Late Monday, American Suzuki Motor Corp. offered an update on the amount of franchised dealerships in its network that have agreed to terms of the automaker’s dealer settlement as part of its previously announced bankruptcy, restructuring and realignment. As of the early return deadline of Nov. 30, ASMC said 213 of the 219 automotive dealers […] [Read More]

It seems a few factors on the new-car side of things may impact used-car supply in the coming months, Black Book’s Ricky Beggs contends. With new-car sales coming in strong through November, with 1.14 million total sales recorded, this past month's new-car sales activity along with Hurricane Sandy-driven inventory replacements will lead to some varying […] [Read More]

In a deal announced Tuesday morning, AutoNation will expand its presence in the Lone Star State to 50 franchises. The retailer said it has signed agreements to acquire Audi, Porsche and three Volkswagen stores in the Dallas market from Boardwalk Auto Group, and Spring Chrysler Jeep Dodge Ram in the Houston market. Together, these stores […] [Read More]

It was another solid month for the used-car market. Sales didn’t quite reach the 3 million mark in November, but they still eclipsed year-ago levels by almost 15 percent and continued a blisteringly hot year. According to CNW Research, there were 2.98 million used vehicles sold last month, which marked a 14.6-percent year-over-year increase. [Read More]

Prices are strengthening in the lanes, as it seems dealers are paying more for vehicles with higher mileage this year, according to Manheim’s Tom Webb. The Manheim chief economist explained in a post to his blog on Monday that “an increase in average mileage for vehicles within a given tier means that prices are strengthening […] [Read More]

Auto Remarketing learned Monday that Kia Motors America’s fleet and remarketing team now has a national manager of CPO. Coming over from KMA’s Western region to head up certified is Brad Beer. While in the Western region, Beer was regional sales manager. [Read More]

During his latest video analysis, Black Book managing editor Ricky Beggs gave broad assessments of wholesale market behavior, since Thanksgiving prompted auctions to move sale days and dealers had to adjust their weekly rituals. In his latest edition of “Beggs on the Used Car Market,” the veteran analyst said, “It’s amazing how many attending dealers […] [Read More]

Lincoln dipped deep into the history of the brand to come up with its latest advertising push, revealed Monday, and industry analysts lauded the move as a "step in the right direction" for the brand. The advertising campaign, which will hit print, television and digital mediums, is called, "Introducing the Lincoln Motor Company." Lincoln was […] [Read More]

Dealers on the lookout for new customers will find that the competition just got more interesting with the launch of a new shopper-tracking mobile technology. Designed to target mobile shoppers based on their location, even when they’re at a competing dealership or service center, is the Location Targeting feature from AutoMotion Dealer App. It was […] [Read More]

Dominion Dealer Solutions and Microsoft are teaming up to build a dealer management system designed to help dealers and OEMs boost profits and revenue, improve customer experience and foster operational efficiencies. Microsoft Dynamics AX will be the foundation of the new tool, which will also blend in the “extensive automotive retail expertise and assets” from […] [Read More]