Trending Auto Retail News
From under the hood to in the spotlight: Valvoline Instant Oil ChangeSM ranks No. 60 on the 2014 Entrepreneur Franchise 500® list
Accelerating its brand distinction as a proven, profitable business, Valvoline Instant Oil ChangeSM announces its No. 60 ranking on the prestigious Entrepreneur Franchise 500® List. This is Valvoline Instant Oil Change service centers’ second year on the coveted list,...
5 Reasons to Shift Auto Marketing to 50-Plus in 2014
5 reasons to shift auto marketing to 50-plus in 2014, according to Huffington Post. U.S. auto sales have been racing ahead on the fast track, rising by 1.5 million in the last three years. Fueling the auto industry's acceleration is the 50-plus population, which...
Why TV Ad Spend Will Grow More Than Digital Spend In The Next Five Years
Why TV ad spend will grow more than digital spend in the next five years, according to Media Post. TV ad spend in the U.S. will grow more each year for the next five years than digital video ads will (yes, you read that correctly.) At the closing panel of Gridley...
Dealerships Hiring More Women, Younger Workers, NADA Says
Dealerships hiring more women and younger workers, according to Search Auto Parts. Women are overrepresented in office and administrative positions, where they make up 92 percent of the workforce. The production position with the most women is finance and insurance...
Experian Automotive partners with Cars.com to make AutoCheck® vehicle history reports accessible on its used-vehicle listings
Experian Automotive today announced that it has teamed with Cars.com to make AutoCheck® vehicle history reports accessible through its used-vehicle listings section. The inclusion of AutoCheck reports on Cars.com gives dealers using the Website a choice when selecting...
Finding the Right Roles for Your People
Finding the right roles for your people, according to Search Auto Parts. A big challenge to any business owner or anyone tasked with hiring and firing is keeping our stores fully staffed. Even worse is keeping our stores fully staffed with capable, competent people,...
Used Car Rush Poised to Cut Auto Loan Recoveries, Moody’s Says
From Bloomberg: Used car rush poised to cut auto loan recoveries, Moody's says. Recoveries on defaulted auto loans are poised to decline this year as an influx of used vehicles damps the value of collateral backing the debt, according to Moody’s Investors Service. The...
Auto Loans Bring Growth, and Scrutiny, for Banks
Auto loans bring growth, and scrutiny, for banks, according to The New York Times. Car loans may be a boon to banks experiencing lackluster mortgage demand, but automobile lending has come with its own headaches recently. JPMorgan Chase, a leader in auto lending,...
Used Car Buyers Face Higher Prices
Used car buyers face higher prices, according to GFORCES. Motorists may face higher prices for used cars in the coming weeks as used car dealers face rising wholesale values, according to CAP Automotive. Despite an overall increase in the supply of used cars into the...
Newell’s Auto Body Achieves Gold Class Status
Newell's auto body shop achieves gold class status, according to Herald-Review. Newell’s Auto Body has achieved Gold Class status, the industry standard for training that contributes to complete and safe repairs. Only 10 percent of collision repair businesses meet the...
‘Every Year There’s Something”: GM Boss Outlines Another Tricky Year
GM boss outlines another tricky year, according to The Wall Street Journal. General Motors Co. cheered investors late Tuesday with news that it will start paying a dividend. This morning, the company’s new president, Dan Ammann, waved a caution flag. In a webcast this...
Nationwide Poll Finds Automotive Industry Joins Technology, Telecommunications, and Energy as Top Drivers of Innovation
A majority of American consumers see the technology, telecommunications, and energy industries as the top growth industries of the next decade, according to a study from Penn Schoen Berland (PSB) commissioned by Ford Motor Company. The study also reveals a growing...
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