Trending Auto Retail News
Buyers, Tis’ the Season to Splurge
As the year comes to a close, 2012’s buy/sell activity surprised me. I had expected a large number of dealerships to trade hands this year, particularly given the aging demographic of the dealer community and the rise in blue sky values. Instead, fewer transactions...
NADA University Unveils All-New Industry Report on Dealership Workforce
Comprehensive Report, Produced in Partnership with Northwood University, Analyzes Vastly Expanded, More Timely Data on Dealer Trends McLean, Virginia – NADA University, the education and training arm of the National Automobile Dealers Association (NADA), has unveiled...
Toyota Agrees to NHTSA Settlement Regarding Recall of 2010 Lexus RX
Toyota has agreed to make a payment of $17.35 million to the National Highway Traffic Safety Administration to settle claims related to the timeliness of its June 2012 recall to address the potential for accelerator pedal entrapment caused by unsecured or incompatible...
Manheim Holds 4th Annual Independent Auction Summit During National Remarketing Conference
Top Manheim Leaders Meet with 30 Independent Auctions to Discuss Evolving Industry Trends ATLANTA – To further strengthen strategic relationships through two-way dialogue, Manheim met with 30 independent partners during the 2012 National Remarketing Conference that...
DealerRater’s Powerful New 360Certified™ Program Launches in Canada
Most Comprehensive Online Reputation Management And Social Monitoring Platform for Auto Dealers Hits the Canadian Market WALTHAM, Mass. – DealerRater, the world’s premier car dealer review web site, today announced Canadian availability of its comprehensive online...
Judge Gives 2 Auto Dealers Suspended Sentences and Orders Restitution
According to the Hartford Courant Courant.com, a judge gives two auto dealers suspended sentences and orders a restituition after charges were filed alleging theft from their customers. Click here for the full story. The live portion...
Ford Motor Company Launches New Program to Support Detroit Neighborhoods with $10 Million Investment
DETROIT -- Ford Motor Company (NYSE: F) and its community relations arm, Ford Motor Company Fund (Ford Fund), today announced the launch of a major program in Detroit to strengthen neighborhoods and provide support for education, summer jobs programs and other...
Porsche Leads in TrueCar’s November 2012 Performance Scorecards for Manufacturers and Brands
Porsche, BMW, and Jaguar Land Rover Receive Top Grades by Manufacturer; Suzuki, Mitsubishi, and GM Suffer the Lowest Grades SANTA MONICA, Calif. -- TrueCar.com, the authority in new car pricing information, trends and forecasting released its Performance Scorecards...
Manheim Purchases Ready Auto Transport
Acquisition Provides Customers with a Simple and Efficient Way to Transport Cars Into and Out of the Manheim Marketplace ATLANTA – Reinforcing its commitment to continuously enhance the vehicle buying and selling experience for customers, Manheim has purchased Ready...
Top Auto Experts Team Up For “Best Training Day Ever™”
Orlando, FL - On February 8, 2013, five of the automotive industry’s leading performance strategists collaborate for the first time in “The Best Training Day Ever™,” a one day automotive dealership training event designed to help automotive retailers perfect the path...
Auto/Mate Recognized as “Best Place to Work” by the Albany Business Review for Third Consecutive Year
CLIFTON PARK, N.Y. – Auto/Mate Dealership Systems announced today it was named one of the “Best Places to Work” in New York State’s Capital region by the Albany Business Review. It is the third year in a row that Auto/Mate has received the honor. “"I believe what...
Honda Recalls 807,000 Vehicles
According to the National Highway Traffic Safety's website, Honda is recalling certain model year 2003 and 2004 Pilot and Odyssey and 2003 through 2006 Acura MDX passenger vehicles manufactured from November 26, 2001, through August 30, 2006. The website said, the...
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