Asbury Automotive Group launched an end-to-end digital car-buying platform Wednesday that it says will allow consumers to purchase a vehicle online in 15 minutes. And it has some potential to help Asbury expand in the pre-owned market, as well. Clicklane, which Asbury said is an “evolution” of its PushStart tool, is a communications technology ecosystem […] [Read More]

Pete Petersen says advertising space is a bit more crowded during the holiday season. “But with the pandemic and recent elections, dealers are finding it even more difficult to get themselves in front of their markets right now,” said Petersen, chief executive officer of Dealers United, in a news release. With that in mind, Facebook […] [Read More]

autoTRADER.ca announced the finalists for its 2021 autoTRADER.ca Awards, stating that the finalists are models the jury would recommend to Canadians “without a doubt.” The awards recognize vehicles for their value, innovation, performance, comfort, technology and ultimate desirability. The awards named finalists in the different vehicle categories, but under family sedan, the finalists were the […] [Read More]

As part of Used Car Week's Pre-Owned Con next week, Cherokee Media Group will recognize honorees in the annual Used Car Awards, a program presented by KAR Global.  That includes our annual Franchise Dealer of the Year, which this year goes to Rick Ricart, president of Ricart Automotive Group. Below is a Q&A with Ricart, which is […] [Read More]

Stating that it has made recent efforts to fight systemic racism and promote diversity through inclusion and equal opportunity for everyone, Cox Automotive has established its newest employee resource group called the Black Employee Network. That program is for any team member interested in better understanding and combatting anti-black and systemic racism. In addition, Cox […] [Read More]

Black Book explained how the latest movement in its Used Vehicle Retention Index continues to reflect how the wholesale market is behaving in light of pandemic-related impacts. Black Book reported on Wednesday that its November index reading came in at 130.6, representing a 0.7-point increase from the October mark of 129.9. “The market level index […] [Read More]

As the pandemic makes this year’s holiday season look and feel different in many ways — including how people will travel— a new program from Autotrader and Kelley Blue Book aims to make road trips a little warmer and help people drive in style. The companies have created limited-edition “ugly” sweater light up face masks […] [Read More]

Cox Automotive and Moody’s Analytics are trying to use their collective brainpower to create a new way of analyzing and tracking vehicle affordability. The companies recently launched what they’re calling the Vehicle Affordability Index, which is designed to quantify price movements in the new-vehicle market in relation to the spending power of the U.S. consumer. […] [Read More]

Along with making five additions to its executive team, this week, the Consumer Financial Protection Bureau issued its final advisory opinions policy. In making the move publicly, the CFPB said it was looking to address regulatory uncertainty in the bureau’s existing regulations and provide guidance to entities on outstanding regulatory uncertainty. Under the final policy, […] [Read More]

If 2020 has proven anything, it’s that drastic changes can arrive that no one anticipated. With that thought in mind, Swapalease.com wants to bring automakers and dealerships together with vehicle-lease holders who want out of their contract or to switch vehicles before the term has fully expired. On Wednesday, the site launched new program called […] [Read More]