New York attorney general Eric Schneiderman reached settlements with 104 franchised and independent dealerships, according to an announcement released on Friday.
Dominion Dealer Solutions announced on Thursday that Dominion Dealer Specialties has introduced LiveLot, a fully responsive video marketing platform that supplies auto dealers with full-service video marketing strategies and tools.
Consumers' increased interest in both trucks and SUV’s over sedans is a shift the industry will have to wrestle with even more this year, says John Rickel, senior vice president and chief financial officer of Group 1 Automotive.
Black Book’s latest recap of bidding activity and price movement showed how aggressively dealers are getting in the lanes either in person or online.
Car dealerships’ handling of leads outpaces other industries, according to Conversica, a provider of artificial intelligence driven lead engagement software for marketing and sales organizations.
NextGear Capital announced recently that it has enhanced its website by adding more tools and resources that help dealers manage their vehicle and business needs.
The American International Automobile Dealers Association reported that average length of time a new model sat on a dealer’s lot hit 70 days in March — the longest stretch of time since July 2009. Edmunds contends current new-vehicle inventory levels haven’t been this high since 2004.
If your dealership has a potential buyer looking for a vehicle for a teenage driver, there’s a good chance one of the 49 “best choices” or one of the 82 “good choices” selected by the Insurance Institute for Highway Safety (IIHS) is likely in your inventory.
SiriusXM announced on Tuesday that dealer group Rightway Automotive signed on to its Pre-Owned Program, which provides a three-month subscription to the radio company’s All Access package.