Trending Auto Retail News
June New-Vehicles Sales Up 2.9 Percent from Last Year: Cox
New-vehicle sales in June are expected to increase from last month, according to the latest forecast from Cox Automotive. In June, the seasonally adjusted annual rate (SAAR) is projected to finish near 16.0 million, down slightly from last June’s 16.1 million level...
Better Car People Acquires Proactive Dealer Solutions
Better Car People (BCP) has acquired Proactive Dealer Solutions (PDS), the fourth major recent acquisition by BCP that boosts the customer engagement platform for auto dealers and OEMs The union combines BCP's lead engagement platform, generative artificial...
One View Offers Free Document Management Solution to CDK Clients During System Outage
One View, a leading provider of document management solutions, is pleased to announce a special free trial of its services for all CDK clients affected by the ongoing CDK DMS system outage. During this challenging period, One View is committed to ensuring that...
Trends in EV Manufacturing Reshaping the Automotive Landscape
As the rise of the electric vehicle (EV) industry continues to shape the automotive landscape around the world, manufacturers and consumers in the US are beginning to adapt. Research published by the Bureau of Labor Statistics reveals electric car sales across the...
AppraisalPRO Arms Car Dealers with Big Data to for Trade-Ins
AppraisalPRO began operations on June 25, a company intent on revolutionizing the vehicle appraisal industry with AI database designed to provide new and used car dealers nationwide with the market’s most powerful tool for optimizing trade-in values. Created by the...
Reynolds and Reynolds Donates $5 Million to Northwood University to Enhance Educational Opportunities
MIDLAND, Michigan & DAYTON, Ohio – The Reynolds and Reynolds Company, the leading provider of software, services, and forms in automotive retail, has pledged a monumental $5 million gift to help fund the construction of the new Center for Automotive & Mobility...
Presidio Report Finds Profit Slide Accelerates for Auto Dealers
A recent review of auto dealerships found that while profitability for the average U.S. auto dealership remains well above pre-2020 levels, the profit erosion from pandemic highs accelerated to start the year. The findings are part of Presidio Perspectives: A...
Deal or No Deal? The Ongoing Struggle with Internet Leads in Car Sales
Let's talk leads, specifically inbound internet leads. What makes them challenging and how do you overcome those challenges to drive success? The reality is there's gold in those leads, lots of gold, and if handled with energy, excitement, and the right communication...
U.S. Auto Dealers Spend Weekend Working Around Computer Hack
Dealers across the U.S. resorted to pen and pencil to complete transactions in their dealerships as one of the key software programs remained down over the weekend. CDK Global has not made any public comments since shutting down their services on Thursday, June 20,...
Future Proof Your Dealership for Digital Natives
The term "digital native" describes people who were practically born with smart devices in their hands and have grown up consistently using technology for communication and information gathering. This tech-savvy consumer group mainly comprises Millennials and...
Proactive Dealer Solutions Achieves SOC, SOC 2, and GLBA Compliance
Huntersville, NC – June 10, 2024 – Proactive Dealer Solutions, a leader in automotive dealership training and advanced software solutions, today announced that it has achieved SOC, SOC 2, and GLBA compliance. This accomplishment marks a significant milestone in the...
Fisker Files for Bankruptcy
On June 17, Fisker filed for Chapter 11 bankruptcy protection, less than two weeks after the troubled electric vehicle maker recalled the nearly 7,000 Ocean SUVs from the 2023 model year due to an issue regarding the Motor Control Unit (MCU). "Like other companies in...
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