuous decline since January largely due to an increase in the...
New Research Indicates Dealers Need to Re-Think The Ad Formats and Published Offer Strategy at Their Websites
Findings: Tiny ad formats with targeted offers drive more than 4 in 5 website leads; Gradually ramping up value of published offers saves $18,000+ a month Dealers spend a pile of money to drive traffic to their sites, but there has been almost no research on which...
Four Business Strategy Tips to Borrow from the Automotive Industry
When you look at successful businesses in the United States, the automotive industry stands out. Granted, car lots can be the butt of jokes at times, but the fact remains that there are millions of cars on the road, and many of them came from an auto lot or...
How to Identify the True Potential of Your Subprime Department And Double Your Sales in 60 Days!
Let me ask you a simple but very important question about your dealership: Is your subprime department meeting its full potential? I think if you’re being honest, the answer is probably ‘no’. I would even go so far as to say that your subprime department isn’t even...
How to Disconnect from Work without Everyone Freaking Out
How to disconnect from work without everyone freaking out, according to Fast Company. Picture this. You’re on a beach in the middle of the Caribbean with no Internet access, no phone reception, and no text messages. You return from your vacation well rested, and want...
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