From outdoor lights to indoor attire, Holman Automotive Group and ARI were seeing red during a recent fundraising campaign. The companies this week announced the results of their Go Red for Women campaign, in which they raised $3,302 for the American Heart Association.  The campaign was held at Holman’s seven southern New Jersey dealership locations, […] [Read More]

In news revealed this week, the 12-percent tax on the private sale of used cars will not be tamed down to 7 percent when the Harmonized Sales Tax is phased out come April 1 in British Columbia. Many dealers and private sellers had been following this development with bated breath when CBC News reported the […] [Read More]

As the New York International Auto Show gets under way, new rides are being launched right and left. To give dealers and others in the industry an idea of how these vehicles will hold up against time, price-wise, ALG’s Eric Lyman offered a bit of commentary from the show. Here’s what the ALG vice president of […] [Read More]

CarMark Auto Finance is hosting a free webinar on Thursday that will explore the details behind a new residual-based financing option that can help dealers greatly reduce monthly payments for their customers. Leading the “CarMark Auto Finance: A New Residual-Based Finance Program” webinar is David Ruggles, manager of CarMark Auto Finance. The event is scheduled […] [Read More]

The Real Front Line: Do you know what your recon cycle time?  Inevitably, when we ask dealers this question the standard answer is: “I am pretty sure it is somewhere around 5–7 days.”  But do you measure it?   [Read More]

With gas prices high, commuting and the amount of money it takes to get from home to work and back again has high priority on consumers’ minds these days. And according to AAA, 86 percent of Americans rely on their vehicle to get them to and from work every day. In what could be an […] [Read More]

The National Auto Auction Association will keep it on the gridiron for its annual conference later this year. Announced as a keynote speaker for the NAAA Annual Convention is football coaching legend and current ESPN sportscaster Lou Holtz, who will deliver a keynote address during the opening luncheon at the conference on Sept. 4 in […] [Read More]

Spring is under way, and the American International Automobile Dealers Association is gearing up for the AIADA 7th Annual International Auto Industry Summit in the nation's capitol later this season.  And Jenell Ross, AIADA chairwoman, highlighted a few reasons why she never misses this event on her blog, noting she considers AIADA’s spring meeting to […] [Read More]

CHICAGO — A new survey from TransUnion showed approximately two in three credit union executives see loan growth as the critical business issue facing their industry in 2013, and auto loans may be the main focus of that growth. The survey found that more than half of credit union respondents believe auto loans are their […] [Read More]

CLEARWATER, Fla. — For the second time in three years, Nicholas Financial retained a financial adviser to assist the specialty consumer finance company's board of directors with consideration of a possible sale. Last week, Nicholas Financial officials said their board retained Janney Montgomery Scott as their independent financial adviser to assist the board in evaluating […] [Read More]