CNW Research’s latest used-vehicle supply findings concur with several other assertions from wholesale analysts — it’s not going to be easy for managers to keep their used inventories stocked. Even with trade-ins climbing because of greater new-vehicle sales, CNW revealed on Tuesday that the industry remains at a 45-days’ supply of used vehicles. Highlighting just […] [Read More]

A pair of Chicago-area General Motors dealerships is hoping to lend a helping hand to a local blood center through a rather unique promotion this weekend. Bill Jacobs Cadillac and Bill Jacobs Joliet (a Chevrolet store) are providing free oil changes to shoppers who stop in Saturday and donate a pint of blood. In addition […] [Read More]

Used-vehicle prices have been rather static to kick off 2012, but don’t expect that to continue. According to Kelley Blue Book, the first quarter will likely see used values jump between 3 percent and 5 percent and then continue to accelerate into the second quarter. What’s more, KBB projects that used prices might even eclipse […] [Read More]

As it celebrated the 2 millionth vehicle produced at its South Carolina plant, BMW announced late last week that it is pumping close to $900 million into the factory and adding 300 jobs there this year. BMW is expanding its X-model line and is building the new X4 at the Spartanburg plant, said Frank-Peter Arndt, […] [Read More]

A lot of you are hoping that 2012 is going to be an awesome year online and I am pulling for you, but what kind of plan have you developed to make it happen? Read on and I’ll map out eight steps you can do to accelerate your results. One of my favorite quotes is, […] [Read More]

A newcomer who manages an independent dealership might not recognize what the automotive landscape was like — especially for inventory floor planning — back in 1987 when Automotive Finance Corporation (AFC) started its operations. If a store was a franchised dealership, the opportunity for floor plan financing was much more plentiful at that time because […] [Read More]

Covering models in 23 different vehicle segments, U.S. News Best Cars recently highlighted its 2012 Best Cars for the Money Awards. Ford took home the most awards with five of its models selected as winners: Taurus, Fusion, Fiesta, Edge and Fusion Hybrid. For 2012, officials determined three brands emerged as winners for the first time: […] [Read More]

It appears like the U.S. won’t see any relief at the gas pump any time soon and considering some of the volatile concerns overseas, fuel prices may climb even higher, according to Kelley Blue Book. That said, automakers’ vehicle lineups have never been better-suited for gas-price hikes than they are now, KBB noted. What’s more, […] [Read More]

Continuing its efforts to help research aimed at quashing this progressive form of muscular dystrophy, Cadillac said Friday it will donate its corporate Super Bowl XLVI to CureDuchenne’s charitable auction. The non-profit is auctioning 19 Super Bowl packages — all donated by Cadillac — online through Jan. 25. Included in each package are two tickets […] [Read More]

One of MetroGistics’ top executives has been named to the St. Louis Business Journal’s 40 Under 40 class for 2012, which recognizes professionals under age 40 who make a difference both in business and in the community. Tapped for the award is managing partner William Billiter, who started MetroGistics in 2010 with his business partner […] [Read More]