Recovery Database Network’s May Analytics Update showed both recovery volume and orders increased month-over-month. Analysts indicated May recovery volumes increased 2 percentage points from April as the index reading moved up to 51 from 49. They added May recovery orders increased 3 percentage points from the previous month, pushing the index figure up to 56 […] [Read More]

Automotive retail is a competitive business. Competition thrives between dealers, brands, suppliers, and manufacturers — driving us all to do better. As any dealer will tell you, to succeed in this industry you must have a competitive edge — and enjoy going head to head with your rivals. Competition undoubtedly makes us a healthier, sharper […] [Read More]

As digital marketing avenues expand and the potential for dealers to have a further reach when it comes to consumers in other states and even other countries continues to grow, the following question arises: is it more profitable to advertise to the local community and  county or try and pull in customers from other markets? […] [Read More]

With the jury still out on whether used luxury prices will see a spike in the near future, spring wrapped up with consumers seemingly shifting their interest to this segment.  Kbb.com reported that for the second consecutive month, site traffic in the luxury segment increased. Kbb.com’s new M.I. Quick stats, which provide a snapshot of […] [Read More]

The American International Automobile Dealers Association on Monday announced a new affinity relationship with Wells Fargo Bank N.A., doing business as Wells Fargo Dealer Services. Through this relationship aimed at boosting their Member Benefits Program, officials highlighted WFDS is the only lender endorsed by AIADA to provide dealer members with commercial floor plan financing, indirect […] [Read More]

The TechnoMetrica Auto Demand Index — a national survey conducted every month since 2007 to determine the public’s interest in buying or leasing a new vehicle within the next six months — showed intent is softening. Officials said the June results show an ADI of 55, confirming new-vehicle purchase intent has dropped significantly from its […] [Read More]

The announcement of the U.S. Supreme Court upholding essentially the bulk of the Affordable Care Act drew a wide-ranging response from both sides of the political aisle, as perhaps was expected. And while many in the auto business chose not to publicly comment on the issue, the organizations representing dealers and auto workers, respectively, voiced […] [Read More]

When a commercial comes on the television advertising the latest model from an OEM, or a print ad boasts the best vehicle on the market, which brands seem to catch consumers’ eyes the most? According  to social analytics company General Sentiment’s inaugural Auto MediaMatch Report, Ford is the top auto brand with $90.2 million of […] [Read More]

Gas prices might not be as high a priority for water-cooler conversation like when pump prices approached $4 a gallon. Still, an industry observer asked Manheim economist Tom Webb about fuel costs in light of sinking crude oil prices recorded earlier this month. Webb tackled the question as a part of Manheim Consulting’s June Auto […] [Read More]

Though OEMs continue to look for ways to integrate technology directly into the makeup of new vehicles, consumers may still be looking to “plug in” their devices, putting less emphasis on built-in applications. According to the 2012 Harris Poll AutoTECHCAST study released by marketing research firm Harris Interactive, flexibility to "plug in" current consumer electronics […] [Read More]