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A new accessories trend report, released Saturday at NADA 2011 by izmocars' AddOnAuto (AOA), reveals that accessories sales generated significant profits for dealerships across the country in 2010 and were driven by consumer interest in electronics add-ons and a desire to balance style with economy.
Read More →Ally Financial has financed more consumer new-vehicle purchases in the United States than any other lender during 2010, according to AutoCount data by Experian Automotive.
Read More →Carfax is increasing its support of dealers to boost customer traffic and used-car sales. Subscribing dealers have access to an expanded set of free marketing materials from Carfax that influence a car buyer’s dealer choice and build confidence.
Read More →The Dealer Services Group of Automatic Data Processing Inc. has launched Deal Review, a new tool that will help dealerships track, monitor and report on their deal compliance efforts.
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Tom Webb, Manheim's chief economist, announced gains in both new- and used-car sales in 2010 but noted that many of the key factors that drive the auto retail market and the economy in general, including employment rate and average household net worth, are not likely to approach pre-recession levels anytime soon.
Read More →Zurich has launched an awareness campaign for automobile dealers to help them navigate the maze of new laws and regulations expected to affect their businesses in 2011 and beyond.
Read More →The Dealer Services Group of Automatic Data Processing Inc. announced Sunday that it has agreed to become the DMS solutions provider for SoCal Penske.
Read More →A pilot loan program aimed at increasing access to inventory financing for auto, boat, RV and other dealerships was re-launched today, Feb. 8, the Small Business Administration announced. The program will run through Sept. 30, 2013.
Read More →Prestige Financial Services and www.OnlineBKmanager.com have partnered to help dealers efficiently deliver vehicles and supply financing for bankruptcy customers. Through this alliance, Prestige Financial Services’ Dealers Partners can receive a package discount on www.OnlineBKmanger.com services.
Read More →FordDirect and Ford Motor Company announced Feb. 5 that Galpin Ford of North Hills, Calif., and Hines Park Lincoln of Plymouth, Mich., are the Ford and Lincoln-Mercury Internet Dealers of the Year for 2011.
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