The National Independent Automotive Dealer Association once again endorsed RouteOne as the credit application management system of choice for independent stores in 2013.  As an endorsed NIADA National Member Benefit Partner since 2009, RouteOne has assisted NIADA’s 20,000 independent dealer members with streamlining their F&I process through the utilization of RouteOne’s credit application network. “RouteOne […] [Read More]

With used prices expected to continue to decline after holding unusually high rates for the past few years, dealers may have more options when it comes to stocking used vehicles that would be more affordable to consumers. Kelley Blue Book released a list of 10 Best Used Cars under $8,000 — with a variety of […] [Read More]

NCM Associates awarded its first General Management Executive Program scholarship Thursday on behalf of the National Association of Minority Automobile Dealers. The recipient of the award who will be joining his fellow GMEP class members for the first segment of the 11-session dealer development program beginning in March is Dwayne Ferguson, director of operations for […] [Read More]

A unique component to MetroGistics’ community give-back program is showing benefits within the company, as well.   The vehicle shipping company implemented its Metro Giving Back Program in February 2012, as a way to support the local community. But what’s unique about the program is an employee-driven selection process — each month a different employee […] [Read More]

CARMEL, Ind. — With the merger of Manheim Automotive Financial Services and Dealer Services Corp., a new inventory finance entity has been announced this morning. NextGear Capital is the new name for the merged lenders, following Manheim's acquisition of DSC in 2012.  The floor plan company — which said it serves more than 17,000 dealers […] [Read More]

CARY, N.C. — CarMark Certified Pre-Owned, a leading third-party vehicle certification program, recently announced that it is expanding its offerings in order to provide more flexibility for its dealer base and additional options for consumers. The CarMark Certified program, which is powered nationally by APCO/EasyCare, includes two types of limited warranties — a 72-month/100-mile powertrain […] [Read More]

WASHINGTON, D.C. — By the time an assistant director from the Consumer Financial Protection Bureau makes a return engagement as the keynote speaker during the National Automotive Finance Association's annual conference this summer, the agency's structure and regulatory power could be significantly different — especially if a trio of Senators have their way. Three Senate […] [Read More]

AUBURN HILLS, Mich. — While Chrysler Group reportedly might be creating a new captive finance company later this year, chairman and chief executive officer Sergio Marchionne told investment analysts this week why he's happy the automaker currently does not have one. In responding to a series of questions as the OEM revealed its full-year financial […] [Read More]

A variety of social and economic factors seem to be affecting the wholesale market, says NADA Used Car Guide, including dropping consumer confidence and Social Security tax increases.  NADA UCG reported these factors are contributing to the current “plateau” in the lanes. Over the course of the current week, NADA expects used prices across all […] [Read More]

About the time many of these TIME Dealer of the Year Award nominees received a driver’s license at age 16, they were at a dealership working, too. In the next group of profiles, these store executives all share what’s important to them — in and out of the showroom. The awards program, which is produced […] [Read More]