There will likely be at least a quarter million new-car intenders this year who decide at the 11th hour not to buy, according to estimates from CNW Research, which studied the reasons these shoppers choose this path. What the firm found is that the proportion that goes for a used car instead is down marginally […] [Read More]

It’s 30 brands and counting for Hendrick Automotive Group, as it broke ground Monday on a new North Carolina dealership.   Audi Northlake, set to open in spring 2014, will become the newest addition to the Hendrick Luxury Auto Mall at Northlake, located in North Charlotte, N.C., and its first Audi dealership.   “Audi is […] [Read More]

Along with data about how many used-vehicle contracts written at franchised dealerships are bringing in some negative equity, Edmunds.com shed light on term length, APR and more about second-quarter used-vehicle sales at franchised stores. Edmunds determined the average APR in the second quarter came in at 8.2 percent, down slightly from the previous quarter when […] [Read More]

Increased connectivity for buyers is among the goals of the optimized IAA Buyer App for iPad, announced on Monday by Insurance Auto Auctions. The IAA Buyer App for the iPad will allow buyers increased connectivity and an easier interface, the company said, to create a more convenient and efficient buying experience. “IAA continues to invest […] [Read More]

J.D. Byrider announced a promotion on Monday, naming Jack Humbert to the position of vice president of franchise sales. The company called Humbert a “point man for franchised recruitment and multi-unit franchisee development.” Humbert has been with J.D. Byrider for three years, and helped in development as a senior franchise consultant and director of franchise […] [Read More]

The Automotive Industries Association of Canada recently announced it has a new director of collision programs. Appointed to the position is Leanne Jefferies, who brings experience in the operation of a collision repair facility, collision media editing and publication,youth programming and college liaison, according to AIA . Jefferies will also continue in her current role […] [Read More]

Multi-platform selling: the new water-cooler topic in the remarketing business, and an issue that many in the industry are keeping a close eye on. It’s an issue that’s been examined by different leaders of the business, including the International Automotive Remarketers Alliance, Auto Auction Services Corp., and Liquid Motors. Gus Xamplas, vice president of remarketing […] [Read More]

On Friday, Edmunds.com announced that its vice chairman, Jeremy Anwyl, has retired. Anwyl has been with the company for nearly 14 years and served as its chief executive officer for four years, before moving into the vice chairman role in late 2011. [Read More]

Many dealers would say the key to store improvement and success is listening to customer feedback. And now, Maritz Research has released a new mobile app that allows General Motors dealers to receive this valuable info on their smartphone or tablet devices. The new DealerPulse Mobile offering sends up-to-date feedback from customers straight to dealers […] [Read More]

So, you’re a dealer and a customer walks onto your lot looking for a used vehicle that is both fun and makes sense financially. A feature posted Friday to Edmunds.com might help — it offers 10 used vehicles that fit the bill, giving dealers an added selling point to move these models. [Read More]