The North American International Auto Show last week brought many new redesigns to the forefront of the industry and consumers’ minds, alike. News of new in-car technology, redesigns and cutting edge alternative fuel concepts flowed through the media just last week. But will the NAIAS and all the new products that are set to hit […] [Read More]

ServNet is celebrating its 25th anniversary this year, tracing its growth as a group, marking its contributions to the industry and stressing its collective commitment to independent ownership and superior service. Initially conceived as a way for independently owned auctions to increase their national visibility, ServNet has grown to include the nation's leading independent auctions […] [Read More]

GE Capital Fleet Services said on Tuesday that it identified $460 million in customer cost savings last year with accelerated and optimal replacement analyses cited as the leading areas for savings. By analyzing customers’ fleets to maximize efficiency and reduce costs, GE Capital has identified a total of $1.4 billion in potential savings opportunities for […] [Read More]

As dealerships search for ways to be more environmentally friendly and energy efficient, the companies that serve them are searching for innovative solutions, such as going paperless. One of these companies, Digital imaging solutions firm Canon U.S.A. Inc. revealed Tuesday the launch of Canon Solutions America Inc. — a wholly owned subsidiary of Canon U.S. [Read More]

Normal 0 false false false EN-US X-NONE X-NONE CLEVELAND — As the largest publicly traded dealer groups prepare to make their fourth-quarter and full-year financial statements, a KeyBanc Capital Markets' investor guidance survey gave an upbeat projection of what these stores accomplished in the finance office. KeyBanc indicated an overwhelming majority (76 percent) of respondents […] [Read More]

Normal 0 false false false EN-US X-NONE X-NONE RALEIGH, N.C. — A dealer has to be concerned with advertising regulation and rules while marketing his own vehicles, but also needs to be careful when enlisting the help of others. A recent case that dealt with a Louisiana-based marketing firm allegedly pitching false sales events and […] [Read More]

Normal 0 false false false EN-US X-NONE X-NONE OAK BROOK, Ill. — Dale Pollak and Todd Kinzle from vAuto are hosting a free webinar for used-car managers and other dealer executives aimed at helping to ease the challenge of purchasing the "right" auction vehicles for the "right" money in today's competitive wholesale environment. The one-hour […] [Read More]

Normal 0 false false false EN-US X-NONE X-NONE DETROIT — As a way to give the next generation a glimpse of the auto loan process, Ally Financial is providing local students the tools for making dream cars a reality by teaching them how to budget for their own vehicles at this year's North American International […] [Read More]

Results from a recent survey showed it might be the woman in the family who can best assess if auto loan terms, especially the monthly payment, can fit into the household budget. Findings from a poll commissioned by Working Mother and Chase Card Services showed 59 percent of working mothers say they manage household expenses […] [Read More]

Ten of the nation’s 12 Federal Reserve Districts posted car sales in late 2012 that were at least “steady,” with several of these regions actually enjoying more robust figures to cap the year. That’s according to the Fed’s latest Beige Book report, which said “strong sales” were cited in the latest reporting period by the […] [Read More]