Volkswagen Credit announced its new president and chief executive officer on Tuesday to replace the retiring Kevin Kelly in January. Promoted to the position is Andrew Stuart, currently the executive vice president and chief financial officer, a position he has held since 2009. Kelly will retire following 34 years of service. His time with Volkswagen […] [Read More]

Marketing provider eLEAD CRM recently entered into a partnership with Text2Drive for a product designed to allow dealers to engage customers through text messaging, the method they believe is the preferred form of communication for millions of consumers. Officials from eLEAD CRM reiterated Text2Drive is a solution that can allow consumers to search dealer inventories, […] [Read More]

After recently revealing the winners of this year’s Dream Car Art Contest, Toyota announced Tuesday that it will be holding the contest for the sixth year, as well as expanding the reach of the event to include 80 countries and regions. The automaker will be accepting entries from Oct. 1 to Jan. 31 for the […] [Read More]

According to one of Nissan’s top executives, the biggest problem the automaker faces today is “making enough cars.” In a recent interview, the automaker’s chief performance officer and executive vice president Colin Dodge noted that as of the end of August, production was up 150,00 units when compared to last year. Though that is a […] [Read More]

Greenway Automotive Group recently opened its 19th rooftop, launching San Antonio Dodge-Chrysler-Jeep to serve the south Texas market. The new showroom is located at 11910 IH-35 North and O’Connor, a site store management believes is easily accessible from all parts of town. “We are dedicated to not only meeting but exceeding the expectations of each […] [Read More]

Used-car sales for September are likely to fall double-digits from August, but even with this large sequential downturn, the used market is still projected to beat year-ago sales by more than 4 percent, according to TrueCar. Specifically, the firm believes September’s used sales total will come in at 3.23 million units once the month wraps […] [Read More]

A continuation of corporate streamlining to meet current market conditions, including the creation of a key new position, and the retirement announcement of long-time executive Mike Broe was made recently by Manheim president Sandy Schwartz. The new position being planned is that of chief operating officer and will report directly to Schwartz. [Read More]

The National Independent Automobile Dealers Association believes this year’s auto auction of the year honoree summarizes an act of true heroism by its owner and staff. NIADA chief executive officer Mike Linn handed the 2011 award to Dealer’s Auto Auction of Oklahoma City during the recent National Auto Auction Association conference at the Hyatt Regency […] [Read More]

Attending last week’s National Auto Auction Association convention gave Black Book’s Ricky Beggs access to new information. Beggs indicated there seems to be a slight uptick in sales conversion rates as more than one auction showed the Black Book vice president and managing editor multiple reports of a better sales percentage. Reacting to this development […] [Read More]

AutoUSA announced Tuesday the results of this year’s dealer Internet marketing survey which may give dealers some insight into why shoppers aren’t buying. The results revealed a struggling economy is directly affecting consumer’s ability to buy cars. The study also delved into the inner workings of dealerships’ Internet marketing departments and found that staffing issues […] [Read More]