Trending Auto Retail News
The Odor Doctors Launches “Expertly Sanitized Vehicles”; Expands into Canada New Marketing Approach Differentiates How Auto Dealers Sell Pre-Owned Inventory
Houston, Texas -- The Odor Doctors, a fast, inexpensive, practical and highly profitable solution for tackling the most challenging problem for used vehicle retailers across the globe, today announced the launch of “Expertly Sanitized Vehicles”; a new marketing...
DealerRater Teams with Polk for Digital Dealer 14 Presentation Showing How Online Star Ratings Increase Auto Dealer Sales
WALTHAM, Mass. - DealerRater, the world’s premier car dealer review web site, today announced a joint presentation with Polk at the 14th Digital Dealer Conference and Exposition titled, “The Proof is in the Numbers – Reviews Drive Business.” The joint session will...
GM Wants More Parts Available In-Store, Dealers Object
According to Crain's Detroit Business, GM wants more parts at stores. Dealers are against carrying a costly larger inventory, despite incentive programs. Ideally, the improvement in selection will increase same-day repairs and encourage direct factory purchase of...
Horsepower and Kilowatts: Mechanical Force Vs. Electrical Energy in the Shop
Working with mechanical versus electrical power in the shop means new conversions, new numbers and safety practices. The following article from MACS Worldwide explains the difference between Horsepower and Kilowatts when dealing with ICE, hybrid and battery-powered...
NHTSA Recall Notice: Honda Brake Shift, Nissan Front Brake Torque, and Toyota Load Capacity Faults
NHTSA has issued a recall for some late model Hondas that may suffer a brake shift interlock problem, in addition to Nissan's threat of front brake torque failure in some 2013 Nissan/Infiniti models. Please click on the following NHTSA Campaign ID links to view the...
Holley Brands: 195 Years of Power Promotion
2013 marks Holley’s 110th anniversary, Hooker Headers' 50th anniversary and NOS’ 35th anniversary. Total it up and you get 195 Years of Making Power. To celebrate the occasion, they have some great consumer offers running April through June. Consumers that buy a...
Extended Auto Loans Break 8 Year Mark, May Also Break Bank
According to Business Insider, increases in car price lead to increases in loans, and therefore the time to pay them off. Loan terms, which originally began at 32 months, now can range all the way to 96 months, or 8 years. Financial experts suggest that lengthening...
FTC Amends Alternative Fuels Rule to Make Compliance Easier
The Federal Trade Commission has issued final amendments to the Alternative Fuels Rule, consolidating the labels required on alternative fuel vehicles (AFVs) with those required by the U.S. Environmental Protection Agency (EPA), eliminating the need for two different...
Supply Chains Act to Hit Retailers in California and Other States
Federal legislation is taking a hint from California's recent act that requires businesses to disclose activity and financial statements in efforts in eradicating human trafficking and slavery from direct supply chains. Dealers fall under the retailer clause of this...
AutoNation Reports All-Time Record Quarterly EPS from Continuing Operations
EPS from continuing operations an all-time record(1) $0.68, up 21% compared to the year-ago period Total revenue of $4.1 billion, up 12% compared to the year-ago period, increasing across all major business sectors; operating income of $169 million, an increase of 14%...
Lithia Motors Reports Lowest PEG Ratio in Automotive Industry
From SIP Trunking, the three companies in the Automotive Retail industry with the lowest Price to Earnings to Growth (PEG) Ratios get a revue. Lower peg ratios indicate more improvement, stock and expected growth. Of those ranked, the lowest include: Lithia Motors...
The NADA Used Car Guide Update
The first 60 days of 2013 get reviewed for success factors in the NADA Used Car Guide update. Growth on pickups and cars between the ages of 8 years and 3 were marked. General Motors' reported gains, as well as Chevrolet's losses for entry-level cars, and Ram's...
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