June 20, 2021
Dealer News
Motorcycle Dealers Overcharged on Doc Fees
Staff Writer
March 11, 2021
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: Most Valuable Auto Brand
Staff Writer
March 10, 2021
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 Sells Dealer-FX
Staff Writer
March 09, 2021
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,…
Used Vehicle Prices Increase
Staff Writer
March 08, 2021
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: Retention Rates Increase
Staff Writer
March 03, 2021
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 …
Dealership Insurance Firm Rebrands
Staff Writer
March 03, 2021
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…
Toyota Pledges $1 Million for Storm Victims
Staff Writer
February 28, 2021
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 Group Reports Sales Decrease
Staff Writer
February 28, 2021
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.…
J.D. Power Releases Commercial Lending Satisfaction Study
Staff Writer
February 26, 2021
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…
