The American Recovery Association recently reached a partnership with Harding Brooks Insurance and Northern Star Management to offer new benefits exclusively to all ARA members. Through this partnership, members will have the opportunity to take advantage of a variety of unique offerings, including performance-based dividend returns, interest-free payments and voluntary employee benefits such as life, […] [Read More]

The Charleston Auto Auction presented the Berkeley County Habitat for Humanity with a $5,000 check on Aug. 1 along with a commitment to assist in building a house. The check was given in the company of 500 dealers present prior to the start of the business’ weekly Friday auction. Laura Taylor, the general manager of […] [Read More]

Bankrate Inc. released its list of least and most expensive states to own a vehicle this week — with results that may surprise you. Although it has below-average repair, fuel and insurance costs, Wyoming marked the list as the most expensive state to own a vehicle. Why? Everything is so far apart — Wyoming residents […] [Read More]

During an early August conference call with the media, Kelley Blue Book senior analyst Alec Gutierrez said that leasing was accounting for a little more than 25 percent of all new-vehicle retail sales year-to-date, calling it a “key driver” behind the new-car market’s strength. That level beats 2013 lease penetration figures that averaged between 22 […] [Read More]

Trucks have held strong price retention throughout 2014, and Black Book’s Ricky Beggs says overall consistency remains a pattern in segment price trends. In the Black Book editorial director’s latest “Beggs on the Used Car Market” video, he reports that last week the prices for trucks fell by an average of $49, or 0.31 percent, […] [Read More]

Dealers, it seems, are exploring a bevy of alternative avenues to acquire used-vehicle inventory like dealer-to-dealer trade networks, online auctions and multiplatform remarketing, as well as websites where they can generate trades directly from consumers. At the same time, more traditional routes like working the trade-in and the brick-and-mortar auction sales are a strong mainstay […] [Read More]

National Highway Traffic Safety Administration officials said problems triggered by the use of winterized fuel prompted Volkswagen of America to recall more than 150,000 crossovers. Volkswagen is recalling the Tiguan from the 2009 through 2014 model years that were manufactured from July 2007 through June of this year. The recall encompasses a total of 151,389 […] [Read More]

AutoCanada announced its second-quarter results late last week, showcasing a same-store used-vehicle retail revenue increase of 9.9 percent. The group also made their largest acquisition to date by acquiring the Hyatt Group of Dealerships in Calgary while also adding their first BMW and Mini dealerships by securing BMW Canbec and Mini Mont Royal. AutoCanada was […] [Read More]

No one has ever asked our firm to “find someone average.” Employers are always seeking high-performing employees. The best indicator of future performance is past performance. To help identify the high performers we like to ask “intelligent interviewing questions” to help determine a candidate’s past job performance and ability to thrive with our client. Coupled […] [Read More]

Intersection Technologies’ F&I Express recently added American Guardian Warranty Services (AGWS) to its aftermarket e-contracting platform. Executives highlighted the enhanced F&I Express functionality is free to all AGWS agents and dealers. AGWS is a provider of administration services for dealers and marketers offering vehicle service agreements, limited warranties and a variety of environmental and aftermarket […] [Read More]