Auto and truck dealers who missed workshops at recent industry conventions have a second chance to find that information, online. The National Automobile Dealers Association has announced that workshops held at the 2013 NADA Convention, as well as the American Truck Dealers Convention, are now available online at www.NADAUniversity.com. “If you couldn’t make it to […] [Read More]

Experian Automotive released findings from an analysis of the hybrid vehicle segment in honor of Earth Day on Monday, showing that market share of hybrid models has increased by 40.9 percent since 2011. The share for hybrids moved up from 2.2 percent in 2011 to 3.1 percent last year. While hybrid vehicles still only make […] [Read More]

While other segments of the economy might be posting sluggish growth, Manheim’s Tom Webb reiterated his upbeat assessment of where vehicle retailing is going. In Manheim’s Auto Industry Brief for April, the company’s chief economist said, “Fortunately, growth for automotive retailing is both more certain and brighter. Autos have outperformed the overall economy since the […] [Read More]

The 2013 Auto Remarketing Canada conference, presented by CarProof, gets rolling this morning with registration beginning at 8 a.m. (EST) at the Fairmont Royal York in Toronto. With over 500 registered attendees already, more than half of these are dealers. Click here to see the full pre-show attendee list, updated daily. Over the two-day conference, […] [Read More]

Potential buyers evidently had an appetite for domestic vehicles based on March data on the most-researched used models at NADAguides.com. Among the Top 15 vehicles highlighted, analysts determined that 10 boasted domestic badges. The March rundown, according to NADA Used Car Guide’s latest installment of Guidelines, is as follows: 1. Ford F-150 2. Chevrolet Silverado […] [Read More]

While two regions were reporting softer used-vehicle sales, the general sales climate for dealers in the U.S. appears to have been quite strong as of late. That’s the latest from the Federal Reserve, which released its Beige Book report this week summarizing economic conditions as reported to the Fed by businesses and other outside contacts […] [Read More]

While studies by the National Automobile Dealers Association found principals have “lukewarm support” for major store reconstruction projects requested by automakers, measures currently being debated by New Hampshire legislators could change state law unlike rules in most other locations. Possible modifications to the New Hampshire Dealer Bill of Rights contain several elements, including: —Limits facility […] [Read More]

As Earth Day approaches, and the weather continues to warm as spring gets underway, buyers may be interested in the "greener" cars on your lots. For dealers looking to market to eco-friendly drivers, Kelley Blue Book compiled a list of the 10 Best Green Cars of 2013, chosen by editors of KBB.com. The list includes […] [Read More]

The next free Market Intelligence Webinar from POADA is focusing on a top-of-mind subject for dealers nowadays: compliance. POADA is hosting 700Credit — a leading provider of credit reporting and compliance products and services — for this free webinar, which is set for next Thursday at 2 p.m. EDT. This informational, data-driven webinar with 700Credit […] [Read More]

Depreciation costs on the average sedan have climbed just modestly this year, according to the latest “Your Driving Costs” study released by AAA, which said this uptick may actually stem from the new-vehicle sales improvements. [Read More]