The DARCARS Automotive Group announced Monday that it has added Honda of Bowie to its list of franchises, bringing the overall tally to 38 franchises in more than 20 locations. Labeling itself as the largest group of car dealerships in the greater Washington, D.C., metropolitan area, DARCARS also said that the Honda dealership will immediately […] [Read More]

The International Automotive Remarketers Alliance has issued an open letter to the industry designed to “advocate for the establishment of a cross bidding multi-platform online remarketing solution,” a position the alliance says 20 of 23 responding IARA consignors supported in a recent survey of its U.S. consignor members. The IARA lists 13 consignor member it says have […] [Read More]

After being added to Kia’s digital provider list in October, Netsertive announced Monday a new automaker partnership. The digital marketing company has been selected by Mazda as the fourth approved partner for the Mazda Digital Advertising Program, which launched in 2014. “We are excited about the opportunity to be working with Mazda and continuing to […] [Read More]

Investment analysts thought Credit Acceptance Corp. leadership would be a good source to gauge what might be in the subprime auto finance space and gather any clarity about whether turbulence might be ongoing. Rather than just offering his opinion, chief executive officer Brett Roberts pointed to Credit Acceptance data that compared the company’s forecasted collection […] [Read More]

For the second time in four months, the National Automobile Dealers Association has stated the Consumer Financial Protection Bureau squashed efforts to make public a number of leaked agency documents that NADA contends might undermine many of the agency’s long-running claims that it is not attempting to regulate dealers in circumvention of the Dodd-Frank Act. […] [Read More]

F&I Express announced two more companies joined its aftermarket product network. The newest additions to the network of nearly 100 product providers in an online portal accessible by dealers are Florida-based United States Warranty Corp., and Dent Wizard, a provider of automotive SMART (small to medium area repair techniques) reconditioning services and paintless dent repair […] [Read More]

Porsche Canada announced today it has broken ground on the site that will be home to a new Porsche Center as well as the company’s new headquarters. The new dealership will be the fourth greater Toronto area Porsche Center, and will house the brand’s first training center in Canada. The training center will feature two […] [Read More]

Really, anywhere that Howard Segal has gone, there have been cars. His job as a youth at the gas station, pumping fuel at age 13. Following the footsteps of his older brother, the southern New Jersey native then became a mechanic in his late teens. That eventually led to the dealership world, auto finance and […] [Read More]

To borrow from “Sesame Street,” one of these things is not like the others. Surrounded by mostly trucks and larger vehicles, the model at the top of the heap of auction price strength in the third quarter was the Nissan LEAF, according to Kelley Blue Book. Its latest Blue Book Market Report indicates that KBB […] [Read More]

In the last seven years, the average age of vehicles on the road in the U.S. increased by 15 percent to 11.5 years. How will that rate change in the next five years? According to Mark Seng, the global aftermarket practice leader for IHS Automotive, the company’s prediction is an increase in overall average age […] [Read More]