Texas Lone Star Auto Auction today announced the appointment of a new regional sales director for the company. Named to the post, and with a career that has spanned more than 13 years in the remarketing industry, is Kelly McAllister. McAllister most recently held assignments at a national auto auction, and during his career has […] [Read More]

Successful dealers have a wide array of skills. They know how to acquire inventory, appraise trade-ins, work out contracts in the F&I office and more. Getting a handle on social media? That’s a store operation which principals and managers are still wrangling with, especially when it comes to improving the situation in their used-vehicle or […] [Read More]

The average age of vehicles on the road continued to rise during the last quarter of 2012, according to data from Experian Automotive. During a webinar last week, the company reported that the average age of vehicles in the fourth quarter of 2012 was 10.4 years, up from 10.2 in the same period of 2011. […] [Read More]

A federal class-action lawsuit was filed against Ford Motor Co. in West Virginia late last week for what plaintiffs’ attorneys have said are alleged defects causing unintended acceleration. The suit includes plaintiffs from 14 states and was filed by Grant & Eisenhofer P.A. — as well as other firms — in the U.S. District Court […] [Read More]

Honoring the best in service quality, Volkswagen of America is sending national champions from four different dealerships across the U.S. to compete in the automaker’s Retail Qualification World Championship next month in Wolfsburg, Germany. The four champions from the U.S. taking part in the international competition are: — Service Consultant National Champion: Virko Tammaru from […] [Read More]

Auto dealerships face plenty of uncertainty regarding their business every day. How competitive is your pricing? How effective is your marketing? Do you have sufficiently trained staff? Do you have enough inventory? It would be great if you had one less worry: wondering if you’ve selected the right vehicle carrier. There are plenty of ways […] [Read More]

In response to the recent guidance from the Consumer Financial Protection Bureau on indirect automotive finance — which could have a signfincant impact on dealerships — Dealertrack Technologies will be holding a free webinar this week. The event is the latest in a series of compliance webinars from Dealertrack and is scheduled for Thursday  at […] [Read More]

HOUSTON — Retail sales figures for buy-here, pay-here dealers softened a bit in 2012 compared to a year earlier, according to industry benchmarks compiled by the National Alliance of Buy-Here, Pay-Here Dealers that will be shared during the organization's upcoming National Conference. Specific details about those sales trends as well as the inventory BHPH dealers […] [Read More]

DETROIT — In celebration of Financial Literacy Month and as a way to build upon the more than 1,000 consumers who already have utilized its tutorials specifically about auto financing, Ally Financial launched its 30 Days of Financial Literacy initiative today. The program features more than 30 personal finance classes throughout the month of April, […] [Read More]

LAKE SUCCESS, N.Y. — Dealertrack Technologies is offering a free webinar where compliance counsel Randy Henrick will discuss the latest regulatory developments coming from the Consumer Finance Protection Bureau. The session where Henrick will offer his analysis of the CFPB's bulletin about dealer reserve and more is set for 2 p.m. ET on Thursday. This […] [Read More]