BSC America recently announced that its Bel Air Auto Auction has opened a new marshalling facility in Belcamp, Md., which is 11 miles from the auction’s main campus. The marshalling facility includes 14 paved and fenced acres and features three offices and five bays. It can accommodate 2,500 vehicles. [Read More]

Already drawing praise from top-ranking large dealer group leadership, Cadillac today announced enhancements to its certified pre-owned vehicle program, including higher levels of warranty coverage and benefits for owners and shoppers. Effective today, General Motors said Cadillac’s certified pre-owned vehicles will extend coverage to match the new vehicle bumper-to-bumper warranty for up to six years […] [Read More]

Gas and wholesale pre-owned prices are falling as car buying season gets underway — a winning combination for dealers. And as the weather continues to warm as we approach summer, Kelly Blue Book’s manager of market intelligence and market analyst Arthur Henry said its “a good time to be a car enthusiast.” In fact, on […] [Read More]

Why should a dealer read this? Recent events in North Carolina concerning retail dealers going out of trust with their floor plan providers should remind dealers that there is a severe limit on secure methods of wholesaling a vehicle to another dealer. With very few exceptions, in wholesale transactions, the State of North Carolina will […] [Read More]

Provider of vehicle leasing and fleet management solutions LeasePlace USA announced last week it has been named a No. 1 workplace by the Atlanta Journal-Constitution. This is the second time the Atlanta-based company has received this award in the mid-size company category. “Being recognized as the number one mid-size company, exemplifies the passion, expertise, respect […] [Read More]

When company leadership highlighted its first-quarter performance last week, Ally Financial discussed its objectives for continuing to work with Chrysler franchised dealers even though its exclusive agreement with the automaker expired on Tuesday. Ally Financial president Bill Muir acknowledged one of the biggest changes will be that the company no longer will arrange subvented leases […] [Read More]

In what the company calls a “highly anticipated” product release, DealerSocket has announced its new database-mining tool. The customer relationship management firm late last week noted the release of RevenueRadar, which uses DealerSocket technology. RevenueRadar features 11 queries called Radars, the company said, that continuously search the user’s database and send “Pings” when customers are […] [Read More]

NADA University extended the deadline to participate in the 2013 Dealership Workforce Study for a second time to accommodate many requests from dealer members. Now stores have until June 30 to participate. Officials from the National Automobile Dealers Association and American Truck Dealers reiterated this project is only study that compares a dealership’s compensation and […] [Read More]

Normal 0 false false false EN-US X-NONE X-NONE MicrosoftInternetExplorer4 FORT WORTH, Texas — General Motors Financial reinforced its allegiance to its parent automaker with moves revealed during its latest quarterly conference call. While acknowledging that competition is ramping up within its subprime used-vehicle financing business, GM Financial is making plans to roll out a prime […] [Read More]

LAS VEGAS — The buy-here, pay-here dealership industry continues to be a market segment eyed by U.S. Department of Justice investigators. Just last week, various online reports mentioned a high-ranking Justice Department official discussing BHPH dealers during regulatory panel discussion at George Mason University. And the Attorney General's 2011 annual report to Congress pursuant to […] [Read More]