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Trucks and sedans continue to dominate the list of America’s most floorplanned vehicles, but NextGear Capital analysts say SUVs and CUVs are gaining fast.
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FICO’s second annual survey of auto finance customers finds the United States and Canada atop the dealer-arranged financing rankings even as the number of auto loans originated online jumped from 5% to 13% year-over-year.
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The man who sold 13,001 vehicles from a Detroit-area Chevrolet dealership and enjoyed a second career as an internationally renowned speaker and author has died.
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The White House’s proposed 2020 budget would allow the federal electric-vehicle tax credit to expire and terminate an Energy Department program that helped fund investments in EV production by three manufacturers in seven states.
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The National Automobile Dealers Association has named Juliet Guerra director of media relations and announced promotions for media and legislative experts Jared Allen and Ben Tesfazghi.
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Manheim’s new suite of decisioning products promises to deliver new value to wholesale clients by leveraging data and insights from Manheim and parent company Cox Automotive.
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PassTime and AFS Dealers have completed a software integration designed to allow BHPH and LHPH dealers to manage multiple facets of their businesses on one interface.
Read More →Dealers using StoneEagle F&I’s electronic menu now have access to F&I Express’ network of aftermarket providers.
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A new partnership with Competitive Inventory Acquisitions was designed to ensure Lotpop dealers’ inventories match their sales velocity.
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U.S. dealers started the month with a 78-day supply of unsold vehicles, the highest number for March since 2009 and the largest total volume since July 2017, according to Automotive News.
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