NADA University announced it has added a slew of courses that are free for National Automobile Dealers Association members and are designed to help foster improvement throughout all avenues of a dealership’s business. The online courses are taught by NADA University Partner trainers and delve into such areas as sales, service and F&I. [Read More]

The used-vehicle market in January has been more robust year-over-year across the board, and overall used sales in the U.S. are expected to improve more than 3 percent from the first month of 2010, according to CNW Research. Specifically, the market is projected to move more than 1.95 million used vehicles during the month, up […] [Read More]

Dealer Services Corp. of Indiana said Monday it is now providing its dealer customers with a series of smartphone applications to allow them to complete various finance-related tasks while on the go, including tapping into floor planning services. Dealers can also utilize DSC Unplugged for checking out titles and managing their accounts with DSC of Indiana. […] [Read More]

Workers at Fiat’s Mirafiori plant in Italy gave their collective green light to an agreement with the automaker in a referendum last week. With workers voting to accept the terms — albeit narrowly, according to reports — it appears the facility will be used to build Jeep and Alfa Romeo vehicles to be distributed throughout the […] [Read More]

Ricky Beggs believes he has seen plenty of unique circumstances during nearly three decades of used-vehicle industry involvement. But last week’s snow and ice that plagued the Southeast forced the Black Book managing editor and his colleagues to scramble to keep pricing information current. “For the first time in my almost 30 years within this […] [Read More]

Winter’s cold still might grip most of the country, but General Motors reassured dealers and owners that the first Chevrolet Volts “came fully winterized.” Turns out, the first retail customers who took delivery of those extended-range electric vehicles reside in New Jersey. The transactions also occurred just as the season’s first major blast of winter […] [Read More]

Since Mercedes-Benz USA decided to advertise during next month’s Super Bowl — embarking on a campaign in connection with the big game for the first time — the automaker is doing more than just rolling out a 30-second TV spot. The company explained its Super Bowl initiative harnesses Twitter activity to power four competing race […] [Read More]

Five additional locations throughout a trio of states have recently joined the AuctionACCESS program, it was revealed late last week by AutoTec. These new members include: —Rochester-Syracuse Auto Auction (Waterloo, N.Y.) —Midway Auto Auction (Waco, Texas) —Sparkling City Auto Auction (San Antonio) —Memphis Auto Auction (Memphis, Tenn.) [Read More]

MINNEAPOLIS — Wolters Kluwer Financial Services recently announced it has added another lender to its AppOne platform. Broadening its existing relationship with Wolters Kluwer is Grow Financial Federal Credit Union, which will utilize AppOne to offer indirect lending services to a wider base of independent dealers in Florida, where the credit union is based. Officials indicated that AppOne will also […] [Read More]

BANDON, Ore. — As the capital markets collapsed, largely due to subprime mortgages, this caused the auto loan subprime market to crash. Subprime auto loans fell to $12.5 billion in 2008 and dropped again to $8.3 billion in 2009, according to CNW Research. However, in 2010, these loans starting reversing course, coming in at $8.99 billion […] [Read More]