From automakers to state dealer associations to finance companies, the automotive industry is answering the urgent call for resources to help victims caught in the path of Hurricane Harvey. One of the largest single commitments came from the collaboration of Toyota Motor North America (TMNA), Toyota Financial Services (TFS), The Friedkin Group, Gulf States Toyota […] [Read More]

MetroGistics has brought on Susan Moritz as vice president of business development to head the company’s OEM and Mega Dealer business segments. Moritz brings over 25 years of experience in the automotive industry to her new role, according to the company. Last year, Auto Remarketing named Moritz a Women in Remarketing honoree. She joins MetroGistics […] [Read More]

Data from Jumpstart Automotive Media's latest shopper insight reports reveals that longer ad campaigns see higher click-thru rates and, athough loyalty has continued to recently drop for entry luxury sedans, the segment remains the No. 1 most-shopped luxury segment on Jumpstart sites. Interestingly, while loyalty for entry luxury sedans is down 7-percent from the same […] [Read More]

A recent survey of dealers showed how some operators are struggling to understand the complexities of F&I programs, resulting in limited penetration during vehicle deliveries. Protective Asset Protection, which operates dealer-owned warranty programs (DOWC) and other F&I products for dealers, recently conducted an online survey of 1,500 dealer professionals in the U.S. When asked about […] [Read More]

As auctions in the region continue to modify their businesses in the wake of Hurricane Harvey, Black Book shared an estimation on Thursday morning that 500,000 to 1 million damaged vehicles will have to be replaced in the city of Houston and surrounding regions. The National Weather Service said on Wednesday that the storm dumped […] [Read More]

Morrie’s Automotive Group announced Wednesday plans to expand in the Midwest with the addition of five new locations and six new brands. The new dealerships, which will be located in Minnesota and Wisconsin, will be opened by the end of 2018. New locations will include: Volkswagen La Crosse and Audi Lacrosse in La Crosse, Wis.(opening September) […] [Read More]

Assurance, tax, transaction and advisory services provider EY is looking to make a connection of blockchain technology with vehicle-fleet management. On Wednesday, EY today announced the launch of Tesseract, an integrated mobility platform underpinned by blockchain technology. The company highlighted the platform is designed to facilitate fractional vehicle ownership, shared use and seamless multimodal transport. […] [Read More]

Both portions of the RVI Group’s latest analysis of wholesale prices showed an upturn from June to July but softening versus year-ago figures. The RVI Used Vehicle Price Index (Real) increased from June to July by 0.9 percent. However, when compared to July of 2016, prices were down by 3.8 percent. The firm’s Used Vehicle […] [Read More]

Autotrader announced that for every red, white or blue vehicle that is saved on its website from Labor Day through Sept. 30, it will donate $1 to The Mission Continues organization in support of veterans. Autotrader said it will gift up to a total of $25,000 to the organization, which helps U.S. military veterans to find purpose […] [Read More]

Solar technology provider SunPower is now working with dealerships across the country to put empty rooftops and parking lots to better use with cost-saving, high-efficiency solar energy systems. In addition to producing enough energy to significantly curtail dealership's electricity costs, SunPower said systems serve a dual purpose because solar panels can also protect what’s beneath […] [Read More]