Used-vehicle sales for October are likely to beat year-ago figures by 1%, according to an ALG/TrueCar forecast, which calls for 3.3 million used sales for the month. While this tally would be a 4% drop from September, it would represent the fifth consecutive year-over-year increase in used sales, ALG/TrueCar said. Used-vehicle prices are also climbing […] [Read More]

Used-vehicle retailer CarMax says it is hiring for “long-term careers” rather than for temporary seasonal positions. CarMax said it plans to hire for more than 3,500 positions companywide by the end of the year and noted that auto technicians, detailers, painters and inventory associates are among the positions in highest demand. Other high-demand positions are […] [Read More]

General Motors dealerships using DealerSocket’s Inventory+ inventory management software can now syndicate inventory to GM-participating website providers and programs. That includes the automaker's Shop-Click-Drive e-commerce tool. Auto industry SaaS provider DealerSocket said Monday that its Inventory+ software is now participating in General Motors’ Dealer Vehicle Inventory Management program, or DVIM. DealerSocket said the DVIM program […] [Read More]

In a transaction involving Kerrigan Advisors, two groups purchased three franchised dealerships in Illinois from Continental Motors of Naperville. According to a news release, Continental Audi and Continental Mazda were sold to Chicago-based Bill Napleton Auto Group, while Continental Acura was sold to Desmond Roberts, owner of Advantage Chevrolet of Hodgkins, Advantage Chevrolet of Bolingbrook […] [Read More]

Shyft Auto is looking to leverage its recent momentum as an award-winning app designed to help connect consumers to automotive service facilities for contactless service experiences.  On Tuesday, the company announced the launch of a Republic crowdfunding campaign to fund development, national expansion and application improvements.    Shyft Auto was just named Best Global Automotive […] [Read More]

Grené Baranco explained why her recognition from Ally Financial and the National Association of Minority Automobile Dealers (NAMAD) sends “an important message.” On Tuesday, Ally and NAMAD joined forces to name Baranco, who is the new and used sales manager of Mercedes-Benz of Buckhead, as the recipient of the third annual “Ally Sees Her” award […] [Read More]

Agora Data chief executive officer Steve Burke dubs it the “Mars Shot” project. This week, the finance solution provider of predictive loan technology for buy-here, pay-here dealerships announced it is sponsoring a program for the Harvey Mudd College Clinic Program at one of the premier engineering, science and mathematics colleges in the United States. Agora […] [Read More]

In the early 2000s, Dell Computers ran a popular advertising campaign that included the line, “Dude, you’re getting a Dell!” Now thanks to a new relationship with the National Independent Automobile Dealers Association, the line could be revised to, “Dealer, you’re getting a Dell!” This week, Dell Technologies joined with NIADA as a Bronze-level National […] [Read More]

Experian’s latest analysis of the credit world showed what experts are calling “promising signs of responsible credit management,” which could benefit auto financing, too. That assertion came among the key findings from Experian’s 11th annual State of Credit report, which examined how consumers are managing their credit histories against the backdrop of the COVID-19 pandemic. […] [Read More]

Volvo Cars Canada said Monday it has launched an app-based pickup and drop-off service that allows Canadians to have their vehicles serviced and not leave their home or office. Through Volvo Valet, which is available on iOS and Android smartphone devices, vehicle owners can schedule a service appointment with a participating retailer, who will send […] [Read More]