Demonstrating what the companies say is the tremendous power of long-term collaboration, RMS Automotive and Mazda Motors UK this year are celebrating a decade-long partnership highlighted by innovation and performance-driven results. In that time, RMS Automotive has helped Mazda sell more than 14,500 vehicles and reach more than 75 percent of the Mazda Dealer Network […] [Read More]

J.D. Byrider announced a major change in leadership on Tuesday as the franchise network of buy-here, pay-here dealerships recently appointed Craig Peters as chief executive officer, replacing Steve Wedding, who served the company for 25 years. The company indicated Wedding will support the transition as an advisor to the J.D. Byrider board of directors. Most […] [Read More]

U.S. Porsche is the latest brand to sign on with automotiveMastermind to implement its predictive analytics technology, which can provide dealer sales teams with key insights and valuable consumer information unique to car shoppers, the company announced on Tuesday. “Stunning vehicles like the 911 and Cayman models continue to demonstrate that Porsche is committed to delivering […] [Read More]

Along with some other anecdotes about what’s happening in the lanes, the latest Black Book Market Insights report indicated the truck segment as a whole is remaining fairly stable. Editors found that three vehicle categories within the truck segment increased their values last week, including the sub-compact crossover, midsize crossover/SUV and full-size pickup. “Small cars […] [Read More]

J.D. Power Valuation Services (formerly NADA Used Car Guide) recently rolled out a white paper aimed at tackling two important questions when it comes to the impact off-rental has on the wholesale market. Analysts explained that the percentage of total new vehicle sales sold to rental companies — what is termed rental fleet penetration (RFP) […] [Read More]

If you have certified pre-owned units with alternative powertrains, the spring issue of Perspective from J.D. Power Valuation Services (formerly NADA Used Car Guide) offered some insight into why it might be difficult to turn that vehicle. Before it became that CPO model, J.D. Power analysts explained that alternative segments generally have weaker demand and […] [Read More]

Stemming from some of the feedback organizers shared, the National Alliance of Buy-Here, Pay-Here Dealers completed its mission during the 19th annual National BHPH Conference last month in Las Vegas. John Baughman of Lake Erie Auto Credit said, “I wanted to come away with at least one idea that would help our business. I got […] [Read More]

EFG Companies recognized independent stores that turn about 50 vehicles monthly need the same F&I resources as franchised stores that watch two, three or four times that many units roll over the curb each month. It’s why the company announced the launch of its virtual F&I model, Simplicity Finance and Insurance. With Simplicity Finance and […] [Read More]

For the third year in a row, Donlen has been recognized by the National Association for Business Resources (NABR) as one of Chicago's Best and Brightest Companies to Work For, the company recently announced. Dolen and other winners will be honored at a symposium and awards celebration on July 17 at the Chicago Marriott Southwest at […] [Read More]

Monday morning was a “surreal” moment for Cars.com chief executive officer Alex Vetter and company. Cars.com leadership and a handful of dealerships were on hand at the New York Stock Exchange to ring the Opening Bell, in what Vetter calls a “defining day for our company.” Cars.com wrapped up its spinoff from TEGNA on Thursday […] [Read More]