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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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SEARCHMENUSEARCHWhile 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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Remarketing by Element has joined the NIADA’s network of National Member Benefit partners and will offer prime lane placement, among other benefits, to the dealer association’s members.
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Get a five-minute crash course in the five ways the Trump administration’s sweeping tax reform package affects your corporate structure, personal income, and succession planning.
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China has agreed to reduce import taxes on U.S.-built vehicles from 40% to 15% for the duration of a 90-day countdown to a new trade deal between the world’s two largest economies.
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Black Book’s final depreciation report of 2018 finds prices for used cars and trucks decreased by 2.7% and 2.3%, respectively, with declines among compacts, minivans, and full-size utilities setting the pace.
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Cox Automotive’s latest Dealer Sentiment Index finds a ‘notable negative turn’ among U.S. dealers, the majority of whom took a dim view of the fourth-quarter market and their 2019 prospects.
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Insurance Auto Auctions has opened a new, state-of-the-art facility with room to grow in Flint, Mich.
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KAR Auction Services has consolidated its Recovery Database Network management team following the company’s acquisition of Clearplan.
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ADESA has named 20-year industry veteran Dave Fountaine as the new general manager of its Buffalo auction.
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The number of electric vehicles on U.S. roads will double in the next three years, according to a new report from the Edison Electric Institute.
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Experts say a growing affordability gap is driving renewed interest in late-model sedans as new-vehicle buyers and manufacturers go all-in on SUVs and trucks.
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