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F&Iby StaffApril 30, 2019

Estes Joins Peak Performance Team as VP

Peak Performance Team has named 30-year industry veteran Jack Estes to the position of vice president of sales.

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Digitalby StaffApril 30, 2019

CDK Global Names Shah CPTO

Twenty-year industry veteran Mahesh Shah has joined CDK Global as executive vice president and chief product and technology officer.

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Auto Financeby StaffApril 30, 2019

Luxury Sports Sedans Lose Favor in Secondary Lease Market

Swapalease.com’s Q1 latest report finds only 11.2% of lease-exchange customers favored luxury sports sedans in the first quarter, down from 17.7% in Q1 2018.

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F&Iby StaffApril 30, 2019

USEA Expands Dealer Services Team

US Equity Advantage cites growth as the catalyst for an expansion of its dealer services team, including new managers in the Southeast, Midwest-Atlantic, West, and New England regions.

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Showroomby Tariq KamalApril 30, 2019

Dealer GPS Leads Police to Carjacking Suspect

The GM of a North Carolina dealership used GPS tracking to assist a customer and police in locating a carjacked vehicle, leading to the arrest of a suspect.

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Digitalby StaffApril 29, 2019

Spiffit Joins Fortellis Automotive Exchange

Dealer software provider Spiffit has been added as a contributing member on the Fortellis Automotive Exchange platform.

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Showroomby Tariq KamalApril 29, 2019

Report: Escalating Inventories Erode Dealer Profits

U.S. manufacturers and dealers are knocking on the door of the all-time record for days’ supply of new vehicles, an issue compounded by higher floorplan expenses, according to the latest figures from Automotive News.

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Complianceby Tariq KamalApril 26, 2019

Ford Faces Federal Emissions Probe

The U.S. Department of Justice has opened a criminal investigation into Ford Motor Co.’s emissions testing and certification processes, the factory revealed in an SEC filing today.

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Showroomby StaffApril 26, 2019

Vans Dominate 2018 Commercial Vehicle Searches

Work Truck Solutions’ latest annual report finds cutaway, cargo, and upfitted vans combined to account for 35% of all commercial-vehicle searches in 2018, more than any single truck type.

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Showroomby Tariq KamalApril 25, 2019

Police Say Customer Set Fire at Calif. Dealership

A customer of a San Diego-area Chrysler dealership has been arrested and charged with starting a fire that destroyed eight vehicles, including his own, and later conspiring to steal a Dodge Charger from the same lot.

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