South Bend Mishawaka Auto Auction earlier this week joined the network of more than 70 independent auctions that are a part of AuctionPipeline. In addition to listing premium late-model inventory, South Bend Mishawaka AA highlighted that it will be offering vehicles online with the EDGE Simulcast product from Auction Edge. “Through the years, we have […] [Read More]

This week, the Louisiana Automobile Dealers Association selected NADART as its preferred retirement plan administrator. Officials explained NADART — the retirement plan and benefits division of the National Automobile Dealers Association — and LADA will work together to deliver a selection of investment and employee benefits options specifically targeted to dealer businesses and their employees. […] [Read More]

Mobile management of dealers’ work orders, invoices and inventory could get easier with a new tool released by Socket Mobile. The mobile productivity solution firm on Tuesday announced the availability of Apple-certified, laser-based versions of its Socket Bluetooth Cordless Hand Scanner, a wireless barcode scanner for smartphones and tablets. The company said the new scanners […] [Read More]

SANTA MONICA, Calif. — Nearly half of the markets represented among the Top 10 for the highest monthly auto loan payment for a new model in April are located in the same state, according to Edmunds.com. And popular vehicles sold in those areas appear to be pickups. "It's no secret that April was a good […] [Read More]

SCHAUMBURG, Ill. — Loans to deep subprime buyers jumped in the first quarter. So did 30-day and 60-day delinquencies as well as repossessions. The latest State of Automotive Finance report from Experian Automotive showed that 30-day auto loan delinquencies rose 1.3 percent, 60-day delinquencies increased 12.4 percent and repossessions rose 16.9 percent when compared with […] [Read More]

LAS VEGAS — The National Alliance of Buy-Here, Pay-Here Dealers is still giving operators the chance to attend at least part of its upcoming Dealer Academy and National Conference. NABD is offering day passes for the events that begin Sunday at the Wynn in Las Vegas. The price breakdown is as follows: —Sunday for the […] [Read More]

CINCINNATI — DriveItNow, a provider of online monthly payment marketing technology, described its new patent-pending Shop-By-Payment service as one aimed at "totally changing" the way consumers shop for vehicles on the Internet. How? DriveItNow says its new Shop-By-Payment service flips the buying process by taking the shopper's credit, their desired monthly payment and dealer's finance […] [Read More]

Most of the metrics included in the latest RDN Monthly Analytics Update indicated downward movement in April. Analysts said April recovery volumes dropped 2 percentage points versus the March level. However, the April reading came in 7 percentage points higher than the year-earlier mark. RDN noticed more declining patterns in terms of recovery orders. April […] [Read More]

U.S. News & World Report expanded its relationship with TrueCar on Monday. Officials explained U.S. News is now incorporating ClearBook, TrueCar’s full-featured used-vehicle valuation tool, in various places on the U.S. News Best Cars website. TrueCar will be the exclusive provider of trade-in value and used-vehicle estimated market value data and pricing to 30 million […] [Read More]

CarMax leadership restated how it measures performance of a new store in light of the company taking applications for personnel to operate a facility it will open later this year in Tennessee. CarMax is looking for personnel to staff the company’s new store in Jackson, Tenn., the company’s first store in the city and its […] [Read More]