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Newsby StaffAugust 26, 2021

California, Texas Acquisitions Continue Lithia Growth

Lithia Motors Inc. adds a large-volume Honda store in Southern California and two import dealerships near Dallas, Texas.

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Newsby StaffAugust 26, 2021

Taiwan Sends Assurances Over Chip Shortage

Taiwan is at work to address the global shortage of semiconductors, reported Economy Minister Wang Mei-hua after meeting with the newly appointed de facto U.S. ambassador in Taipei.

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Newsby StaffAugust 25, 2021

Sentry Insurance Launches Sentry Risk Factor

Risk management tool intended to help dealership industry reduce large losses.

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Newsby StaffAugust 24, 2021

Kylie Price Named Vice President, Post-Purchase Sales at APCO Holdings

In her new position, Price is responsible for the evolution of APCO’s post-purchase channel to continue to drive growth and advance digital outreach efforts.

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Newsby StaffAugust 24, 2021

Black Book: Weekly Market Update

The overall market continued to decline this past week, but the rate of depreciation lessened, and some segments reported positive pricing movement.

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Newsby StaffAugust 24, 2021

360Converge Releases Free Texting Solution to Help Dealerships Communicate Health & Safety Updates Quickly with Staff and Partners

The complimentary service is meant as a stop gap for managers who are facing a critical need for employee communication as the pandemic ramps up again. 

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Newsby StaffAugust 24, 2021

DealerPolicy  Collaborates with JM&A Group and  Darwin  to Deliver Next Generation Finance and Insurance Solutions

Pioneers in their respective industries unite to deliver innovative automotive insurance solutions  to  dealers and  car  buyers  nationwide.

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Newsby StaffAugust 24, 2021

AutoAPR Rolls Out TestDrive+ to Move Internet Visitors Further Down the Sales Funnel and Set Appointments Automatically

Dealerships that use TestDrive+ are now able to move interested customers down the sales funnel by taking them through inventory-specific payment calculations or shop-by-payment vehicle selection, and then invite the guest to schedule their test drive virtually.

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Newsby StaffAugust 24, 2021

New Vehicle Financing Returning to Pre-Pandemic Levels

Inventory shortages continue to push average loan amounts and monthly payments for used vehicles higher.

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Newsby StaffAugust 23, 2021

Latest Figures on Lease Credit Approvals Showing an Increase for July

Lease credit approvals reached 70.0% in July; Up from 67.6% in June.

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