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MAX Digital Adds Trade Valuation Tool

MAX Digital Adds Trade Valuation Tool

MAX Trade Value was developed in partnership with auto dealers and designed to leverage deep market data to facilitate online trade-in valuations.

November 19, 2019

Experts Urge Dealers to Unite Sales and F&I

Experts Urge Dealers to Unite Sales and F&I

Learn how empowering sales to advocate for F&I promotes trust and transparency in the car buying process and maximizes the sale of protection products.

November 18, 2019

Bloomberg: FCA Banking Unordered Vehicles, Pressuring Dealers
Buick, Porsche Lead Latest Sales Satisfaction Index

Buick, Porsche Lead Latest Sales Satisfaction Index

J.D. Power analysts ranked Buick and Porsche highest among mass market and highline brands in its latest study dedicated gauging satisfaction and future loyalty among U.S. car buyers.

November 13, 2019

ADESA Adds VirtuaLane Support to Mobile App

ADESA Adds VirtuaLane Support to Mobile App

A new internal integration was designed to facilitate access to all 26 ADESA VirtuaLane locations through the company’s proprietary Marketplace mobile app.

November 13, 2019

Commercial Fleet Sales Flying High Again

Commercial Fleet Sales Flying High Again

Sales of vehicles to commercial fleets from nine manufacturers remained robust in October, while sales to government agencies and daily rental companies were sharply lower.

November 5, 2019

October Sales: SAAR Could Hit 17M for 5th Straight Year
Average New Vehicle Prices Up Nearly 3% in October
FCA, PSA Reach Tentative Merger Deal

FCA, PSA Reach Tentative Merger Deal

Fiat Chrysler and PSA Group have agreed to join forces to create the world’s No. 4 automaker in a $48 billion deal designed to save the factories billions in research and development costs.

October 31, 2019

Report: FCA and PSA in Merger Talks

Report: FCA and PSA in Merger Talks

Bloomberg reports Fiat Chrysler and PSA Group, which includes the Peugeot, Opel, and Citroen brands, could announce a merger as soon as this week, a deal that would form a General Motors-sized factory.

October 30, 2019

25 Porsche Dealers Pilot Online Sales and F&I Platform

25 Porsche Dealers Pilot Online Sales and F&I Platform

A group of U.S. Porsche dealers is piloting the German factory’s first-ever online sales and financing option, designed to limit the customer’s dealership experience to final signatures and delivery.

October 29, 2019

Capps Officially Promoted to Manheim Sales Leader
TechCrunch: Fair Lays Off 40% of Payroll, Fires CFO

TechCrunch: Fair Lays Off 40% of Payroll, Fires CFO

TechCrunch reports Fair CFO Tyler Painter, brother of CEO Scott Painter, and 40% of the vehicle subscription service’s staff have been let go. The moves cast doubt on the disruptor’s viability in an increasingly inhospitable startup market.

October 28, 2019

NADA: Franchised Dealership Payrolls Up Nearly 2%
Zotye Signs Dealers in 100 U.S. Markets

Zotye Signs Dealers in 100 U.S. Markets

The U.S. division of Chinese electric vehicle manufacturer Zotye Automobile announced it has signed agreements with 100 U.S. dealers in advance of its planned 2021 debut.

October 23, 2019