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Newsby StaffAugust 29, 2019

TradeRev to Open New Indianapolis HQ

KAR Auction Services will spend $3.75 million to build a new headquarters for its TradeRev division in downtown Indianapolis’ Century building, the former home of Indiana’s first automaker.

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Newsby StaffAugust 28, 2019

Register for Industry Summit Today!

Registration for Industry Summit 2019 is now open online, and the first 100 auto dealers and dealership GMs who register will attend for free.

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Newsby Tariq KamalAugust 28, 2019

Volvo Adds Dealer Inventory to Subscription Program

Volvo dealers will soon be allowed to pull new vehicles off their lots and into the Care by Volvo sub service, a significant change that leads a list of reported revisions to the embattled program.

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Newsby StaffAugust 27, 2019

ADESA Adds Recommendations Carousel to Homepage

A new, proprietary algorithm built into ADESA.com was designed to identify the best vehicles for each dealer’s pre-owned inventory needs.

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Newsby StaffAugust 27, 2019

Nanny State: New Safety Tech Annoys Drivers

A new J.D. Power survey finds car buyer demand for semiautonomous safety technology is threatened by overbearing alerts that are causing many to disable their systems, increasing the risk of a collision.

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Newsby StaffAugust 26, 2019

Manheim Moves to Flat Rates for Automatic Inspections

Manheim policymakers believe predictable pricing will persuade more dealers to take advantage of post-auction inspections after buying in-lane, at a physical sale, or through digital channels.

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ArticlesCover Storyby Lloyd TrushelAugust 22, 2019

Is Amazon Really a Threat to the Car Business?

The big box revolution has irrevocably altered the retail landscape. Carvana’s success has dealers wondering whether auto retail could be next.

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Newsby StaffAugust 21, 2019

Lexus Dominates 2019 Resale Value Awards

J.D. Power unveiled its latest Resale Value Awards for mass-market and luxury vehicles, including six model-level awards for Lexus and four more for Toyota.

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Newsby StaffAugust 21, 2019

Beverly Hills BMW Sold in Recordbreaking Deal

The four-acre, 93,000-square-foot Beverly Hills BMW has been sold for $70 million, an amount billed as the highest ever paid to acquire a Los Angeles auto dealership.

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Newsby StaffAugust 20, 2019

Report: Auto Dealers Stand Out Among Reputation-Dependent Industries

Reputation.com’s 2019 Auto Reputation Report finds reputation drives sales volume, charting a 1% increase in sales for every 30- to 40-point increase in reputation score for auto dealers.

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