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Car buyers believe that dealers make about five times more profit on the sale of a new car than they actually do, according to a new study commissioned by TrueCar.
Read More →Dealertrack Technologies’ all-new Inventory+ offers a vehicle trade-in quote module designed to help dealers win more trade-ins and convert more leads into sales. The tool also offers a fully integrated transportation tool.
Read More →The Kerrigan Quarterly Blue Sky Report also finds that blue sky pricing remains high for most franchises, with the market having established a pricing floor.
Read More →F&I Express announced a strategic partnership with Supreme Software and integration with the F&I software provider’s Dealership Tracker.
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During the CFPB’s semi-annual report to the House Financial Services Committee, Director Richard Cordray said the agency will be releasing a white paper on the methodology it uses to determine the presence of discrimination in auto loans.
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This week, New York Governor Cuomo signed a pro-Tesla bill into law. The New Jersey Assembly also voted to allow manufacturers to directly sell zero-emissions vehicles to consumers.
Read More →Andriod users can now appraise, stock, buy and sell automotive inventory through DealerMatch’s dealer-to-dealer marketplace using their mobile devices.
Read More →Four affiliated dealerships in western Massachusetts have agreed to pay $175,000 over six months to resolve allegations that they regularly published misleading advertising and failed to follow through on sales prices and promotions.
Read More →Frank C. Videon Jr., who was forced by General Motors to close his dealership in 2009, passed away last week after a year-long battle with cancer.
Read More →SunTrust Banks Inc. is expanding its wholesale automobile dealer financial services to Dallas, Chicago and Boston as part of its national expansion strategy.
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