National Automobile Dealers Association (NADA) and the National Independent Automobile Dealers Association (NIADA) both celebrated this week when the U.S. Supreme Court made a ruling in their favor. The associations recapped that on Monday the Supreme Court ruled automotive service advisers are not covered by the Fair Labor Standards Act’s overtime pay requirement, the final […] [Read More]

While compact cars continue to have the most affordable monthly lease payment, Wantalease.com is noticing that actions by automakers to keep trucks and SUVs attractive are spilling over into trends on its site. Wantalease.com reported that the Nissan Sentra is currently priced the lowest of all vehicles, coming in at just $109 per month for […] [Read More]

Auction Edge announced Wednesday that the company will be the sole technology provider for Wolfe’s Auto Auctions’ auction systems, online presence and online sales. Following Auction Edge software training earlier this year, installations began at Wolfe’s Auto Auctions’ Terre Haute location, followed by Evansville and then South Bend. Auction Edge said the three locations were […] [Read More]

Credit union members now can use the help of another familiar industry name when they're shopping for the next vehicle. GrooveCar announced a new partnership with Kelley Blue Book on Thursday that will provide credit union members access to the KBB Price Advisor tool via the GrooveCar platform. The platform for credit union members can […] [Read More]

Granted, March tends to bring the year’s best certified pre-owned sales results anyway, but the CPO market was especially impressive last month, showing no signs of leveling off.   In fact, last month had the strongest CPO sales total of all time, according to Autodata Corp., which said dealers moved 258,970 certified vehicles in March. […] [Read More]

Dent Wizard International announced Thursday that it has promoted company chief operating officer Mike Black to chief executive officer.  Black succeeds former Dent Wizard CEO, Terry Koebbe, who will advise the senior management team and help with merger and acquisition efforts as company chairman. “Mike has done an incredible job in his seven-plus years as […] [Read More]

According to Statistics Canada, the average Canadian household spends an average of $11,000 annually on private transportation. Vehicles are typically the second most expensive asset owned, after a home, and buying a vehicle is a significant event in a person’s life. Through the car-buying process, Canadians want trust, reliability and an agreement that they’re comfortable […] [Read More]

What dealers are experiencing in the lanes during the spring market didn’t exactly show up in the latest Black Book Used Vehicle Retention Index. Black Book released its Used Vehicle Retention Index for March on Thursday, showing that it fell 1.2 percent for the month to register at 112.0, down from the February reading of […] [Read More]

The American Bankruptcy Institute highlighted that filings softened year-over-year in February but marked a sequential rise. According to data provided by Epiq Systems, ABI indicated total bankruptcy filings for February decreased 3 percent versus the same month last year. The 56,694 total filings in February were down from the 58,392 total filings during in February […] [Read More]

Cox Automotive Canada announced Monday that a new partnership with Otolane allows dealers throughout Ontario and Quebec to co-list pre-owned vehicles with both Manheim.ca and the Otolane digital marketplace. Montreal-based Otolane facilitates the selling process via a platform that provides real-time 60-minute online auctions under a unified cloud environment. The digital marketplace also features helpful […] [Read More]