GM Presents 2011 GM Auction of the Year Award

KANSAS CITY, MO— General Motors this week presented the 2011 GM Auction of the Year award to ADESA Kansas City.  Of the 35 GM Sponsored Auctions nationwide, ADESA Kansas City was recognized for its overall achievement in providing GM and its deal
Feb 23, 2012

vAuto Founder and Best-Selling Author Reveals The New Science of Used Vehicle Management and Merchandising

Dale Pollak, founder of Digital Motor Works and vAuto, is sharing his expertise with automotive dealers and managers on provisioning — the new science of used vehicle management and merchandising. It takes more than intuition to run a successfu
Feb 23, 2012

Incentive Spending Down 9% in January

According to the NADA Official Used Car Guide Update for February 2012, overall incentive spending for the month decreased by -9% on a month-over-month basis to reach an industry average of $2,435 per unit. Highlights from February 2012 NADA Guidelin
Feb 22, 2012

Manheim’s Lilicia Bailey Names to Savoy Magazine’s 2012 Top 100 Most Influential Blacks in Corporate America

ATLANTA – Manheim Senior Vice President and Chief People Officer Lilicia Bailey has been selected as one of Savoy Magazine’s “2012 Top 100 Most Influential Blacks in Corporate America.” Bailey and the other honorees, which include prominent
Feb 21, 2012

‘I Learned it All from You”

Looking back over my 30 years in the training business it never ceases to amaze me how our industry changes so rapidly, yet stays the same.  Basic fundamentals that have made each one of your dealerships what they are today have survived the years.
Feb 16, 2012

Used Vehicle Prices Expected to Increase 3-5% in 2012

According to Kelly Blue Book’s recent issue of the Blue Book Market Report for February 2012 on the Q1 and Q2 Outlook for used vehicles, Kelley Blue Book expects supply to remain a significant challenge for dealers in 2012, and as a result, they
Feb 16, 2012

Penske Automotive Reports Used Unit Retail Sales Up 20%

BLOOMFIELD HILLS, Mich. — Penske Automotive Group, Inc. announced this week that fourth quarter 2011 income from continuing operations attributable to common shareholders increased 22% to $42.5 million and related earnings per share increased 2
Feb 16, 2012

Consumer Tips for Buying an Extended Vehicle Warranty for a New or Used Vehicle

TALLAHASSEE, Fla. — The Service Contract Industry Council (SCIC) works directly with state legislators nationwide to regulate the licensing of motor vehicle service contract providers, mandate significant consumer protections and to implement
Feb 16, 2012

General Manager of Dominion Dealer Solutions Explains How To Unlock Potential Used Inventory Treasures from the CRM

Glen Garvin, group general manager, Dominion Dealer Solutions, is sharing his expertise with automotive dealers and managers on how to unlock potential used inventory treasures from the CRM. Tight vehicle supply is one of the biggest challenges facin
Feb 16, 2012