Similar to what Penske Automotive offered, Sonic Automotive recently provided an update on the impact Hurricanes Harvey and Irma likely had on its operations. The details came as Sonic prepares to release its complete third quarter financial results on Oct. 24. Sonic reiterated that it has 19 franchise stores and five collision repair centers in […] [Read More]

With more shoppers spending time online before ever arriving at the showroom, Cars.com highlighted the six improvements the vehicle listings site recently completed. Cars.com explained that it has unveiled an improved search experience for its users, streamlined its search results pages, enhanced its vehicle inventory pages with rich visualization and expanded its suite of pricing […] [Read More]

The National Automobile Dealers Association relayed a warning from the Internal Revenue Service about the latest tax-related activities generated by unscrupulous entities on the Internet. The IRS warned all e-services users to beware of a new phishing scam that tries to trick tax professionals into “signing” a new e-Services user agreement. The phishing scam seeks […] [Read More]

In light of what’s happening nowadays in the credit bureau space, TransUnion’s latest acquisition is aimed at bolstering its arsenal against fraud. TransUnion recently announced that it bolstered its data and analytics capabilities with the acquisition of eBureau, a leading provider of custom-analytic solutions with both credit-risk and anti-fraud applications. The company highlighted eBureau’s rapid-model-development […] [Read More]

Cox Automotive presented its third annual Leader in Sustainability Award to Motorcars Honda this past week. The award, which was given out at the at the 2017 Automotive News Best Dealerships to Work For celebration, honors dealerships that promote green business practices and make a difference through community service. The dealership will receive $10,000 to fund a sustainability […] [Read More]

Perhaps the recent hullabaloo about a potential used-car price collapse was much ado about nothing. Retention values for 1- to 3-year-old vehicles in 2017, as calculated by Kelley Blue Book, were at 56 percent at the beginning of October, which is slightly ahead of year-ago levels (55 percent). “The lack of normal depreciation in used-vehicle […] [Read More]

The Federal Emergency Management Agency said Friday that during the next seven days, 20 million meals and more than 11 million liters of water would be arriving on Puerto Rico.    After confirming the safety of all 30 employees on the island, Cox Automotive put in motion a variety of initiatives to help the Manheim Caribbean team […] [Read More]

Auto Remarketing has named its 2017 CPO Dealer of the Year, an award presented by ADESA. Earning this year’s honors is Kia of Irvine. For three consecutive years, the California dealership has been the automaker’s top seller of certified pre-owned vehicles nationwide. And Kia of Irvine might make it four in a row in 2017, […] [Read More]

Just weeks before the holiday season approaches, Autotrader has come out with its top picks for certified pre-owned deals in October.  That list includes attractive incentives from BMW, such as comprehensive coverage with no mileage limit at the end of the original four-year/50,000-mile warranty that's included on all new BMW models. "One advantage for shoppers […] [Read More]

With President Trump evidently having no objections to seeing the North American Free Trade Agreement (NAFTA) potentially disappear, the American International Automobile Dealers Association (AIADA) expressed great concern over the impact changes to the policy involving the U.S., Canada and Mexico would likely have on the cost of vehicle prices. This past Wednesday, Trump hosted […] [Read More]