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Trending Auto Retail News

Almost 70% of Pre-owned Vehicle Sales Included Financing

According to SubPrime Auto Finance News, almost 70% of pre-owned vehicle sales included financing. The finance office stayed busy in July working up contracts for used vehicles as CNW Research determined 68.9 percent of all used sales last month included financing, a...

Ford Raises $1 Billion With Year’s First Benchmark 10-Year Bond

Ford Raises $1 Billion With Year’s First Benchmark 10-Year Bond

Ford raises $1 billion with year's first benchmark 10-year bond, according to Bloomberg. Ford Motor Co. (F), the second-largest U.S. automaker, raised $1 billion in its first sale of benchmark 10-year bonds since September. Ford Motor Credit’s 4.375 percent securities...

More Than 200,000 Flood Damaged Cars Back On U.S. Roads

Hundreds of thousands of flooded cars have washed up on the shores of every state in the country. According to new research from Carfax, more than 212,000 cars that were branded as flood damage by a state Department of Motor Vehicles (DMV) are on U.S. roads right now....

Save me time, too

We know that the majority of car buyers today walk into the showroom pretty well settled on what they want and how much they want to pay. They want to get in, do the deal, and be on their way as promptly as possible. If your selling processes address this desire,...

Top 10 Used Cars with the Biggest Spike in Online Traffic

Top 10 Used Cars with the Biggest Spike in Online Traffic

The top 10 used cars with the biggest spike in online traffic, from Auto Remarketing. There’s a bit of an odd coupling when you look at the types of vehicles that have generating the most traction among used-vehicle shoppers on KBB.com. But as Kelley Blue Book’s...

Dataium ASI: Chevy Aims for a “Silverado Summer”

Dataium, the largest aggregator of in-market automotive shopper behavior, today released its monthly Automotive Shopper Intensity (ASI™) report. The ASI index, a leading predictive indicator of automotive retail sales, increased 2.4% from the previous month. Dataium...

What is Web-Based Technology

As children we all played the game of "grapevine" where one person whispers a message to another, which is passed through a line of people until the last player announces the message to the entire group. A message that starts out as "Tom went to the store to buy...

Which Tablet Is Best For Your Service Department?

We’ve all heard of the benefits that mobile technology can deliver in the service lane: a faster write-up process, more time spent with the customer and a streamlined workflow. If you’re thinking about buying tablets for your service department, it’s important to know...

Here We Grow Again

“Loyd! It’s good to hear from you. I look forward to seeing you next week. I just wanted to speak with you on the phone before our meeting so you can be prepared for our hot topic. We are looking at buying another store.” “OK,” I responded through the phone as I...

Is It Really Worth the Effort To Work With Orphan Owners?

Orphan Owners = Proven BuyersOrphan Owner: Customers whose salesperson has moved on. This also includes customers whose salesperson is still there, but isn’t staying in touch. Why don’t salespeople contact this group? They don’t know them, customer may not want to...

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