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Dealer Opsby StaffJune 21, 2021

Federal Reserve Keeps Interest Rates Steady While Accelerating the Timeline for Rate Hikes

Officials indicated they plan to raise interest rates by late 2023, a departure from their March prediction which called for no rate hikes until 2024.

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Dealer Opsby StaffJune 18, 2021

Consumers Shift Spending to Services

Retail sales dropped 1.3% in May, following a 0.9% gain in April, reported the U.S. Department of Commerce.

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Dealer Opsby StaffJune 17, 2021

Sedgwick Grows Automotive Claims Solutions with Two Strategic Acquisitions

Automotive Damage Appraisers of the Southwest and Metro Appraisal join Sedgwick, expand national reach of auto claims services.

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Dealer Opsby StaffJune 16, 2021

National Auto Care Selected by Kawasaki Motors Corp., U.S.A. as a New Provider for Preferred Protection Plus Programs

National Auto Care (NAC) and its line of powersports protection products, National Powersports Care, have been selected by Kawasaki Motors Corp., U.S.A. as the provider for their Preferred Protection Plus™ suite of products.

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Dealer Opsby StaffJune 16, 2021

Nissan Slows Production Amid Chip Woes

Nissan will suspend production of the Murano, Leaf and Maxima at its Smyrna, Tennessee, plant for four additional weeks after its summer shutdown ends.

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Digitalby StaffJune 15, 2021

Unified Office Launches Automotive Dealer Performance Suite at Digital Dealer Conference

Total Connect Now Automotive Performance Suite helps automobile dealers dramatically improve business communications, operations, and customer service.

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Auto Financeby StaffJune 15, 2021

Black Book: Weekly Market Updates

The May Retention Index showed another increase and broke yet another record, reaching 159.6 points, a 7.1 point (or 4.7%) increase from April (152.4).

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Auto Financeby StaffJune 15, 2021

CDK Global Introduces CDK OnePay Fueled by Global Payments

End-to-end solution through Fortellis to help dealers improve payment experience and drive revenue.

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Dealer Opsby StaffJune 14, 2021

Mazda North American Operations and Sunbit Partner in the Buy Now, Pay Later Space

Sunbit technology is currently available in 111 MNAO dealerships.

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Showroomby StaffJune 10, 2021

Inventory Shortages Drive Car Shoppers to Neighboring States

Car supply shortage squeezes sellers and shoppers as Cars.com finds nearly 1-in-3 recent buyers drove 100 miles or more for the car they want.

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