Wholesale values “took a turn south” last week and posted the year’s most dramatic weekly decline yet, according to Black Book’s Ricky Beggs. What’s more, the proportion of wholesale value adjustments that were positive changes was the smallest it has been in four weeks, he noted. The overall change was a decrease of $52. The […] [Read More]

It appears that the New York Giants might not have been the only ones earning an upset victory Sunday night. According to analyses of online traffic trends, the car brand that perhaps surprisingly stole the show and benefited significantly from Super Bowl advertising was Fiat. The third-quarter commercial for the Fiat 500 Abarth wasn’t as […] [Read More]

Auto Remarketing continues to follow the debate regarding whether factory-mandated image programs are worth the investment for dealers. And as many stores still question the validity of these programs, the National Automobile Dealers Association released a new study that Stephan Wade, outgoing chairman of the NADA, hopes will help restore “reason and common sense” to […] [Read More]

Experian Automotive launched a new online business intelligence tool at the NADA convention on Sunday that it says can enable dealers to better understand the market, the vehicles that are selling and the people who are buying them. Sharing more about Velocity, officials noted that its "unique combination of data and analytics empowers users to […] [Read More]

Dominion Dealer Solutions recently announced a partnership with OPENLANE that will allow its dealers to tap into OPENLANE inventory through Dominion Inventory sourcing tools. Officials noted that mutual customers of the companies can utilize the Dominion Inventory application to easily source vehicles, as well as post units for sale. OPENLANE sends its auction listings to […] [Read More]

FordDirect — a joint venture between Ford and its franchised dealers — just launched a new Web 2.0 platform, which is designed to make it even easier for consumers to search through Ford and Lincoln dealers’ inventories. Tapping into the prevalence of social media usage, the new DealerConnection Vehicle Showroom  — based on SiSTeR’s Technologies’ […] [Read More]

Manheim announced the winner of its eighth annual Barbara Cox Anthony Automotive Woman of the Year Award on Sunday, bestowing this year’s honors upon Rachel Richards, who is Sonic Automotive’s vice president of retail strategy and chief marketing officer. Richards was given the award and honored at Northwood University’s annual breakfast during the National Automobile […] [Read More]

Polk and AutoTrader.com recently reached out to almost 1,500 luxury vehicle owners to figure out what makes these buyers loyal to — or defectors from — a particular luxury brand. What their study found is that the motivator most often cited for sticking with a luxury make is brand affinity. Almost half the respondents listed […] [Read More]

On Friday, DealerTrack said the company has fully integrated its AAX and eCarList products into one inventory management and merchandising solution for dealers, while also announcing the debut of a mobile application that allows dealers to manage financing while they’re on-the-go. Starting the AAX and eCarList integration, the DealerTrack eCarList platform is designed to help […] [Read More]

National Highway Traffic Safety Administration officials indicated that Mazda began a recall last week of the Tribute from the 2001 and 2002 models years. NHTSA explained that the recall stems from the possibility of the brake master cylinder reservoir cap leaking brake fluid. If the brake fluid leaks, officials fear the fluid could come in […] [Read More]