Retail
Experian Automotive to Continue NIADA National Member Benefit Program Sponsorship
Wednesday, Jun. 13, 2012, 04:15 PM
Auto Remarketing Staff
This week, Experian Automotive chose to extend its relationship with the National Independent Automotive Dealers Association by sponsoring its National Member Benefit Program. As a sponsor of the program, officials highlighted that Experian Automotive provides NIADA members with access to insight that can enable them to better understand the market, the vehicles and consumers. “Interpreting […] [Read More]
FTC Takes Action Against Georgia Franchised Dealer
Wednesday, Jun. 13, 2012, 05:57 AM
Auto Remarketing Staff
As the National Automobile Dealers Association issued two new bulletins geared to help store staff respond to consumer questions on safety and fuel economy, it also shared news of the Federal Trade Commission’s announcement of an enforcement action against and a proposed settlement agreement with a Georgia franchised dealer. According to FTC officials, Franklin’s Budget […] [Read More]
NADA: Franchised Dealer Profits Climb 24 Percent; Revenue Up 12 Percent
Tuesday, Jun. 12, 2012, 04:34 PM
Auto Remarketing Editor Joe Overby
The average franchised dealer pulled in total revenue last year that was more than 12 percent stronger than 2010, with pre-tax net profits soaring nearly 24 percent. That’s according to the NADA Data 2012 report issued Monday, which the National Automobile Dealers Association put out as its annual state-of-the-industry look at dealer financial trends. [Read More]
Penske, SiriusXM Expand Partnership to Include Pre-Owned Vehicles
Tuesday, Jun. 12, 2012, 03:15 PM
Auto Remarketing Staff
Sirius XM Radio and Penske Automotive Group Inc. announced Tuesday that they have expanded their partnership to include pre-owned vehicles. The deal will be available to Penske Automotive customers who purchase any pre-owned vehicle with a factory-equipped satellite radio, through 154 franchises at 119 dealerships located across the United States. Rob Kurnick, president of Penske […] [Read More]
Indiana Dealer Turns to Scavenger Hunt to Ramp Up Social Media & Community Presence
Tuesday, Jun. 12, 2012, 02:45 PM
Auto Remarketing Staff
In an effort to involve the community, as well as ramp up its social media presence, one dealership is thinking outside the of the box. To ring in the summer, Stoops Buick GMC is holding a community scavenger hunt on Saturday, that will last throughout the day. The Plainfield, Ind., dealership will be awarding cash […] [Read More]
Two New Dealer 20 Groups Launch this Week, Part of 10 Announced By NCM
Tuesday, Jun. 12, 2012, 05:57 AM
Auto Remarketing Staff
This week marks the launch of two new Dealer 20 Groups, part of a 10-group addition for franchised auto dealers announced Monday by NCM Associates. Launching Thursday and Friday is a Kia 20 Group, which will conduct its organizational meeting, moderated by Jeff Bethel, at NCM Associates’ headquarters here. Getting under way the same days […] [Read More]
Nissan Unveils Another Service Technician Training Facility
Tuesday, Jun. 12, 2012, 05:55 AM
Auto Remarketing Staff
Nissan and Infiniti recently opened their largest U.S. training facility, a brand new operation in New Jersey consisting of 31,000 square feet and aimed at serving dealerships in the Northeast region. When assessing the site, Nissan Americas vice chairman Bill Krueger said, “Making sure that we have service technicians, service advisers, sales people trained on […] [Read More]
Hyundai Celebrates Partnership with Trilogy Smartleads with Vehicle Giveaway
Tuesday, Jun. 12, 2012, 05:54 AM
Auto Remarketing Staff
Celebrating the OEM’s successful partnership with Internet marketing company Trilogy Smartleads, Hyundai hosted a vehicle giveaway marking a milestone sale. One lucky shopper picked up the keys to a free 2012 Hyundai Sonata, commemorating the 50,000th OEM sale originating from Trilogy SmartLeads. The 50,000th lead came from Cars.com, officials shared. And the company revealed last […] [Read More]
Dealers Bring Another Lawsuit Against Mahindra
Monday, Jun. 11, 2012, 07:55 AM
Auto Remarketing Staff
In the latest development in a legal clash that’s been going on for close to two years, dealers from five states filed a lawsuit against Indian truck manufacturer Mahindra & Mahindra and its U.S. counterpart accusing fraud, misrepresentation and conspiracy. The lawsuit alleges Mahindra duped hundreds of U.S. dealers and walked away with more than […] [Read More]
Fisker & Penske Join Forces; Dealership Group to Operate Arizona EV Store
Monday, Jun. 11, 2012, 07:54 AM
Auto Remarketing Staff
It was revealed late last week that luxury electric vehicle automaker Fisker Automotive has joined forces with Penske Automotive Group, which was one of the dealer groups to make it onto the list of “Top 125 Used-Car Dealership Groups” in the June 15 print issue of Auto Remarketing. Serving Arizona and the surrounding region, Penske […] [Read More]
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