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CareGard/AFG Grows Team, Poised for Expansion

CareGard/AFG Grows Team, Poised for Expansion

CareGard Warranty Services/AFG Companies announced the addition or promotion of four executives and plans to expand facilities and put a new emphasis on income development for dealers and agents.

April 18, 2019

KBB.com Names 2019 Brand Image Award Winners

KBB.com Names 2019 Brand Image Award Winners

Honda, Lexus, and Toyota lead the nonluxury, luxury, and truck categories in Kelley Blue Book’s latest rankings of factories that successfully generate ‘attention and enthusiasm’ among new-car buyers.

April 17, 2019

Singh Joins NAC as CTO

Singh Joins NAC as CTO

Twenty-year industry veteran Pankaj Singh has been named chief technology officer at National Auto Care, where he will lead the company’s IT and project management teams.

April 16, 2019

Study: Americans Prefer Fewer Dealerships, Faster Decisions, Used Vehicles
Trump Touts Tax Cuts on Dealer Visit

Trump Touts Tax Cuts on Dealer Visit

President Trump kicked off a weeklong public awareness campaign for the 2017 Tax Cuts and Jobs Act with a visit to Nuss Truck and Equipment in Burnsville, Minn.

April 16, 2019

NADA: F&I Income, Penetration Rates Remain Strong

NADA: F&I Income, Penetration Rates Remain Strong

Despite escalating new-car prices and plateauing sales, NADA analysts report little change to American dealers’ per-copy average, penetration rates, and F&I income as a percentage of gross profit in 2018.

April 16, 2019

IHS: EV Sales, Loyalty Reach Record Highs
Lamborghini Adds Selezione CPO Program

Lamborghini Adds Selezione CPO Program

Lamborghini has launched a new certified pre-owned program in the U.S. and other markets, promising carefully maintained and thoroughly inspected and road-tested units to discerning used-car buyers.

April 12, 2019

Dent Wizard Rebrands F&I Division

Dent Wizard Rebrands F&I Division

Dent Wizard has introduced Evolution, a rebranded F&I division dedicated to continued innovation in vehicle protection products and a high standard for customer service.

April 12, 2019

Moreno Sells 7 Dealerships to Focus on Title Tech

Moreno Sells 7 Dealerships to Focus on Title Tech

Bernie Moreno has sold all but two of his auto dealerships to Canada’s Rafih group in an effort to devote himself more fully to his blockchain technology firm and its recently unveiled CHAMPtitles solution.

April 11, 2019

Report: 2019 Depreciation Rate Up Sharply to 15%
Autotrader Names Best New Cars for 2019

Autotrader Names Best New Cars for 2019

Autotrader has released a list of 12 2019-MY vehicles that offer the latest in design, technology, and features and are available to U.S. buyers for $75,000 or less.

April 11, 2019

Swapalease: March Approval Rates Exceed 70%
Manheim Orlando Gets $4.8M Recon Center

Manheim Orlando Gets $4.8M Recon Center

Manheim executives cut the ribbon on a new, $4.8 million reconditioning center at the company’s second largest wholesale auction location.

April 10, 2019

NAE/NWAN Launches Powersports VSC Program

NAE/NWAN Launches Powersports VSC Program

National Automotive Experts and NWAN announced the launch of Extreme Powersports, a new service contract program for motorcycles, scooters, ATVs, personal watercraft, and more.

April 10, 2019