High Interest Rates, Slow Economy Repress U.S. Auto Dealer Sentiment
The Q3 report is the fifth consecutive quarter with dealer sentiment below the 50 threshold.
Coats Releases New CHD 6330 Heavy Duty Tire Changer Model
Its versatile four-jaw chuck enables swift and secure clamping of diverse rim styles, including de-mountable, reverse disc, standard disc, and off-road wheels.
New-Car Prices Virtually Flat YOY Due to Declining EV Prices
The average transaction price of a new vehicle in August was $48,451, up only $42 from one year ago.
FrogData Partners with Minnesota Automobile Dealers Association
Under this agreement, MADA will endorse and recommend FrogData’s solutions to its network of dealer members across Minnesota.
Auto Dealer Study Reveals Ways to Increase Appointment Success
The study showed when the trade was discussed, the likelihood of setting an appointment jumped from just over 24% to 42%.
DOWC Is One of New Jersey’s Best Places to Work
DOWC received high marks for its workplace environment, company ethics and policies, and for providing an opportunity for growth.
DealerBuilt Pulls into Service Lane with Acquisition of iService Auto
iService’s solution is a key piece in an M&A strategy that unlocks the ability for DealerBuilt customers to run all their departments on one integrated platform.
Mopar, Petra Partner to Launch New Maintenance Products
Petra will provide a suite of Mopar products, including chemicals to help maintain the fuel system, diesel fuel system and A/C systems of the vehicles serviced.
Dealerware, Tekion Partnership Saves Time with Self-Service Check-In, Automated RO Tracking
The Tekion and Dealerware partnership utilizes Dealerware API to automate the flow of customer information between Tekion DMS and Dealerware’s courtesy loaner management platform.
CarNow Appoints Kayne Grau as New CEO
CarNow recently announced the appointment of Kayne Grau as chief executive officer and as a member of the Board of Directors, effective immediately. Grau will work closely with the CarNow leadership team to accelerate product innovation, strengthen the company’s network of industry partners and grow its customer base. Grau has held senior leadership positions at
Dealer Funnel Welcomes Dan Moore to Board of Directors
Moore’s appointment comes at a time when Dealer Funnel continues to innovate in the automotive sales industry, integrating AI features and offering an extensive array of tools that allow dealerships to communicate more efficiently and effectively with their leads.
Manheim Tapped to Host Digital Private Store for Fusion Auto Finance
Fusion Auto Finance is now able to consolidate its multiple disparate platforms into a single, seamless experience.