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New-vehicle sales are expected to decrease 0.7% year-over-year to a total of 1.49 million units, resulting in an estimated 16.5 million seasonally adjusted annual rate, according to a forecast from Kelley Blue Book.
Read More →The owner of a Virginia dealership was arrested after authorities discovered that he was selling fake tags that would allow drivers to delay properly registering their vehicle.
Read More →Public U.S. auto dealers are on pace to book $1 billion in acquisitions for the year, which would be an increase of 43% from 2013, according to a report from Haig Partners.
Read More →Inc. Magazine named the reputation management firm to its Top 5000 Fastest-Growing Private Companies list in the advertising and marketing category. The company was No. 1 in revenue and No. 5 in growth for Arizona-based companies.
Read More →A dealer who acquired clean titles for flood-damaged cars he bought at auction faces up to three years in prison. He must also reimburse the customers who purchased the seven vehicles.
Read More →US Equity Advantage has transmitted more than $1.3 billion in loan payments for its members, while maintaining compliance with the money transmitter requirements related to licensing and bonding in all 50 states.
Read More →The company will host its first annual User Summit in Albany, N.Y., on Sept. 19. More than sixty dealers and managers are slated to attend, where they will learn about the newest features of Auto/Mate’s DMS and the best practices associated with implementing new technology.
Read More →A monthly report from the firm shows that subprime auto lending has been fairly stable since 2012, and that originations have been shifting toward the higher end of the subprime credit-score spectrum, despite reports of an imminent ‘bubble’ in subprime lending.
Read More →The average number of sales per dealership in the United States is on track to hit an all-time record of 904 units based on vehicle sales of 16.2 million, according to a new report from Urban Science.
Read More →The company’s latest enhancement will allow users of VisionMenu to use a ‘print all’ capability after rating multiple providers and products simultaneously with vRate.
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