Thanks to used-car trade-in values being above average, the new-car market is likely to see a nice lift during the fourth quarter, according to NADA Used Car Guide senior analyst Jonathan Banks. Interestingly enough, though, high trade-in values didn’t keep used sales from remaining strong in September, Banks pointed out in a video interview with […] [Read More]

Chrysler celebrated a landmark sale in its certified pre-owned program last month when a Chicago-area woman became the 1 millionth Chrysler CPO customer. Back in September, Jessica Taskay — who is 21 years old, hails from Lockport, Ill.,  and works as a kennel manager — bought a certified 2010 Jeep Patriot Sport at Bettenhausen Motor […] [Read More]

Industry groups, dealers and analysts, as well as Ford’s Alan Mulally, all applauded this week’s congressional action to push the United States–South Korea Free Trade agreement that has awaited ratification since it was approved by both countries in 2007. In a study requested by the Senate, the United States International Trade Commission found KORUS will create […] [Read More]

Group 1 Automotive’s dealership network has recently grown by four stores, as the company announced Tuesday it acquired a General Motors store in Houston to go along with three dealership openings throughout Texas and California. Group 1 bought David Taylor Cadillac Buick GMC in Houston and is rolling out a new Volkswagen store in the […] [Read More]

Free recommendations on best dealership practices from Carfax, DealerTrack and OPENLANE prompted close to 400 store managers and salespeople to register for the last Auto Remarketing Training Series Webinar of the year. Dealers who might have missed Tuesday’s session still can get all of the information shared by three of the used-vehicle industry’s top dealer […] [Read More]

Izmocars and AskPatty.com recently revealed they are partnering in an effort to provide dealers with the training and tools they need to effectively market and sell auto accessories to women. Interestingly, according to the companies, this is especially important because women purchase nearly as many accessories and aftermarket products as men. Jody DeVere, chief executive […] [Read More]

The CarMax Foundation has now given $10 million to nonprofits since its inception in 2003. In celebration of this milestone, the foundation announced it will now include wellness as one of its focuses.   To kick off the celebration, the CarMax Foundation revealed it intends to double all volunteer team-builder grants from $500 to $1,000 for any associate groups […] [Read More]

Along with announcing a new date for its annual convention, the National Independent Automobile Dealers Association revealed the next opportunity to attend the Certified Master Dealer Class. The class featuring Joe Lescota, automotive department chair for Northwood University, will be Oct. 20–22. NIADA highlighted that participants can learn how to sharpen management skills, analyze financials […] [Read More]

Volkswagen has recalled more than 168,000 VW Jetta, Jetta SportWagen, Golf  and Audi A3 models to fix a condition that could potentially lead to fuel-line cracks and fuel subsequently leaking out of the vehicles. The Jetta and Jetta SportWagen models being recalled were built from May 2008 through September of this year, while VW built […] [Read More]

For dealers looking for advice on how to close 2011 strong, Auto Remarketing is again bringing together three of the used-vehicle industry’s top dealer trainers for a free Webinar. Experts from Carfax, DealerTrack and OPENLANE are set to be a part of the next Auto Remarketing Training Series Webinar beginning at 2 p.m. EST on […] [Read More]