
Dealership Profits Decline
While new and used retail sales stagnated, dealerships have been particularly supported by fixed operations and finance-and-insurance profits, according to a new report.
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While new and used retail sales stagnated, dealerships have been particularly supported by fixed operations and finance-and-insurance profits, according to a new report.
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An online dealer survey commissioned by Protective Asset Protection shows sales of F&I products were up an average of 10% in 2018 despite flat overall margins.
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California Dealer Howard Hakes will serve as chairman for the American International Automobile Dealers Association for the 2019 term.
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BMW, Chevrolet, Ford, Mercedes-Benz, and Toyota were among the big winners in Cox Automotive’s first-ever Retail Brand Scorecards study, for which analysts sought to rank OEMs in six attributes that directly affect dealership performance.
Read More →National Auto Care announced the addition of Ecliptic Capital and Optimal Symmetry’s Michael Boyle to its board of directors.
Read More →Dealertrack is set to unveil a comprehensive suite of solutions designed to streamline the registration and titling process in all 50 states at the 2019 NADA convention.
Read More →A new collaboration between AmTrust Financial Services and PCMI Corp. will integrate PCMI’s reporting solution with AmTrust’s administration software.
Read More →Vehicle Administrative Services is now the exclusive roadside assistance provider for service contract administrator AUL Corp.
Read More →GWC Warranty has earned recognition as a best workplace from the National Association of Business Resources and the Wilkes-Barre Times Leader.
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Texas Gov. Greg Abbot announced the impending formation of a statewide Connected and Autonomous Vehicle Task Force.
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Colonnade Advisors has released ‘Vehicle Service Contract Industry,’ a new whitepaper offering expert analysis of and commentary on the state of a cornerstone F&I product.
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