Jeff Baker came away from the auction at the recent National Independent Automobile Dealers Association Convention and Expo in Las Vegas as the owner of a beautiful truck. And what did he plan to do with it? “I haven't got a clue what I'm going to do with it,” he said. “I have no idea.” […] [Read More]

While fears of vehicle depreciation have not changed much in eight years, it appears the likelihood a consumer regrets the specific vehicle he or she bought has climbed. That’s according to a Google Consumer Survey fielded on March 29 and commissioned by CarMax, which examined car-buying preferences and attitudes of online consumers who have purchased […] [Read More]

Digital marketing solutions provider LotVantage has introduced Business Listings and Reputation Management, two new software products that aim to help dealerships retain higher conversion rates and accuracy online. “LotVantage is in the business of providing scalable digital marketing solutions with a high ROI to our customers,” LotVantage president and chief executive officer Matthew Brown said […] [Read More]

Perhaps one day, self-driving vehicles will be coming down the off-rental lanes at the auctions you most frequent. On Monday, Avis Budget Group announced that it has signed an agreement with Waymo to offer fleet support and maintenance services for Waymo's self-driving car program at Avis Car Rental and Budget Car Rental locations. Under the […] [Read More]

VinSolutions is set to host its annual VinWorx User Summit on July 11 and July 12 at the Sheraton Kansas City Hotel at Crown Center in Kansas City, Mo. The two-day summit provides attendees training on improving CRM utilization and how to use data to increase customer retention.  "Automotive and marketing trends are changing on […] [Read More]

Larry H. Miller Dealerships recently acquired a Nissan store in Denver, making the city the group’s largest market outside of its Salt Lake City headquarters. The Nissan store is located at 2400 W. 104th Avenue in Denver and has been renamed Larry H. Miller Nissan 104th. This purchase follows four years of continued growth within […] [Read More]

As expected, embattled airbag maker Takata late on Sunday filed for bankruptcy protection in the United States and confirmed plans to sell many of its assets to Michigan-based Key Safety Systems (KSS). Company news releases indicated Takata’s Chapter 11 bankruptcy process in the U.S. will be completed in the first quarter of 2018 as an […] [Read More]

GWC Warranty, a provider of used vehicle service contracts and related finance and insurance products sold through dealers, recently announced the addition of Andrew Roke as its new product manager. As a member of the marketing department, the company highlighted Roke will be responsible for managing GWC’s suite of products while evaluating new opportunities for […] [Read More]

The sentiment from dealers who participated in the latest survey from KeyBanc Capital Markets matched up with what CarMax executives recently shared about how potential subprime buyers are behaving. Then, KeyBanc analysts projected what these same potential subprime customers could do during the second half of the year based on a pair of expectations. First, […] [Read More]

The Cars.com annual ranking of the "most-American" vehicles has not only been revamped this year, but for the first time, the Jeep Wrangler/Wrangler Unlimited tops the company's list, followed by the Jeep Cherokee in second place. All engines and roughly all transmissions for the Ohio-built SUVs from Fiat Chrysler Automobiles originate from the U.S., according to Cars.com. The models’ […] [Read More]