Dealer News

The Michigan Independent Automobile Dealers Association named Jim Van Paemel, owner of Victory Motors, as its State Quality Dealer of the Year. He will contend for next year’s National Quality…
The average transaction price (ATP) for a new automobile in July 2021 hit a record high in the United States at $42,736, according to the analysts at Kelley Blue Book.…
Sonic Automotive, one of the nation’s largest automotive retailers, will provide all hourly Sonic Automotive and EchoPark Automotive employees a minimum wage of $15 an hour. The new pay plans…
The auto loan default rate was up one basis point to 0.31%, according to data through July 2021 released by S&P Dow Jones Indices. The indices represent a comprehensive measure…
Overall customer satisfaction in the U.S., tracked by the American Customer Satisfaction Index, showed no change – not even at the first decimal – in the second quarter of this…
The world’s largest traveling car show will once again roll through the heartland as MotorTrend’s 27th annual Hot Rod Power Tour Presented by HP Tuners and Driven by Continental Tire …
Illinois Governor JB Pritzker signed House Bill 3940 into law, promising that automobile mechanics at dealerships are paid fairly for their skilled labor. “When we prioritize middle-class families by making…
Despite the month-to-month stabilization of used heavy-duty truck and construction equipment inventory levels within Sandhills Global marketplaces in July, auction and asking values continue to rise, according to a new…
Six of the top 10 vehicles floor planned with NextGear Capital in Q1 and Q2 2021 represent the two most popular vehicles in America: the Ford F-150 and the Chevrolet…