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NewsDecember 7, 2010

Resource Automotive’s TWGConnect Drives Dealer Profits

Resource Automotive Inc., a training, consulting and financial services provider and a unit of The Warranty Group Inc., announced that TWGConnect, its proprietary online warranty management system, is now a key component of its strategy to increase dealership profitability through the use of technology.

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NewsDecember 7, 2010

KBB Launches Free App for Android

Kelley Blue Book has launched its free, interactive app for Android mobile devices, which provides Android users with car-buying and –selling information. Since November 15, the app has received more than 50,000 downloads and is currently among the top 10 free lifestyle applications.

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NewsDecember 7, 2010

Joe Verde Named Keynote Speaker for Agent Summit

Trainer and author Joe Verde will serve as opening keynote speaker for the first-ever Agent Summit, to be held in Las Vegas in March 2011.

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NewsDecember 6, 2010

CounselorLibrary Releases Risk-Based Pricing Rule Guidebook

CounselorLibrary, the publisher of automobile financing and leasing legal compliance services, has launched its newest publication, “Dealer Compliance Guide - Risk-Based Pricing,” for dealers.

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NewsDecember 6, 2010

Columbus Finance Increases Advance for NIADA CPO Vehicles

Columbus Finance Inc. said it will provide an additional 10 percent advance, up to $1,000, on vehicles with the National Independent Automobile Dealers Association (NIADA) certified pre-owned warranty. In addition, customers will receive 1 percent off of CFI’s program rates.

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NewsDecember 2, 2010

Transaction Prices Fall; Incentives Up for November

TrueCar.com estimated that the average transaction price for light vehicles in the United States was $29,136 in November, down $735 (2.5 percent) from November 2009 and down $435 (1.6 percent) from October 2010.

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NewsDecember 2, 2010

November Incentives Down Nearly 10 Percent Since 2009

Edmunds.com estimated that the average automotive manufacturer incentive in the U.S. was $2,470 per vehicle sold in November, up $31, or 1.3 percent, from October 2010, but down $255, or 9.4 percent, from November 2009.

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ArticlesDecember 1, 2010

It’s Tax Season

Here’s a short primer to help you take advantage of what could be the best time of year for special finance: tax season.

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Articlesby Gregory ArroyoDecember 1, 2010

The Untapped Market

The bankruptcy segment is growing by leaps and bounds, and insiders say there’s a group of lenders just waiting to help dealers cash in on this niche market.

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ArticlesCover Storyby Gregory ArroyoDecember 1, 2010

Uncommon Courtesy

Jack Grimley is helping Courtesy Chevrolet recover from one of the worst economic stretches in San Diego history. His secret? Keep it simple.

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