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Digitalby StaffApril 9, 2019

PCG Names Casagrande President and COO

Denise Casagrande has been promoted from vice president of marketing to president and COO of PCG Digital.

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Auto Financeby StaffApril 9, 2019

Black Book: Retention Index Down 0.6% in March

Black Book’s Used Vehicle Retention Index slipped again in March but showed a 1.7% year-over-year gain heading into April, when analysts expect the spring selling season to begin in earnest.

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Auto Financeby StaffApril 9, 2019

Auto Loan Interest Rates Hit 10-Year High

Edmunds says the average APR for a U.S. new-vehicle loan was 6.36% in March, putting dealers and consumers on the cusp of a ‘dramatic shift’ toward the used-car market.

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Digitalby StaffApril 8, 2019

DMS Market Poised to Grow 8% by 2025

The global market for dealer management systems will hit $10.1 billion by 2025, a ‘healthy’ projected growth rate of 8%, according to the latest forecast by Research Reports.

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Showroomby StaffApril 8, 2019

NADA: Employment, Payroll Up for New-Car Dealers

U.S. franchised auto dealers paid over $66 billion to more than 1 million workers in 2018, a 1.9% year-over-year increase that pushed the average employee’s pay to $1,134 per week.

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Complianceby Tariq KamalApril 8, 2019

FCA Settles Dealer Antitrust Suit

Fiat Chrysler has settled a lawsuit brought by seven dealers who leveled charges of antitrust violations and breach of contract in federal court, claiming the factory and competing dealerships conspired to falsify new-vehicle sales reports.

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Complianceby Tariq KamalApril 8, 2019

Indiana AG Continues Crackdown on Dealer Mailers

Indiana Attorney General Curtis Hill has charged a Texas company with sending deceptively worded prize notification-style mailers to 2.1 million residents on behalf of Indiana auto dealers.

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Showroomby StaffApril 4, 2019

Autotrader Lists Top 20 Tax Refund Cars

The IRS’s new withholding guidelines have reduced the average American’s federal tax refund to $3,140. What kind of used car can your next customer buy with that money? Autotrader’s Chris O’Neill found 20.

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Showroomby Tariq KamalApril 4, 2019

Tesla Sales Fall 31% in Q1, Stock Follows

Shares of Tesla Inc. fell by 9% following an underwhelming first-quarter sales report, but executives say they have the demand and capital they need to meet their 2019 production goals.

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Complianceby StaffApril 3, 2019

700Credit Integrates With IDOne

700Credit has integrated with IDOne, RouteOne’s proprietary in-dealership identity verification tool.

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