Dealer News

Six Indiana motorcycle dealerships charged excessive document-preparation fees to more than 1,700 consumers over a two-year period, according to Attorney General Todd Rokita. The agreements call for the dealerships –…
Toyota has overtaken Mercedes-Benz to claim pole position as the world’s most valuable automobile brand for the first time since 2017, following a modest 2 percent uplift in brand value…
HGGC, a private equity firm, has sold Dealer-FX, a market-leading provider of customer experience and process automation software for automotive retailers and OEMs, to Snap-on Incorporated, a manufacturer of tools,…
Wholesale used vehicle prices (on a mix-, mileage-, and seasonally adjusted basis) increased 3.79 percent month-over-month in February. This brought the Manheim Used Vehicle Value Index to 169.2, a 17.9…
Black Book released its Used Vehicle Retention Index for February 2021 and the 132.3 mark Is a 2.6 percent increase fro m January ’s 128.9. “We continue to see tremendous …
Risk Theory LLC is pleased to announce the rebranding of their auto dealer programs as Risk Point. The programs will continue to operate under the leadership of industry veteran and…
Texas-based Toyota Motor North America (TMNA) has pledged $1 million in relief for storm victims. The aid will serve both customers and a variety of Texas-based nonprofit organizations. Sean Suggs …
Alamo reported net sales for the fourth quarter 2020 of $288.6 million compared to net sales of $300.2 million in the fourth quarter of 2019, a decrease of 3.8 percent.…
According to the J.D. Power 2021 U.S. Automotive Commercial Lending Satisfaction Study, the difference between good and great dealer-lender relationships comes down to four key steps that can set the…