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Dealer Opsby StaffSeptember 22, 2021

AutoNation Names New CEO

Mike Manely will take over as CEO of AutoNation as current CEO Mike Jackson retires Nov. 1.

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Dealer Opsby StaffSeptember 22, 2021

GM Partners With Hertz to Up Loaner Pool at Dealerships

GM entered agreement with the rental car company to funnel more loaner vehicles to dealerships amid the global microchip shortage.

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Opinionby StaffSeptember 22, 2021

Annual NFL and Cars Survey Celebrates the Relationship Between NFL Fans and Car Enthusiasts

Annual survey illustrates where drivers feel their favorite cars align with certain NFL teams.

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Dealer Opsby StaffSeptember 21, 2021

Black Book: Market Update

Traditionally, as we move past Labor Day, values begin to decline, with the largest portion of the yearly depreciation typically occurring in the fourth quarter. However, that is not the case this year, we’ve now had four consecutive weeks of overall market increases in wholesale values.

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Dealer Opsby StaffSeptember 21, 2021

Inventory Slowly Bouncing Back as Demand Slows

Current inventory levels rest at a 31-day supply for U.S. dealers, reports Cox Automotive subsidiary vAuto.

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Digitalby StaffSeptember 20, 2021

Nationwide Study: Walk-Around Videos Increase Engagement Nearly 50%

Consumers spend 44% more time on a dealer website where vehicle videos were available.

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Dealer Opsby StaffSeptember 20, 2021

Record Profits, Cash Flow and Demand Drove Historic Valuations and Transactions in Q2 Auto Dealership Buy/Sell Market

Auto dealership buy/sell market on path to most active year in history – 320 transactions June 2020 to June 2021.

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Dealer Opsby StaffSeptember 20, 2021

U.S. Retail Sales Increase in August

The U.S. Commerce department reported the uptick of 0.7% in retail sales.

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Fixed Opsby StaffSeptember 16, 2021

Jason Stein Joins motormindz as President & Corporate Development Officer

Stein will play an integral role in expanding the motormindz global footprint and launching its venture fund, which will identify and accelerate business solutions for a rapidly changing automotive industry.

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Fixed Opsby StaffSeptember 16, 2021

Manheim Delivers Process Improvement Solution for Commercial Clients

Client shared services center meets clients’ needs for easier, faster post-sale operations.

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