MD Johnson, which provides guidance on purchase, sale, analysis, succession, valuation and restructuring of dealerships, recently helped to orchestrate the successful sale of BMW of Tri Cities from Tim Bush to Ralph Martinez. Officials indicated the dealership will remain named BMW of Tri Cities at its current state of the art facility off of Interstate 82 […] [Read More]

Porsche Financial Services announced Thursday its agreement with Safe-Guard Products International to offer a fully branded suite of Protection Plan Products through Porsche, Bentley and Lamborghini dealers in the United States. Non-Porsche products for Bentley and Lamborghini pre-owned vehicles, at participating dealers, will use the QualityShield name as a non-branded private label program. “Safe-Guard is […] [Read More]

Texoma Hyundai of Sherman, Texas, ranked No. 1 in service customer satisfaction in the U.S. for 2014, marking the second year in a row the dealership was the national champion for the Hyundai brand. The store bested more than 820 Hyundai dealerships to notch the title. "We are proud of the service department at Texoma […] [Read More]

Selling cars becomes more and more like running an electronics store every year with the massive amounts of in-car technology becoming prevalent. Cars today can do things like tell you where to go, control the temperature, beam your favorite songs from space and protect you from that car in your blind spot that you missed […] [Read More]

If you’re an F&I manager, how many times have you seen a weary buyer arrive in your office ready just to take delivery and depart the dealership? But it’s your job still to make the pitch, right? As frustrating of a situation that might be for store personnel, a new study from MakeMyDeal, a Cox […] [Read More]

As analysts offered some assessments of what moves the Federal Reserve might make, data through March generated by S&P Dow Jones Indices and Experian indicated auto loan default ticked lower on a sequential basis but edged up slightly year-over-year. The auto loan reading for March came in at 1.03 percent, 3 basis points lower than […] [Read More]

This week, Reynolds and Reynolds launched the Reynolds LAW Massachusetts F&I Library, a comprehensive catalog of standardized, legally reviewed finance and insurance documents. The LAW library was developed by Reynolds Document Services in conjunction with the Massachusetts State Automobile Dealers Association (MSADA). “We are pleased to collaborate with the Massachusetts State Automobile Dealers Association on […] [Read More]

Where were you Monday and Tuesday of this week? Chances are either you or your colleagues traveled to the 8th annual Auto Remarketing Canada Conference in Toronto, presented by CarProof. This year, the conference was once again held at the Westin Harbour Castle, touting 735 registered attendees, 284 of which were dealers. These numbers illustrate […] [Read More]

Carmigo recently announced the launch of its car shopping website of the same name, Carmigo.com, aimed at allowing car shoppers to shop from anywhere they have Internet access with no fee. “When you shop through Carmigo, you build your car online, choose which dealerships you would like to engage with and then salespeople from the […] [Read More]

In a move announced on Wednesday aimed at mitigating risk for finance companies, Digital Recognition Network (DRN) and Recovery Database Network (RDN) said that RDN recently embedded DRN’s Address Scoring solution into the provider’s asset recovery management platform. Company executives highlighted that embedding Address Scoring into RDN can provide finance companies with valuable information earlier […] [Read More]