Kelley Blue Book announced today that it has joined the National Independent Automobile Dealers Association National Member Benefit Program, meaning NIADA members can now tap into KBB’s various offerings — including the newly launched Quick Values — to help them become more profitable and efficient. Independent dealers can turn to KBB for vehicle valuation as well as […] [Read More]

In a market where wholesale auction volume is even tighter than overall used supply, independent dealers face an especially “tough situation” when it comes to acquiring the vehicles they need on their lots, suggested Jonathan Banks, a senior analyst with NADA Used Car Guide. [Read More]

Group 1 Automotive’s regional structure will soon have a new look. The retailer announced Monday that its three U.S. regions will be consolidated into two starting next month, while also revealing the leaders for those respective regions and a new position: vice president of marketing. [Read More]

The Federal Reserve confirmed Monday that automotive dealers are temporarily exempt from collecting and reporting information to the government on credit applications from women or minority-owned businesses and small businesses. This requirement falls under Regulation B (Equal Credit Opportunity) and was added as a section under the Dodd-Frank Act. [Read More]

For dealers considering new ways to ramp up their online sales division, Auto Remarketing is hosting Pat Ryan Jr., the chief executive officer and co-founder of INCISENT Technologies, makers of FirstLook and MAX Systems. Today’s free Webinar is set to include Ryan’s presentation about emerging trends connected with online behavior and decision making of the […] [Read More]

Used-vehicle values in May added to the string of historically lofty prices, according to RVI Group, but the used market is likely poised for slowdown. RVI is forecasting a 2.2-percent drop in used prices from current levels for the rest of 2011, officials said in the latest RVI Risk Outlook. This would be a change […] [Read More]

On the heels of the automaker rolling out a new certified pre-owned program, General Motors dealers have a new way to possibly attract used-vehicle shoppers interested in other automakers. It was announced Monday that participating GM dealers are offering a three-month free subscription to SiriusXM for customers who buy a used vehicle from any brand, […] [Read More]

Ford vehicle performance earned more praise as RDA Group gave the automaker its Quality Award — a discretionary honor to recognize substantial improvements in quality and customer satisfaction over time. RDA Group declared during a brief ceremony recently that Ford has “achieved unparalleled success in quality and customer satisfaction improvement.” In assessing Global Quality Research […] [Read More]

Dealers who use vAuto as their inventory management solution now have more content available to them made possible by the new AutoTrader.com family alliance. Officials from vAuto and Manheim said Monday the Manheim Market Report (MMR) and OVE.com are now seamlessly integrated within the vAuto platform. The company explained MMR now is displayed in vAuto’s […] [Read More]

SOUTHFIELD, Mich. — Credit Acceptance Corp. has extended the maturity and increased the amount of its revolving secured line of credit facility, as well as extended the date on which its $325 million revolving secured warehouse facility will cease to revolve. Credit Acceptance extended the maturity of its credit facility with a commercial bank syndicate from June 22, […] [Read More]