DealerRater introduced a new product lineup last week that includes two new program upgrades to its Certified Dealer Program toolkit: ServiceEngage and 360Connect. “We’re always listening closely to the market and are pleased to introduce a carefully re-designed product portfolio that offers focused solutions to real challenges that dealerships face today,” said Jamie Oldershaw, DealerRater […] [Read More]

NADA announced today at its annual conference in San Francisco that it is expecting the lower cost of gasoline to continue to increase sales for light trucks in 2015. Original sales projections by the NADA predicted 16.4 million new-vehicle sales for 2014, which was on target – the association is expecting an estimated 16.94 million […] [Read More]

Manheim released its 2015 Used Car Market Report at the NADA Convention on Friday, highlighting a positive outlook for the used vehicle market heading into the new year. The company pointed out several key topics for 2014, including growth in wholesale volumes, new and used vehicles, and stability in wholesale pricing. Tom Webb, the chief […] [Read More]

Manheim announced today during the NADA Convention and Expo in San Francisco it has created a new wholesale-to-retail vehicle solution for dealers, as well as revealing a new partnership with Hendrick Automotive Group to create a multi-lane auction operation in North Carolina. The new wholesale-to-retail vehicle solution, which the company said was created with dealer […] [Read More]

Women-Drivers.com released the results of its 2015 U.S. Women’s Car Dealerships Report last week, and most of the metrics studied showed an increase in satisfaction among females while shopping for cars and purchasing these vehicles. According to Women-Driver.com data, women were responsible for buying over 13 million cars at new-car dealerships last year, which boils […] [Read More]

The ServNet Auction Group announced the recent expansion of its family of auctions with its 32nd auction location, Brasher’s Fresno Auto Auction. The California location was recently purchased by the Brasher family and hosted its first Brasher’s sale on Friday, Jan. 16. “It is with great pleasure that we welcome the newest member of the […] [Read More]

Auction giant ADESA recently announced that it has named a new senior vice president of strategic initiatives. John Hoctor has been chosen for the new SVP role. In this new role, Hoctor will be responsible for overseeing the company’s online dealer-to-dealer efforts, including both Dealer Connect and TradeRev in the United States, with a focus […] [Read More]

SiriusXM announced Friday at the NADA Convention and Expo in San Francisco that it has hit a milestone for its used-vehicle program. There are now over 15,000 dealers enrolled in the SiriusXM Pre-Owned Program. Through the program, customers purchasing any used vehicles with factory-installed satellite radio from a dealer enrolled in the SiriusXM Pre-Owned Program […] [Read More]

Taking a look at mobile trends, the 2015 Automotive Buyer Influence study from AutoTrader.com shows that 42 percent of recent car buyers used multiple devices to shop for cars last year. Mobile usage is expanding at a rapid rate as only 24 percent of car shoppers used multiple devices in 2013. AutoTrader explained the mobile […] [Read More]

Kelley Blue Book revealed this morning the 2015 winners of the annual Best Resale Value Awards, peppered this time around with trucks, SUVs and crossover models. “The entire list of Top 10 Best Resale Value vehicles is dominated this year by trucks, SUVs and crossovers, which is a testament to the strength these categories will […] [Read More]