Dealer News

Black Book released its Used Vehicle Retention Index for September 2020 (130.8), showing a 1.8 point increase from August (129.0). “Overall, the Index increased slightly in September,” said Alex Yurchenko,…
Total nonfarm payroll employment rose by 661,000 in September, and the unemployment rate declined to 7.9 percent, the U.S. Bureau of Labor Statistics reported Oct. 2. These improvements in the…
Jim Farley, who succeeded Jim Hackett as Ford’s president and CEO, outlined key goals and organizational changes during a virtual town hall meeting Oct. 1 with the company’s global team.…
North American Car, Utility and Truck of the Year (NACTOY) has announced that 27 new vehicles have made its list of semifinalists for the 2021 awards. The list includes eight…
The Consumer Financial Protection Bureau recently settled with Lobel Financial Corporation, an auto-loan servicer based in Anaheim, Calif. The Bureau found that Lobel engaged in unfair practices with respect to…
Cars.com digital automotive marketplace and solutions provider, prepares its annual Car Seat Check Honor Roll to arm parents and caregivers with vital information on which family vehicles best fit car…
New Jersey Attorney General Gurbir S. Grewal announced that nine individuals have been charged with conspiring to use stolen identities to obtain New Jersey digital driver’s licenses which they used…
Protective Asset Protection, a provider of F&I programs, services and dealer owned warranty company programs, found that the COVID-19 pandemic forced many dealers to quickly implement digital retailing options. It…
Kelley Blue Book studied the marketplace and unearthed which 2020 models will be heading into retirement, and which all-new vehicles are worth waiting for in 2021. “For car buyers looking…