December 09, 2021
Dealer News
Dealers Reluctant to Move F&I Online
Staff Writer
November 17, 2021
A new report from automotive fintech innovator eLEND Solutions reveals that Digital Retailing (DR) capabilities continue to march forward for 84% of auto dealers, but that end-to-end DR adoption is…
Lithia Enters Powersports Market
Staff Writer
November 16, 2021
Lithia & Driveway has acquired Pfaff Harley-Davidson in Toronto, Canada. The location also becomes the first motorcycle dealership within the Lithia portfolio. “We are delighted to join the Harley-Davidson dealer…
Dealers Plan Investment in Cybersecurity
Staff Writer
November 11, 2021
Nearly half of automotive dealers surveyed plan to increase their investments in cybersecurity in 2022, compared to only 24% of dealers in 2020, according to a study by CDK Global.…
Airbag Law Focuses on Used Cars
Staff Writer
November 10, 2021
New York Gov. Kathy Hochul signed legislation that prohibits used car dealers from selling vehicles at retail without a functioning airbag. This bill is titled “Anthony Amoros’ Law” after a…
Black Book Releases White Paper
Staff Writer
November 10, 2021
Black Book, a division of Hearst that provides used vehicle valuation and residual value forecast solutions, announced its latest white paper, The Automotive Industry Crystal Ball: Retail Market Insights. Retail…
State Law Adjusts Dealership Hours of Operation
Staff Writer
November 05, 2021
Michigan legislation sponsored by Sen. Kim LaSata that would provide better flexibility for Class A and Class B car dealers to run their business was signed into law by Gov.…
Used Car Retention Rate Rises
Staff Writer
November 04, 2021
Black Book on Nov. 3. released its Used Vehicle Retention Index for October 2021, which increased to 180.2 points, a 10.8 point (or 6.4%) increase from September (169.5). Alex Yurchenko…
Dealership Group Partners with RecovR
Staff Writer
November 02, 2021
RecovR, the two-in-one lot management and theft recovery solution, has been deployed across all dealerships belonging to The Niello Company. RecovR should protect Niello and its customers from the increasing…
Man Sentenced for Fatal Kidnapping of Car Dealer
Staff Writer
November 02, 2021
A California man was sentenced today to 195 months in federal prison for kidnapping a car dealer whose parents were extorted for $2 million in ransom before the victim was…
