Thanks to better inventory and credit conditions, the January used-vehicle sales total came in about 50,000 units higher than CNW Research president Art Spinella predicted. Normal 0 false false false EN-US X-NONE X-NONE MicrosoftInternetExplorer4 /* Style Definitions */ table.MsoNormalTable {mso-style-name:”Table Normal”; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-priority:99; mso-style-qformat:yes; mso-style-parent:””; mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-para-margin-top:0in; mso-para-margin-right:0in; mso-para-margin-bottom:10.0pt; mso-para-margin-left:0in; […] [Read More]

Auto Remarketing learned Wednesday that Mercedes-Benz USA has rolled out new certified pre-owned extended limited warranty options this week that can further help dealers emphasize the quality in the automaker’s lineup. Previously, the warranty packages in the automaker’s CPO program had a limit of 100,000 total vehicle miles, manager of pre-owned operations Scott Penza explained. He noted that […] [Read More]

Based on 2010 sales numbers shared this week by Edmunds.com, it appears that the certified pre-owned segment has become a more integral part of the used-vehicle operations at franchised dealerships. In fact, CPO sales commanded close to a 19-percent share of franchise dealers’ used-car business last year, an upswing — albeit a modest one — […] [Read More]

TrueCar.com analysts pored over 2010 sales data to determine which models sold best in various parts of the country such as New York, Texas and California. Normal 0 false false false EN-US X-NONE X-NONE /* Style Definitions */ table.MsoNormalTable {mso-style-name:”Table Normal”; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-priority:99; mso-style-qformat:yes; mso-style-parent:””; mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-para-margin-top:0in; mso-para-margin-right:0in; mso-para-margin-bottom:10.0pt; mso-para-margin-left:0in; […] [Read More]

As I prepare to pass the American International Automobile Dealers Association’s chairman’s gavel on to my successor Jim Smail in San Francisco, I find myself reflecting on all that our association has accomplished over the past year, and the challenges that still lie ahead. When I became AIADA chairman last year in Orlando, I never could […] [Read More]

If a salesperson doesn’t know every single detail about a particular model, MAX Systems believes its new iPad application “provides dealership professionals with the ability to be an expert on every vehicle on their lot.”  Normal 0 false false false EN-US X-NONE X-NONE /* Style Definitions */ table.MsoNormalTable {mso-style-name:”Table Normal”; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-priority:99; mso-style-qformat:yes; […] [Read More]

Audi of America unveiled its Super Bowl marketing strategy, plans that include a broad social media campaign as well as a spot during the game’s TV broadcast. Normal 0 false false false EN-US X-NONE X-NONE /* Style Definitions */ table.MsoNormalTable {mso-style-name:”Table Normal”; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-priority:99; mso-style-qformat:yes; mso-style-parent:””; mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-para-margin-top:0in; mso-para-margin-right:0in; mso-para-margin-bottom:10.0pt; […] [Read More]

SOUTHFIELD, Mich. — A continued run of stable returns pushed Credit Acceptance Corp. to significant gains in both consolidated and adjusted net income during the fourth quarter and for all of 2010. First looking at just the fourth quarter, Credit Acceptance's consolidated net income came in at $47.0 million or $1.69 per diluted share. In […] [Read More]

DALLAS — Announcing that consumers submitted more than 1 million online applications to RoadLoans.com last year, Santander Consumer USA launched an updated version of the website this week. The company explained this next-generation version contains an abundance of online tools geared to help consumers who have less-than-perfect credit make an informed decision when they purchase or refinance […] [Read More]

LAKE SUCCESS, N.Y. — DealerTrack announced Thursday it completed the integration of its dealer management system with Porsche Cars North America operations and received the automaker's integrated partner certification. As a result of this integration, officials pointed out nearly 200 Porsche Cars North America dealers can electronically maintain their automatic stock replenishment (ASR) inventory and […] [Read More]