While advocacy groups and federal regulators continue to be skeptical of the convenience and value dealers present at the F&I office, new data from Edmunds.com is showing the volume of work completed in that store department is climbing to levels never previously seen. Edmunds.com determined only about 23 percent of buyers in July completed a […] [Read More]

Hyundai Motor America announced recently that it has resolved a situation with the National Highway Traffic Safety Administration regarding the 2013 recall of certain Genesis sedans with brake fluid issues. NHTSA inquired about the recall, which affected approximately 43,500 Genesis sedans in the 2009-2012 model range, regarding the timeliness of reporting the issue. The company […] [Read More]

CarMax has chosen a new chief marketing officer and senior vice president, hiring Jim Lyski for the job, whose accolades include promoting The Scotts Miracle-Gro brand. The move is effective immediately, and Lyski now will be responsible for directing and managing all of the company’s marketing functions, including consumer insights and strategic direction, brand, creative, digital, […] [Read More]

Wholesale price drops steepened in July, falling by over 1 percent as we head toward fall. According to Black Book data, used-vehicle prices for model-years 2009 through 2013 depreciated by 1.5 percent in July. In comparison, prices in June fell by 1 percent on a monthly basis, according to Black Book. And each of the 24 […] [Read More]

As July CPO sales results come in, one luxury European automaker and a program launched in 2012 led the pack, with sales soaring year-over-year. Both Volkswagen Canada and Mazda Canada have seen strong certified sales every month this year and continued that growth last month. First up, VW Canada sold 1,440 certified units, up from 1,291 […] [Read More]

To get a bit more insight into what makes a Groupe Park Avenue dealership tick, Auto Remarketing Canada chatted with David Webber, vice president and general manager of Park Avenue Audi in Brossard, Quebec. This interview was part of the Auto Remarketing Canada Digital Magazine Leading Dealer Group Issue, which is set to be released […] [Read More]

There were 20 different brands represented among the more than three dozen segment category winners in the second annual Vincentric Best Certified Pre-Owned Value in America awards released earlier this week. That’s up from 17 different brands in last year’s inaugural list, but the key here, says Vincentric president David Wurster, is to compare this […] [Read More]

If you’re looking to get a dealer riled up, just ask him about his marketing plan. Here’s a quick sample of what I hear every day: “The more I put into marketing, the less I get back.” “Don’t tell me to invest more in marketing. Not until I see some kind of return.” “No one’s […] [Read More]

DealersLink recently partnered with Fox Rent A Car to offer direct access to off-lease inventory, meaning members of DealersLink can now tap straight into to Fox’s pre-auction inventory streams.  Executives also highlighted DealersLink members can receive preferred pricing from Fox Rent A Car. Members also can obtain the most current nationwide inventory list — which is updated hourly […] [Read More]

Re3 Conference co-presenting sponsor Primeritus Financial Services announced the dates for its second annual agent partner event. The forwarding company will hold the event at its new corporate office location in Nashville, Tenn., on Sept. 11 and  Sept. 12. Primeritus highlighted that more than 100 agent partners attended this event a year ago. “We are […] [Read More]