We’ve mentioned a couple times already the importance and awesomeness of our Used Car Week sponsors. And the cool thing is, that list continues to grow. Here’s the latest look at our sponsorship list: CPO Forum Autotrader (presenting sponsor) Ally SmartAuction CarStory Chrysler Contact at Once, LLC Costco Auto DealerRater Ford IntelliChoice.com Kia Motors America […] [Read More]

A recent research study conducted by Blackhawk Engagement Solutions shed light on several aspects of automotive shoppers around the country, revealing that many use their smartphones to compare prices. And the majority use retail websites as one of their top sources for comparing prices on automotive products. Looking at the specifics of the “Where It’s […] [Read More]

When planning transport of pre-owned vehicles, a little planning can go a long way in saving you time and money. Just knowing about how various parts of the supply chain operate can give you the insights to help optimize vehicle transport. The dispatchers and customer service reps at vehicle transport companies can be a wealth […] [Read More]

Four industry associations all raised various concerns on Tuesday about the consent order released by the Consumer Financial Protection Bureau and Department of Justice involving American Honda Finance Corp. To recap, along with paying $24 million in restitution, Honda’s captive is being instructed to restrict dealer markup to 125 basis points or lower, depending on […] [Read More]

Earlier this month, Larry H. Miller Dealerships announced a platform to sell car parts online directly to consumers. This type of play is something IDDS Group chief executive Max Zanan calls “a great move” that more dealers should follow. Selling parts online allows a dealer to broaden the reach for this part of their business […] [Read More]

Following the recent recall news surrounding the various incidents related to Takata airbag inflator ruptures, it appears as though the National Highway Traffic Safety Administration is playing it extra careful with its recent investigation into another set of incidents involving airbag inflators from a different manufacturer. NHTSA opened an investigation on Monday involving two separate […] [Read More]

ACA International, the association of credit and collection professionals, filed a lawsuit on Monday in the United States Court of Appeals for the D.C. Circuit seeking judicial review of the Federal Communications Commission’s declaratory ruling and order adopted June 18 on the Telephone Consumer Protection Act. The official ruling was released last Friday. The FCC’s […] [Read More]

An upcoming mark-up of a proposed Republican transportation bill featuring regulatory and consumer protection reforms, which may contain several provisions that could directly impact dealers, is scheduled for Wednesday morning. And several industry sources have already offered their thoughts on this measure (more on that below).  Update: check out some of the ramifications for used-car dealers […] [Read More]

Given their increasing influence on the auto industry, there are several different schools of thought about millennials and their approach (or ambivalence) toward driving and car-buying, many of which have been explored in this publication. Here’s another: they might actually be quite interested in the certified pre-owned inventory on your lot — in fact, possibly more […] [Read More]

Cox Automotive chief economist Tom Webb is confident the used-vehicle industry will eventually surpass the all-time sales record sometime in the coming years; a feat that would require eclipsing the mark of 44.14 million units CNW Research indicated was established 10 years ago. But a return of double-digit margins for dealers on those used-vehicle turns? […] [Read More]