Dealer News

The Michigan Department of State issued a summary suspension to a used-car dealer after inspectors went to inspect his records and found the store closed. In February, a department agent…
A new survey reveals 80 percent of entrepreneurs are confident their small business will outlast a market downturn Polling more than 500 U.S. small business owners across a variety of…
Used car sales are expected to come in slightly lower in June. Edmunds estimates that dealers will sell 3.4 million used cars in June, down from 3.5 million in May.…
Top-performing salespeople at car dealerships actively listened to callers 179 percent more often than bottom performers, according to a study by Marchex. The study analyzed 6,200 sales conversations during January…
The average age of light vehicles in operation (VIO) in the U.S. has risen again this year to 11.8 years, according to new research from business information provider IHS Markit.…
Otto Hahne, owner of City of Cars, Inc. in Troy, Mich., was recognized as the 2019 National Quality Dealer during the recent National Independent Automobile Dealers Association’s (NIADA) convention. In…
The Conference Board Consumer Confidence Index declined in June, following an increase in May. The Index now stands at 121.5, down from 131.3 in May. Consumers’ outlook for the labor…
Cox Automotive’s iRecon announced the introduction of the all-new iRecon: Vendor, a mobile application to help vendors manage their workloads and dealer interactions across the reconditioning process. Acquired by vAuto…
NextGear Capital is hosting a webinar titled “Building a Foundation for Success in Uncertain Times” June 25 to help dealers improve their inventory strategy. The webinar will be hosted by…