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Newsby StaffDecember 14, 2018

Remarketing by Element Joins NIADA Network

Remarketing by Element has joined the NIADA’s network of National Member Benefit partners and will offer prime lane placement, among other benefits, to the dealer association’s members.

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Newsby StaffDecember 13, 2018

Used-Car Prices Fall 2.5% in November

Black Book’s final depreciation report of 2018 finds prices for used cars and trucks decreased by 2.7% and 2.3%, respectively, with declines among compacts, minivans, and full-size utilities setting the pace.

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Newsby StaffDecember 13, 2018

Toyota to Install Non-Takata Airbag Parts in 65,000 Vehicles

Toyota dealers are preparing for a second recall of 65,000 Corollas, Sequoias, Tundras, and Lexus SCs fitted with replacement Takata airbag inflators that will themselves be replaced by third-party suppliers.

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Newsby StaffDecember 13, 2018

IAA, AFC Offer Real-Time Floorplanning

Impact Auto Auctions and Automotive Finance Corp. have partnered to offer Canadian dealers a ‘seamless’ financing and buying process.

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Newsby StaffDecember 12, 2018

Cox: Dealer Pessimism Grows With New Threats

Cox Automotive’s latest Dealer Sentiment Index finds a ‘notable negative turn’ among U.S. dealers, the majority of whom took a dim view of the fourth-quarter market and their 2019 prospects.

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Newsby StaffDecember 12, 2018

IAA Cuts Ribbon on Flint Branch

Insurance Auto Auctions has opened a new, state-of-the-art facility with room to grow in Flint, Mich.

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Newsby StaffDecember 12, 2018

Mazda, Hyundai Lead Repair Affordability Rankings

CarMD’s 2018 Vehicle Health Index finds Mazda was the most affordable brand to repair and the 2017 Hyundai Tucson registered the lowest average check-engine repair cost.

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Newsby StaffDecember 11, 2018

KAR Consolidates Repo Management Team

KAR Auction Services has consolidated its Recovery Database Network management team following the company’s acquisition of Clearplan.

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Newsby StaffDecember 11, 2018

Priority One Adds Medallion, Aqua to EZ-Sign Platform

Priority One Financial Services has added Medallion Bank and Aqua Finance to its EZ-Sign electronic signature process.

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Newsby StaffDecember 11, 2018

AAA: Your Customers Need New Headlights

Dealers seeking an end-of-year boost in service revenue should focus on deteriorated headlights, which produced 80% less light in new tests conducted by AAA.

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