With dealers turning to their mobile devices for VIN information, values, vehicle history reports and online auctions, why not use these gadgets for financing, as well? At least that is likely the thinking behind BMW Financial Services new partnership with AutoNation. The two have teamed up to pilot a new program that allows dealers to […] [Read More]

Organizers of the 2011 National Remarketing Conference, which will be held Nov. 16–18 in Las Vegas, recently announced that the conference will feature an iRemarketing panel discussion focusing on buying and selling used vehicles online. The session titled “iRemarketing 2011: Going Direct to the Source — New Ideas and Fresh Approaches to Buying and Selling […] [Read More]

Toyota Motor Sales USA elevated a pair of executives into newly created positions this week, starting a domino effect of immediate changes within its brand divisions. Appointed to the newly created position of vice president of social media is Dave Nordstrom, who formerly was vice president of Lexus marketing. The OEM indicated Nordstrom will lead […] [Read More]

On Tuesday, Copart rolled out its fifth facility in Georgia, announcing the opening of its new South Atlanta facility in Ellenwood, Ga. Officials highlighted this latest addition not only marks the company’s fifth facility in Georgia, but also Copart’s 154th facility worldwide. Copart president Vincent Mitz stressed the 77-acre site will improve Copart’s service in […] [Read More]

Going from 100 to 500 associates in just five years is a sign of the significant growth at Kelley Blue Book. With technology changing almost as if at the speed of light, KBB said one way it has pushed growth is through its partnership with a tech firm that offers the back-end analytics to augment the company’s […] [Read More]

With Labor Day on the horizon, the National Motorists Association revealed Tuesday a list of 25 cities throughout the U.S. and Canada with the highest number of reported speed traps per capita over the past two years. The Speed Trap Exchange — where the public can report hot spots  — identifies locations of chronic speed traps in the U.S. […] [Read More]

Another search engine website aimed at connecting shoppers and dealers touting millions of vehicle listings named its chief operating officer on Tuesday. Coming on board to join Chug is Christopher Gross, who has been charged with running the day-to-day operations of what site officials describe as a rapidly growing company that helps consumers find vehicles for […] [Read More]

When Hurricane Irene bore through the East Coast this past weekend, her geographical footprint was as broad as her wrath. The storm ran from the Southeast all the way up to New England, causing power outages, massive flooding and reportedly more than two-dozen casualties, if not more. Irene impacted everything from clogging roads and crushing […] [Read More]

As some dealers express their ire over factory image programs, the National Automobile Dealers Association is investigating how much bang for their buck dealerships actually get from these renovations. NADA has turned to industry consultant Glenn Mercer to conduct a study, which will attempt to measure how cost-effective these programs are. The organization contends that dealers […] [Read More]

Black Book’s Ricky Beggs spotted common themes when reviewing report summaries from personnel who attended auctions throughout the country last week. He indicated several dealers called the new-vehicle market “slow” and a “tough sell.” And a little more vital to the used-car department, Beggs shared that some dealers are saying “used buyers were a little […] [Read More]