Dealer News Stories

02
April
2024

Join the MidAtlantic 20 Groups

Join the MidAtlantic 20 Groups

Have you been thinking about joining a 20 Group but can't spend multiple days away from your dealership? Are you in a 20 Group and tired of expenses for fancy hotels in exotic destinations? We have the answer for you. Join our MidAtlantic 20 Groups! Future plans may include a second BHPH group and a RETAIL group!

Categories: Dealer News Stories, News

01
April
2024

A Legislative Update - FTC: CARS Rule

A Legislative Update - FTC: CARS Rule

Note: The FTC CARS rule is currently being challenged legally by the National Automobile Dealers Association and the Texas Automobile Dealers Association. The legal challenges highlight that this rule was an abuse of discretion by the FTC. The 5th Circuit Court of Appeals has agreed to hear the petition.

Categories: Dealer News Stories

01
April
2024

A Generous Donation by America’s Auto Auction Erie Ignites Community Spirit

A Generous Donation by America’s Auto Auction Erie Ignites Community Spirit

The America’s Auto Auction Erie event showcased the power of giving back. It raised over $5000, thanks to a generous bid from Jamie Young of Pinegrove Auto Sales.

Categories: Dealer News Stories

01
April
2024

CELEBRATING 20 YEARS OF AUTOMOTIVE EXCELLENCE: The Legacy of Greater Erie Auto Auction

CELEBRATING 20 YEARS OF AUTOMOTIVE EXCELLENCE: The Legacy of Greater Erie Auto Auction

Greater Erie Auto Auction proudly celebrates its 20th anniversary on April 23rd, and it’s a moment to reflect on the legacy it has built-in Fairview, Pennsylvania.

Categories: Dealer News Stories

01
April
2024

Let’s Make Sure We Are All On the Same Page – Lender/Consumer!

Let’s Make Sure We Are All On the Same Page – Lender/Consumer!

CFPB Supervision Alert: CFPB Issues First Risk-Based Supervision Order

Categories: Dealer News Stories

01
March
2024

Should you track your calls? ABSOLUTELY: 100%

Should you track your calls? ABSOLUTELY: 100%

Did you know that customers spend an average of 14 hours online doing vehicle research? That means before they even call you, they have been shopping around. Therefore, you are going to want to nail your first phone call with the customer!

Categories: Dealer News Stories

01
March
2024

Predicted APR Drop Expected to Spur Auto Sales

Predicted APR Drop Expected to Spur Auto Sales

High loan rates of late have scared off some would-be car buyers. A MarketWatch study foresees interest rates finally coming down. That’s good news in general but especially for the auto world, one of the most credit-driven industries.

Categories: Dealer News Stories

01
March
2024

Wholesale Auction Prices Could Flatten

Wholesale Auction Prices Could Flatten

Average wholesale auction prices enter 2024 in an ongoing, downward trend, but that trend could flatten out over time, according to the December Manheim Used Vehicle Value Index.

Categories: Dealer News Stories

01
March
2024

PLUS: 5 Ways Independent Auto Dealerships Can Harness User-Generated Content for Marketing Success

PLUS: 5 Ways Independent Auto Dealerships Can Harness User-Generated Content for Marketing Success

Not surprisingly, user-generated content (UGC) has become a powerful tool for businesses to connect with their audience. Dealerships, in particular, can benefit significantly from harnessing UGC to build trust, enhance brand awareness, and drive sales. In case you aren’t convinced though, consider these stats.

Categories: Dealer News Stories

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