Sales of Luxury SUVs Hit Record High, New Edmunds Report Reveals

Sales of Luxury SUVs Hit Record High, New Edmunds Report Reveals

September 13, 2018 No Comments

Santa Monica, CA — September 13, 2018 — The luxury vehicle market is on track for a near-record year, according to a new report released by the car shopping experts at Edmunds. Edmunds data reveals that 1.3 million new luxury vehicles were sold through August 2018, accounting for 11.4 percent

Curaytor Announces Platform Expansion to Modernize Small Business Digital Marketing and Replace Customer Relationship Management Systems

Curaytor Announces Platform Expansion to Modernize Small Business Digital Marketing and Replace Customer Relationship Management Systems

September 13, 2018 No Comments

Orlando — September 10, 2018 (GLOBE NEWSWIRE) — Curaytor, a full-service digital marketing company that helps small businesses grow, today announces the expansion of its platform with new technology and tools: Convert and CAB (Create, Advertise, Blast). Small business owners no longer need to rely on outdated customer relationship management

Hudson Cook Partner Patty Covington Named to Inaugural Women in Auto Finance Honoree List

Hudson Cook Partner Patty Covington Named to Inaugural Women in Auto Finance Honoree List

September 12, 2018 No Comments

Hanover, MD — September 10, 2018 — Hudson Cook, LLP is pleased to announce that Patty Covington, a partner in the firm’s Richmond, Virginia office, has been named to the inaugural list of Women in Auto Finance, sponsored by Cherokee Media Group. Patty has practiced in consumer financial services for

ACV Auctions on Pace to Sell Over 100,000 Vehicles Annually in the U.S., Gaining Share of Wholesale Automotive Market

ACV Auctions on Pace to Sell Over 100,000 Vehicles Annually in the U.S., Gaining Share of Wholesale Automotive Market

September 11, 2018 No Comments

Buffalo, NY — September 10, 2018 — ACV Auctions Inc., the leading dealer-to-dealer, online wholesale auction platform, sold over 8,600 vehicles in August, and is on pace to sell over 100,000 vehicles annually in the United States. The rapidly growing wholesale automotive solution finished August over three times larger than sales

Dealertrack DMS’ Lifetime Learning Portal Answers Industry Need for Customized, Comprehensive Training

Dealertrack DMS’ Lifetime Learning Portal Answers Industry Need for Customized, Comprehensive Training

September 11, 2018 No Comments

Salt Lake City — September 7, 2018 — As a lack of ongoing training continues to impact employee retention and overall profitability, dealerships nationwide are hard-pressed to reassess their employee programming strategies. According to a recent Cox Automotive dealership staffing study, only 54 percent of new hires in customer-facing roles

Toyota’s Bob Carter to Headline AIADA’s 49th Annual Meeting

Toyota’s Bob Carter to Headline AIADA’s 49th Annual Meeting

September 11, 2018 No Comments

Alexandria, VA — September 10, 2018 — The American International Automobile Dealers Association (AIADA) today announced that Bob Carter, Executive Vice President of Sales at Toyota Motor North America, will provide keynote remarks during the association’s 49th Annual Meeting and Luncheon on January 27, 2019 in San Francisco. During the

Downey Nissan Boosts Social Media Interactions 627% With Vboost Viral Videos

Downey Nissan Boosts Social Media Interactions 627% With Vboost Viral Videos

September 10, 2018 No Comments

Newport Beach, CA — September 10, 2018 — In the six-month period from February through July 2018, Downey Nissan, California’s #1 volume Nissan dealer, experienced a viral lift of 627 percent in their social media marketing program, attributed to videos sent out by Vboost, an automotive viral marketing company. The viral

New Automotive Service Industry Study Reveals Entry Points to Multibillion-Dollar Opportunity

New Automotive Service Industry Study Reveals Entry Points to Multibillion-Dollar Opportunity

September 5, 2018 1 Comment

Redwood City, CA — September 5, 2018 — Amid the flattening automotive retail market, dealerships are turning to fixed operations to future-proof their businesses. Surveying 3,550 consumers and 404 franchise dealership employees, Cox Automotive Inc. conducted the 2018 Service Industry Study to explore the current state of the service market

Zero Percent Finance Deals Evaporate in August, According to Edmunds

Zero Percent Finance Deals Evaporate in August, According to Edmunds

September 5, 2018 No Comments

Santa Monica, CA — September 4, 2018 — Zero percent finance deals were more elusive than expected for car shoppers in August, according to the experts at Edmunds. The percentage of sales with zero percent finance deals has been cut in half in the last two years—dropping from 14.6 percent