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NewsApril 12, 2017

Survey: Dealers Overestimating Customer Trust

The results of a survey of 400 dealers at the NADA convention indicate many dealers are overestimating customer trust, their sales team’s product knowledge, and the need to offer discounts.

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NewsApril 12, 2017

Audi Names U.S. Sales Chief

The automaker has appointed Cian O'Brien to head sales in the United States as executive vice president and COO.

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NewsApril 12, 2017

TradeRev Adds New Features to Online Auction

The startup added a title concierge service to help dealers secure titles on vehicles purchased through its automotive exchange. The firm also added an account lookup feature so users can track all money movement between sellers and buyers.

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NewsApril 11, 2017

J.D. Power: Waiting Service Customers Want Snacks

The market research firm found that older customers prize complimentary snacks and beverages as well as newspapers and magazines, while members of Generation X and Y want wireless internet access.

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NewsApril 11, 2017

Subaru Wins Best Overall Brand in KBB's Brand Image Awards

Subaru, Lexus and Ford take top honors with the highest average scores among all 12 brand watch factors. The awards are based on consumer automotive perception data from Kelley Blue Book Strategic Insights' Brand Watch study.

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NewsApril 10, 2017

Morgan Stanley: Used-Car Values Could Fall by 50%

A new report from Morgan Stanley identifies several key factors that could cut used-car values in half by 2022.

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NewsApril 10, 2017

Manheim: Used-Car Reports Signal Stability

Despite declining wholesale values in March, first-quarter pricing for used vehicles showed a year-over-year increase from the first quarter of 2016.

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NewsApril 10, 2017

DeLong Named VP of Covideo

Thirty-year industry veteran Mike DeLong has been tapped to lead Covideo’s Dealer Services division.

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NewsApril 6, 2017

Simple Recon Adds Amazon Alexa Skill

New integration promises direct inventory updates without the need to log into an app or website.

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NewsApril 6, 2017

NADA Sticks to 17.1 Million-Unit Forecast

The National Automobile Dealers Association (NADA)’s chairman and chief economist cited strong demand and rising wages among high-income earners as reasons to be optimistic about new-car sales.

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