People might not be driving as much nowadays because of COVID-19, but LoJack Global senior vice president and general manager Justin Schmid pointed out that company data is showing that vehicle thefts are climbing. During this Auto Remarketing Podcast with Nick Zulovich, Schmid shared ways dealerships can help their customers take advantage of vehicle telematics […] [Read More]

Texas Independent Automobile Dealers Association executive director Jeff Martin joined senior editor Nick Zulovich for a conversation about how operators in the Lone Star State are faring during the coronavirus pandemic. Martin also recapped how TIADA is making adjustments to modify its popular summertime conference to a digital format. To listen to the episode, click on […] [Read More]

Last week marked the first time since May that auction sales of vehicles up to 8 years old failed to crack the 100,000-unit mark, but they were still ahead of pre-virus forecasts, according to the Auto Industry Impact Report from J.D. Power released Wednesday. There were 97,000 auction sales for the week ending July 12. While […] [Read More]

Dealerships specialize in highlighting a vehicle’s features and performance. Store personnel can show off many great components of late-model vehicles — features such as blind-spot monitoring, turbocharged engines for improved fuel economy and power as well as touchscreens that connect to music and other entertainment options. The COVID-19 pandemic also is creating vehicle value that’s […] [Read More]

Another product now is available aimed at cleaning vehicle interiors as that process has become more paramount because of the coronavirus pandemic. This week, NuVinAir Global announced the launch of its latest product — ReKlenz-X — an EPA-approved, eco-friendly disinfectant that the company said can kill 99.9% of germs, bacteria, and viruses without compromising a […] [Read More]

One of the most interesting and challenging situations in this pandemic era is not just managing remote teams or staggered staff schedules — but how do you stay on top of professional development, compliance and other certifications? It’s hard to believe that six months ago, a manager could hold an in-person staff meeting at their store, […] [Read More]

The used-car market this month may turn out better than expected, according to the latest COVID-19 Auto Market Update from Cox Automotive. In the video report released Tuesday, Cox Automotive chief economist Jonathan Smoke said that, “We do know that inventory is a problem, particularly in the new market, but judging by the activity so […] [Read More]

American Recovery Association president Dave Kennedy didn’t mince words to open a letter he delivered to the industry last week. “We are failing — all of us,” Kennedy wrote. Kennedy used the direct language to introduce the latest endeavor by ARA, which has been assessing, researching and creating content that the association said will make […] [Read More]

The online marketplace for consumers to find and finance their next vehicle digitally gained another participant this week, highlighting access to an inventory of more than 100,000 used vehicles for sale nationwide. Shop.com, Market America's primary global e-commerce website, introduced a way to buy, lease or finance a new or used vehicle online in partnership […] [Read More]

It's likely a question that dealerships and finance companies have asked potential buyers countless times in order to get a deal completed. “How can you secure more money for the down payment? Is there a friend or a family member who could lend you the money?” LendAmi estimated $288 billion in person-to-person loans are transacted […] [Read More]