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JDP: Subaru, Lexus Lead Brand Loyalty Rankings

JDP: Subaru, Lexus Lead Brand Loyalty Rankings

Subaru led all U.S.-sold marques in J.D. Power’s first-ever brand loyalty study, recapturing 61.5% of owners who completed a trade-in or purchase between June 2018 and May 2019.

July 19, 2019

KBB.com Names 10 Most Awarded Cars, Brands of 2019
Swapalease: Approvals Dip to 65% in June

Swapalease: Approvals Dip to 65% in June

Swapalease.com analysts say credit approvals declined after reaching 72.4% in May but report growing demand from consumers seeking lease contracts negotiated when incentives were stronger.

July 18, 2019

Peak Performance Adds Coffey, Martin

Peak Performance Adds Coffey, Martin

Tina Coffey and Serena Martin have joined Peak Performance Team as Southeast regional sales director and business development manager, respectively.

July 18, 2019

APCO Appoints McKenna to SVP Role

APCO Appoints McKenna to SVP Role

Former Autotrader executive Matt McKenna has joined APCO Holdings as senior vice president of GWC Warranty and APCO Marketing.

July 18, 2019

Price Hike: Tesla Drops Base Models

Price Hike: Tesla Drops Base Models

The starting prices for the Model X SUV and Model S sedan went up nearly $5,000 overnight following the abrupt deletion of their ‘standard range’ variants from Tesla’s lineup.

July 17, 2019

Calif. Dealer Wins $15.8M in Toyota Lawsuit

Calif. Dealer Wins $15.8M in Toyota Lawsuit

An Orange County jury found in favor of Toyota dealer Roger Hogan, who sued the factory for fraud and breach of contract amid claims the manufacturer concealed safety defect data and retaliated against him for going public with his concerns.

July 16, 2019

A Little More Auction: Elvis-Owned Lincoln, Harley, GMC for Sale
Ford, VW Reach Deal on Global Technology Partnership

Ford, VW Reach Deal on Global Technology Partnership

Ford Motor Co. and Volkswagen AG have forged a new partnership centered on electric-vehicle and autonomous driving technology that calls for billions of dollars in investments and the introduction of a range of new vehicles.

July 12, 2019

MAX Digital Partners With LotVantage to Drive Social Leads
Last VW Beetle Rolls Off Production Line

Last VW Beetle Rolls Off Production Line

Volkswagen de Mexico has built its final Beetle, capping a legacy of 21.5 million units sold worldwide — including 5 million in the U.S. alone — and clearing the way for a new SUV.

July 11, 2019

Kamal to Lead Industry Summit Advisory Board

Kamal to Lead Industry Summit Advisory Board

Auto Dealer Today and F&I and Showroom’s Tariq Kamal will helm the advisory board for this year’s Industry Summit, leading a group tasked with building an agenda tailored to the needs of dealers, F&I professionals, and industry members.

July 10, 2019

Report: Slow Sales Aside, Auto Groups Outperform Market

Report: Slow Sales Aside, Auto Groups Outperform Market

Kerrigan Advisors analysts say the stock prices for America’s seven publicly traded dealership groups are outpacing the broader U.S. equity markets and could soar higher on lower interest rates and new trucks.

July 10, 2019

Used Vehicle Retention Index Ticks Up in June

Used Vehicle Retention Index Ticks Up in June

Black Book analysts say full-size vans and premium sports cars helped used-vehicle values start summer on a strong note, ticking up 0.6% from May to finish at 115 in June.

July 9, 2019