Officials from www.OnlineBKmanager.com made what they called “significant” improvements to their Web-based marketing software.  After 18 months of development and programming, OnlineBKmanager.com now has the ability to deliver bankruptcy leads to franchised dealers on a daily basis. Upgrades also include improvements to the company’s exclusive multi-step lead cleansing process. “We are proud to announce the […] [Read More]

GWC Warranty, a provider of vehicle service contracts and related finance and insurance products sold through dealers, recently announced a strategic alliance with National Auto Lenders (NAL), a non-prime auto finance company. Officials highlighted GWC’s partnership with NAL represents the company’s continuous commitment to bringing the “No Worries” experience to dealers and their customers nationwide. […] [Read More]

The results of ALG’s 7th annual Canadian Residual Value Awards were announced today, with Land Rover and Subaru coming out on top. Land Rover and Subaru, known for its loyal customer base, took home the awards for overall Premium Brand and Mainstream Brand, respectively. When it comes to segment awards, Toyota and Lexus reigned supreme, […] [Read More]

Dealer groups are getting bigger. For example, just since the year began, AutoNation acquired stores in Nevada and Georgia, while Group 1 Automotive reached what it called an “amicable and mutually beneficial settlement agreement” to finalize a deal for a luxury dealership in Florida. KeyBanc Capital Markets focused on three elements while explaining why mergers […] [Read More]

New vehicles won’t be the only debut made by Toyota in Chicago this month. Tuning into the spirit of Valentine’s Day, Toyota has announced Monday it will spreading the love by bringing insulated winter boots and socks to residents of The Salvation Army Evangeline Booth Lodge in Chicago for its “Toyota Walk In My Boots” […] [Read More]

The top bidder for a motorcycle at ADESA’s auction during the recent NADA Convention and Expo in San Francisco at the end of January will ride it across the country to raise further funds for various charities. Greg Noonan, who won the 2012 Harley-Davidson Heritage with a $20,000 bid, will further contribute funds raised from […] [Read More]

CarMax Inc. announced Tuesday that it has begun the recruitment process to fill over 2,500 positions at its locations in the United States. The majority of the available positions are in sales, with others in service, purchasing and in the business office. The positions will include full- and part-time work schedules as well as day […] [Read More]

The first week of February continued what analysts are calling “mild” depreciation to start off the new year. In January, depreciation rates were mellow, as dealers readied for the tax season. That’s according to Black Book’s latest depreciation report, which shows the average price for a used vehicle for model years 2009-2012 saw prices drop […] [Read More]

Penske Automotive Group announced this week it has renamed its U.S.-based commercial vehicle dealership business to Penske Commercial Vehicles, US. The company also revealed its choice for leadership of this newly defined business branch, picking Richard Shearing as the new president of Penske Commercial Vehicles, US. Shearing is coming over from Daimler Trucks North America, […] [Read More]

Digital Recognition Network is hosting three opportunities through free webinars to learn more about the four ways recovery efforts can be enhanced through DRN’s location reports that now contain phone numbers. During a 30-minute webinar, DRN director of collections and recovery Marc Ahlers plans to explain how the solution is capable of: — Improving first-contact […] [Read More]