The latest report from the Automotive News Data Center finds U.S. franchised dealers were sitting on nearly 3.8 million new units as of Aug. 1, a 27-year high.
Roadster analysts say many American car buyers and lessees are wary of F&I product presentations and frustrated by lengthy, inefficient processes and a lack of transparency in pricing.
Nissan will end production of the diesel V-8 variant of the Titan XD in December after failing to capture more than a fraction of U.S. full-size pickup sales in the first half of 2019.
Steven E. Starks, president of the Utah Jazz and LHM Sports & Entertainment, has been named CEO of the Larry H. Miller Group of Companies.
Kelley Blue Book editors rank and comment on the 10 Best Back-to-School Cars for 2019, all starting at around $20,000 or less and still available on new-car lots.
Black Book’s Used Vehicle Retention Index showed no change overall from June to July, but a closer look reveals ‘very clear trends’ in several key segments.
CarOffer was designed to leverage the power of national scale, data and new technology to enable dealers to trade for more vehicles, virtually eliminate risk, and guarantee efficient 45-day turn times.
Affinitiv has released ‘Razor and Razor Blade Model,’ a new whitepaper designed to offer guidance to dealers concerned about sustaining profitability while sales and front-end margins decline.
LendingTree analysts have discovered a correlation between commute times and auto loan balances, finding that car buyers borrow $269 for every additional minute between home and work.
Scott Drehs has been named ADESA’s first-ever leader of major dealer accounts after serving as regional vice president of operations for AFC, another KAR Auction Services brand.
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