One million electric vehicles on American roads by 2015 — that’s the goal of the Obama administration. But will America reach it? Despite ramped-up production of plug-in electric vehicles — or PEVs — by U.S. and Japanese automakers over the past two years, it seems the challenge is larger than automakers or policymakers foresaw when […] [Read More]

As incentives remained relatively flat in June, possibly seeing slight declines, some OEMs notched their highest average transaction prices for the second consecutive month.  Both Toyota and Honda recorded unusually high transaction rates for this past month. According to TrueCar.com, Toyota enjoyed an 8 percent year-over-year rise and a 0.4-percent rise from May of this […] [Read More]

The Skip-Tracers National Certification Program, rolled out earlier this year by veteran Alex Price, has been named one of the top training programs in the country by an industry website. Officials from PINow.com tapped Price’s program as one of the top 25 available nationwide. Price took nearly 30 years of industry experience and created an […] [Read More]

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]