Dealership acquisitions can cost more than the sticker price. Before you acquire your next store, demand an IT assessment that covers software licensing, hardware vitality, network integration, contractual obligations, and phone system compatibility.
A coalition of 13 attorneys general led by New York Attorney General Eric Schneiderman told the Trump administration it could expect a "vigorous" legal challenge to any attempt to weaken pollution standards for light-duty vehicles.
A survey of more than 9,000 vehicle owners found that 38% of them plan to buy used on their next purchase. That percentage grew to 53% among individuals under 40 years ago age.
The technology firm's econtracting platform has now booked 7.5 million econtracts. It also claims more than 6,000 active dealers, 36 live and in-pilot finance sources, and 12 econtracting-integrated dealership management systems.
Dealer IT security expert Erik Nachbahr is warning dealers not to click on social media posts that may contain malware.
Dealers who use both systems will benefit from the increased business intelligence that their DMS and CRM deliver via real-time data exchanges between the systems
Nearly a third of dealerships don’t have a succession plan in place, according to a survey conducted by the National Alliance of Auto Dealer Advisors. The No. 1 inhibitor is time and the current owner’s willingness to step back.
As part of its 100th anniversary, the National Automobile Dealers Association has partnered with the Hagley Museum and Library, a Smithsonian affiliate, to create a digital collection of historic publications, press releases, photographs, video and other collateral.
A month after joining forces with American Auto Shield, KISS Concepts' Rod Heasley announced the launch of a new vehicle service contract program that allows buyers to build their own unique plan.
RoadVantage won the first-place Diamond award in the F&I Product category in the 2017 Dealers’ Choice Awards.
F&I and Showroom’s Gregory Arroyo will chair the 20 Group-like event, which will close out Industry Summit 2017 on Sept. 14. This year’s theme: ‘Making F&I Great Again.’
The dealership officially opened its doors in October 2016. It’s currently housed in a temporary facility while its permanent showroom is being built.
The motor club found that synthetic oil performs nearly 50% better than conventional oil in tests. AAA also found, however, that most U.S. drivers are either unsure or do not believe the more expensive synthetic oil is better for a vehicle’s engine.
The integration was designed to provide auto dealers with real-time updates seamlessly in both Autobase’s CRM and DealActivator’s award-winning equity mining tool.
Reflecting the shift toward more creditworthy borrowers was the rise in average credit scores for both new- and used-vehicle loans. But the retreat from the high-risk tiers also comes during a quarter in which the average new-vehicle finance amount and monthly payment reached record highs.
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.
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