Three companies have been added to the list of approved vendors in the ADP Third Party Access Program, and three other approved vendors are now providing enhanced products, ADP Dealer Services announced this week. More specifically, the three vendors that completed the approval process and were officially in the final three months of 2011 include: ADNT […] [Read More]

Dealership group LAcarGUY, in conjunction with Audi of America, revealed it has broken ground on a new Audi terminal in its Torrance, Calif., dealership. The South Bay rooftop will expand capacity from its current nearby location of 14,000 square feet, becoming one of the largest Audi Terminal showrooms in the U.S. at 45,000 sq. ft., […] [Read More]

CLINTON, Miss. — With wholesale vehicle prices continuing to be strong and financial institutions ramping up recovery efforts to leverage this condition, Phil Hanks believes he and the rest of the team at Primeritus Financial Services are “catching the industry at the right time.” Hanks elaborated about the plans he and wholesale veterans Cam Hitchcock […] [Read More]

OAK LAWN, Ill. — Chicago-area residents with less-than-perfect credit will now have another option for purchasing used cars. Buy-here, pay-here dealership group J.D. Byrider announced it is opening a new dealership in the Oak Lawn area at 9121 Cicero Ave. The new store — fourth for the dealership group in the Chicago metropolitan area and […] [Read More]

HOUSTON — At this time of the year, buy-here, pay-here dealers are very busy selling vehicles to customers during the tax refund season. However, they often face the dilemma of selling vehicles to customers who have large down payments (from the tax refunds), but with limited or no credit information/history. When the dealer runs a traditional credit […] [Read More]

MIDVALE, Utah — Change Sciences Group recently recognized Ally Bank as a leader in financial services companies using social media. The accolade listed Ally first among 22 companies in a program that rated each organization's approach to the social media space. Officials believe Ally's presence on Facebook, Twitter and YouTube, including the level of engagement […] [Read More]

The 2012 Auto Remarketing Canada conference presented by CarProof has announced two new sessions featuring F&I experts that will share insight with dealers at next month’s event. Among the bevy of F&I experts joining this year’s lineup include Manheim Financial Services Canada regional director Roy Vandermeer, Automotive Finance Corp. director of business development Neill Waters […] [Read More]

Mazda Canada unveiled its 2012 Dealer of Distinction awards earlier this week, where dealers across five regions were spotlighted for operational excellence. Evaluations for each of Mazda Canada dealerships are done through examining quantifiable data throughout every aspect of a dealership, including sales, parts, service, administration, facilities and customer satisfaction. [Read More]

Though average used-vehicle profitability among Canada’s franchised dealers has ticked modestly downward in recent months, this is not necessarily cause for concern. In fact, the fluctuation in profits on the used side has been rather stable compared to new-vehicle profitability, according to J.D. Power and Associates. [Read More]

ServNet announced this week that its membership has reached 30 auctions, thanks to the additions of two locations in the Sunshine State. Officially joining ServNet at the beginning of this month were Cocoa Auto Dealers Exchange and Sanford Auto Dealers Exchange, which are two central Florida sister auctions owned by Michael Tumminello and Jeff Brody. [Read More]