Along with revealing scholarship and leadership award recipients, the National Independent Automobile Dealers Association used its 65th annual Convention & Expo to add another industry veteran to the NIADA National Ring of Honor. The latest inductee is Joe Lescota, Northwood University’s automotive marketing department chair. NIADA chief executive officer Michael Linn declared during a ceremony that […] [Read More]

Dataium’s May Auto Shopper Intensity Index declined for the second straight month, but a bright spot was searches for used vehicles. The firm determined pre-owned models continue to gain share in consumer online auto shopping, now up to a record 68 percent of all inventory searches. Analysts contend the ASI index for April accurately mirrored […] [Read More]

Sharing some positive news on the production and sales fronts Thursday — which will likely bring good tidings for used supply, as well — Nissan said its global sales are projected to climb nearly 10 percent for fiscal 2011. And full production is expected to be restored in October.  This spells good news for the used side […] [Read More]

Earlier this week, Black Book rolled out several enhancements to its existing iPhone and Android applications and also launched a version for the Windows 7 product. Black Book president Tom Cross indicated that the highlight of the enhancements is the integration of AutoCheck vehicle history reports, which users can now tap into. [Read More]

In the latest setback Saab is facing, the automaker revealed it does not have the funds to make payroll. Dealers and employees appear to be holding their breath to see if management can pull renewed funding off, even as creditors, including suppliers, are knocking on the automaker’s door. [Read More]

NADAguides Top Recommended Current Buys Report includes six vehicles from five different nameplates. The six 2011 models included are from Acura, Dodge, GMC, Hyundai and Toyota. In light of a slowly recovering economy, current fuel prices and strains on some vehicle availability from Japanese manufacturers, NADAguides’ analysts recommend this select set of new units that — […] [Read More]

During Wednesday’s action at the National Independent Automobile Dealers Association Convention and Expo in Las Vegas, eBay Motors manager of dealer training Clayton Stanfield was on hand during the Internet and Social Media Solutions Lab session to lend his expertise about a new program designed to help independents best utilize eBay motors. The lab session […] [Read More]

Manheim and the National Independent Automobile Dealers Association recognized a dealership for its generous charitable outreach Wednesday in Las Vegas at the NIADA Convention and Expo. The inaugural Dealer’s Edge National Community Service Award was given to Chacon Autos Ltd., a family of dealerships in Texas. The other four finalists for the award — each […] [Read More]

While 760 stores closed up shop last year, dealers were 40-percent more profitable than they were in 2009 and have begun this year with similar progress, according to the National Automobile Dealers Association’s recent reports regarding the health of franchised dealers. [Read More]

With the season to drive a convertible now in full swing, TrueCar.com discovered automakers are discounting these models through rebates and other incentives by as much as 12 percent. “More manufacturers than ever before are offering vehicles with a convertible option for consumers to choose from,” noted Jesse Toprak, vice president of industry trends and […] [Read More]