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Digitalby StaffMay 9, 2022

DriveCentric and CUDL Announce New Integration for the CUDL Auto Lending Platform

This integration allows DriveCentric dealership partners to connect with the nation’s largest network of over 1,100 local and national credit union lenders and their 64+ million members. 

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Awardsby StaffMay 9, 2022

Vic Vaughan Toyota of Boerne Receives Trifecta of Most Prestigious Toyota Dealership Honors and Named to Parts & Service Recognition Program

Small-town Boerne Toyota dealership emphasizes family atmosphere and customer-centric service to compete With big dealerships in the largest US markets.

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Awardsby StaffMay 9, 2022

Colliers Weitzman Concludes Sale of Mercedes-Benz Property of West Chester

The modern auto dealership facility of 120,000 square feet sits on 10 acres along Route 202 in West Chester.

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Industryby StaffMay 5, 2022

Black Book’s Used Vehicle Retention Index Drops Again as Rollercoaster Ride Continues

The seasonally adjusted Retention Index went down to 185.4 points in April 2022 as high gas prices strengthen some segments and weaken others.

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Dealer Opsby StaffMay 4, 2022

Volkswagen Remains Bullish on 2022 Outlook

Volkswagen forecasts its sales will rise 8%-13%, an operating profit margin of 7.0%-8.5% and an increase in deliveries of 5-10% in 2022.

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Industryby StaffMay 4, 2022

Black Book: Weekly Market Insights

The Used Retail Days-to-Turn Estimate has continued to drop over the last few weeks and remains below 36 days.

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Dealer Opsby StaffMay 3, 2022

Toyota, Honda, Hyundai and Kia Sales Plummet in April

The loss leader in this equation was Toyota Motor Corp., which saw April sales volume fall 23%.

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Dealer Opsby StaffMay 3, 2022

GM Looks to Pricing Power and Pent-Up Demand to Keep Profits High

The automaker saw a Quarter One net income of $2.9 billion, just 2.7% lower than 2021, despite $2.5 billion in increased costs as global revenue rose 11%.

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Dealer Opsby StaffMay 3, 2022

Toyota to Hit Tax Credit Limit for EVs and Hybrid Vehicles

Toyota Motor Corp. is getting closer to using up a key U.S. tax credit for hybrid and electric vehicles, a situation company leaders say will raise its costs and hinder the adoption of climate-friendly cars.

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Digitalby StaffMay 2, 2022

DealerBuilt Acquires Vistadash

DMS innovator continues to shape the future of automotive retail with acquisition of marketing intelligence platform.

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