A recent survey by Ally Financial showed dealers continued to be a "pillar of strength" in their communities, particularly when it comes to charitable giving. Survey data indicated that nearly two-thirds of U.S. dealers increased their charitable contributions this year compared to last year. In addition, officials highlighted that more than half of those who […] [Read More]

September draws to a close this weekend, ending what appears to have been a rather solid month for used-vehicle sales, according to Edmunds.com. The company is anticipating 3.13 million used sales for the month, which would be relatively static compared to the 3.14 million used sales in August. Compared to September 2011, it would be […] [Read More]

Potential used-car buyers can now get a little help with their down payment, thanks to a new program announced this week by social-savings website Motozuma. By setting up a free Motozuma account to save for a down payment, prospective buyers can receive a dollar-for-dollar match of up to $200 on any used vehicle purchased from […] [Read More]

The National Independent Automobile Dealers Association revealed its newest NIADA Platinum National Corporate Partner on Thursday with the addition of Dealer Services Corp. of Indiana. By aligning with DSC, NIADA said the move is meant to further its commitment to the success of independent dealers. The association highlighted that during the past seven years, DSC […] [Read More]

The days-to-turn rate for the Canadian used- and new-car markets climbed for the third straight month, according to the latest Automotive Market Metrics report from J.D Power and Associates’ Canadian Automotive Practice. J.D. Power found that in August — the most recent data provided — each side of the industry was between 58 and 62 […] [Read More]

Kijiji Autos recently announced its Webinar series is back on the calendar with another session. This free offering will focus on a questions many Canadian dealers might have on their minds. The online seminar is titled, “Does Social Media Sell Cars & Services?” Paul Potratz, of Potratz advertising, asserts that in fact, social networking can […] [Read More]

AutoCanada recently signed a renewal of its credit facility with HSBC Bank Canada whereby HSBC increased the availability of the existing revolving term loan from $30 million to $40 million. Officials highlighted the deal also includes an option to increase the revolver to $50 million based on credit approval of HSBC. In addition to the […] [Read More]

As one Japanese brand earned both the used- and new-vehicle top spots within Kbb.com's latest rankings of most-researched models, the industy as a whole has been surging, according to auto analysts. And that includes both used- and new-vehicle sales for September. With CNW predicting that used sales will reach 3.49 million units for this month,  […] [Read More]

FLD announced today that it has named a director of business development. Hired to the position is Rich Mallek, who has seven years of marketing and sales experience. Mallek previously worked at a full-service interactive advertising and marketing agency in Boca Raton, Fla., and his background also includes positions with a marketing company focused on […] [Read More]

Whether you are more interested in market insights and trends or advertising and digital media strategies, the CPO Forum lets you, as a dealer, customize which workshops work best for you based on your store’s needs and interests. This year’s event will feature brand-new “large-group” workshops, which are designed to be larger than our standard […] [Read More]