LAKE SUCCESS, N.Y. — Dealertrack will host a free compliance webinar to serve as a wrap-up of 2012 developments and to discuss important changes in compliance regulations dealers likely will encounter this year. The session is scheduled for 2 p.m. ET on Thursday. This webinar will be hosted by Dealertrack compliance counsel Randy Henrick. Dealertrack […] [Read More]

Dealer software company AutoManager Inc. said this week it is offering a a bundled subscription to its DeskManager DMS and WebManager online marketing tool. This new offering starts at $600 for six months. AutoManager chief executive officer Kami Tafreshi contends AutoManager Suite is “the first of its kind to target the coveted $100/month price point […] [Read More]

These days there are a million numbers we can manage in a dealership. Front-end average gross, back-end average gross, turn time, days’ supply, VDPs, SRPs, click-through rate … and the list goes on. These are all important metrics that can definitely tell a lot about the success of a dealership. But what if I told […] [Read More]

Looking back at 2012, used-vehicle prices continued their upward climb for the fourth consecutive year, according to NADA Used Car Guide’s latest Guidelines report. And elements outside of the market contributed to late-year price hikes, as well, as the effects of Hutrricane Sandy pushed the average price of vehicles up to eight years old up […] [Read More]

Toyota is welcoming a new manager in its certified pre-owned department on Monday, Auto Remarketing has learned. Mia Phillips, the retail sales and operations manager for TCUV/TRAC, is moving over to Toyota’s product communications department. Stepping into her CPO leadership position is Rob Larson, who has been with the automaker for 15 years.    [Read More]

Which consumers are sticking by their ride’s side? Experian Automotive revealed today the Q3 2012 Loyalty and Market Trends report, which highlighted two of Ford’s models as having the most brand-loyal owners: the Ford Fusion and the Ford Flex. These two models took the top two spots for brand loyalty at the model level during […] [Read More]

All eyes were on new product launches and redesigns as the North American International Auto Show got underway Monday in Detroit, but ALG’s Eric Lyman peeled back the onion a bit to look at what kind of used-car values these rides might hold a few years down the road. Here’s what the vice president of […] [Read More]

Business in the lanes this past week was reported as being “pretty steady” with an increasing number of price hikes, according to Black Book’s Ricky Beggs. The managing editor explained in his latest, “Beggs on the Used Car Market” video report that, last week, the average number of vehicles adjusted each day was 1,840. “Since […] [Read More]

ADESA said Monday that dealers and buyers at any of its U.S. locations can now utilize the services of transportation company CarsArrive. ADESA announced that CarsArrive has been integrated at all of its U.S. auction locations, a process which began more than a year ago. Commenting on the news, Tom Caruso, president and chief executive […] [Read More]

Enterprise Car Sales, which specializes in working with credit unions of all sizes to increase auto loan volume, said it generated a total of more than $380 million in loan volume for credit unions through used-vehicle sales to more than 23,000 credit union members during 2012. Officials indicated the loan volume generated is 15 percent […] [Read More]