The National Automobile Dealers Association recently introduced what it’s calling a fully automated online energy usage survey as part of a national effort to understand energy consumption trends among dealerships in the United States. NADA explained that data derived from the survey will aid in the development of a national ENERGY STAR energy performance scale […] [Read More]

Although its net earnings dropped 3.8 percent, CarMax increased its retail used sales volume by 3.5 percent year-over-year in the first quarter and pushed its total net sales and operating revenues up 3.5 percent, as well. The company sold 112,291 retail used vehicles during the quarter, compared to 108,511 sales in the year-ago period. Wholesale […] [Read More]

Audi of America has a new president to fill the shoes of Johan de Nysschen, who recently moved on to serve as the global head of the Infiniti brand.   Tapped for the position was Scott Keogh in a move that was effective immediately. Before moving on to Infiniti, de Nysschen had led the organization […] [Read More]

A Windsor, Ontario man pleaded guilty to two counts of charges involving illegal car sales earlier this week and will have to shell out $62,500 along with taking a year of probation. More specifically, the charges to which Bahjat Touma pleaded guilty were one count of acting as a dealer without benefit of registration and […] [Read More]

Canadian web-based loyalty and rewards technology provider Ackroo has announced the appointment of a new dealer development manager, tasked with growing market share of its DealerCard revenue retention tool in Southern Ontario. Ackroo has tapped former Reynolds & Reynolds executive  Wayne Doucette for the position. Doucette’s career in the automotive industry spans over 35 years, […] [Read More]

The National Automobile Dealers Association welcomed the news that the House Energy and Commerce Committee approved legislation Wednesday repealing a mandate that requires dealers to provide buyers with a booklet on vehicle insurance costs. The bill, H.R. 5859, introduced by U.S. Reps. Gregg Harper, R-Miss., and Bill Owens, D-N.Y., is strongly supported by NADA. “The […] [Read More]

In its largest fundraising effort to date, Smail Auto Group announced Tuesday that it raised more than $60,000 in support of Troops First Foundation. As part of the group’s Smail Auto Group Cares campaign, and in honor of Memorial Day, the project featured a monetary donation for every new and used vehicle sold throughout May. […] [Read More]

In light of the recent news from Saab and plans for the brand to focus more on electric vehicle production in the future, Auto Remarketing reached out to ALG to get their feedback on how the changes might affect used-vehicle values — as well as how the project might fare — for the OEM that […] [Read More]

Many dealers correctly recognize the need to keep more trade-ins to feed their used-vehicle inventories. This trend raises an age-old tension at many dealerships: The new-vehicle department typically wants to set the highest trade-in value possible to satisfy the customer and close a deal. The used-vehicle department prefers low-balling trade-in values to maximize the retail […] [Read More]

After declaring bankruptcy earlier this year, the latest chapter in Saab’s saga has the brand apparently delving heavily into the electric vehicle market in the coming years. And after ALG reported earlier this year that the nameplate had been “stripped” of most of its value as the automaker fought to stay in business, this shift […] [Read More]