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]

Dealer.com has received a couple accolades from Google this week as part of the search engine’s Premier SMB Partner Awards. Dealer.com has been named the North American "Best in Quality Accounts" and "Display & YouTube Champion" by Google's AdWords Premier SMB Partner (PSP) program.  [Read More]

Two new patents filed by DMEautomotive point to what the company calls “breakthrough technology” for its dealer-branded mobile app, meant to boost service and sales retention. DMEautomotive on Tuesday announced its filing of two patent applications with the U.S. Patent and Trademark Office, for the company’s Driver Connect app. The first patent application pertains to […] [Read More]

Recovery Industry Services Co. and MBSi Capital Corp. recently announced they joined forces to become the sole provider of vehicle key codes within the iRepo Assignment Management Solution to all Ally Financial vendors. The companies insisted MBSi designed the process to be easy and expedient. They indicated key code requests take place post recovery at […] [Read More]

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 advertising at North Carolina dealerships focused on this very issue. [Read More]

During this past week, a large number of no-sales plus an industry “hesitancy” to build inventory from the auction lanes prompted Black Book’s Ricky Beggs to question where these trends are coming from. The managing editor said, “The numbers out of the used wholesale activity during the past week seem to have indicated hesitancy in […] [Read More]

Today’s women car buyers wield $300 billion in spending power on their cars. Their car-buying behaviors are evolving dramatically, causing car dealers to seriously consider how they communicate with them.  To understand, engage and, ultimately, capture this market, dealers first have to look at the key indicators of a woman car buyer’s mindset, behaviors and […] [Read More]

As buy-here, pay-here dealers continue to find new and improved ways to keep customers paying on their contracts, the Federal Reserve's Retail Payments Office recently announced plans to conduct a new study to determine the current volume and composition of electronic and check payments in the United States. The 2013 Federal Reserve Payments Study consists […] [Read More]