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According to Black Book® data, the average price of a used vehicle for model years 2009-2013 was largely unchanged in April, with 0.0% registered depreciation during the month. Domestic cars increased +1.1%; import cars changed -0.8%; domestic trucks increased +1.5%; and import trucks changed -0.2%. Average pre-recession annual depreciation was continually recorded between -15% and -18%, and Black Book expects 2015 depreciation near -14.5%.
Premium Sporty Cars saw the…
Added by Black Book on May 7, 2015 at 2:55pm — No Comments
Route 23 Ford is hosting this year's Drive 4 Ur School Event on June 12th at Pompton Lakes High School.
In the past Route 23 Ford have hosted this event at the Butler and Lakeland High Schools to raise money for school programs. This year they will sponsor the Pompton Lakes High School. For every person that test drives a…Continue
Added by Jonathan Morales on May 7, 2015 at 7:30am — No Comments
Automotive News recently reported that FCA will offer free college tuition to all FCA dealership employees. It will begin immediately in the southeast region and roll out to the rest of the U.S. by the third quarter.…Continue
Added by Richard Holland on May 7, 2015 at 5:00am — No Comments
eLEND Solutions™ survey reveals that eight in ten dealers agree that a connected online and in-store experience will help sell more cars faster and lead to greater customer satisfaction
Mission Viejo, CA – May 6, 2015 –Eighty percent of auto dealers expect that CFPB regulations will be implemented in the near future, according to a new survey conducted by eLEND Solutions™. …Continue
Added by Crystal Hartwell on May 6, 2015 at 7:08am — No Comments
A recent article on The Hill.com detailed how the Alliance of Automobile Manufacturers is teaming up with a Republican pollster to survey Americans on why they don’t bring in their vehicles for recall repairs. These actions are in advance of the…Continue
Added by Chris Miller on May 6, 2015 at 5:30am — No Comments
Added by Paul Potratz on May 5, 2015 at 1:52pm — No Comments
Welcome to this week's edition of Black Book Market Insights, with in-depth analysis of used car and truck valuation trends and insights straight from the auction lanes. Click here to download the full report.
The Black Book editors are tracking a continued pattern of strength across several truck segments, with particular emphasis on crossovers. For car segments, the Black Book editors are noticing growing weakness among…Continue
Added by Black Book on May 5, 2015 at 1:42pm — No Comments
Our marketing universe is quickly becoming untethered as smartphones and tablets gain a broader share of web access to information and entertainment. The mobile marketing world is still new to many dealers and we’re experiencing a learning curve about how to market, manage, and leverage this new landscape. Here are 6 Quick Info Insights to help dealers get a quick course in Mobile 101.
1. Mobile is Exploding
29% of web traffic page views are…Continue
“The whole purpose of a phone call is to set the appointment, not to sell the car” he’d say. “Ask them ‘when can you be…Continue
Added by Big Tom LaPointe on May 4, 2015 at 5:00pm — No Comments
Enhanced Video Content, Marketing & Distribution Features Create Calls to Action and Increase Conversion, Show and Sales Rates for Auto Dealers
Urbandale, IA--May 4th, 2015--Flick Fusion Video Marketing (www.flickfusion.com) announced today that it has been selected by Autos On Video® Inc, a pioneer in video walk around technology, to integrate the Autos On Video real video inventory application…Continue
Added by Brian Cox on May 4, 2015 at 8:11am — No Comments
Albany, N.Y. – May 4th, 2015 – Auto/Mate Dealership Systems (http://www.automate.com) announced today that more than seventy of its customers and fifteen sponsorship partners attended the Auto/Mate User Summit that was held in Westborough, Massachusetts on Friday, April 17th. Auto dealership executives and managers attended the one-day event designed to share the latest updates and give in-depth training on Auto/Mate's dealership management system…Continue
Added by Mike Esposito on May 4, 2015 at 7:53am — No Comments
Have you heard rumors about Google's new targeting options? On this week's Hard Facts, Samantha explains how Google's new tool will make your search campaigns more relevant.
Added by Paul Potratz on May 1, 2015 at 1:20pm — No Comments
I want to throw this out there for the ADM Group to mull over......please share your answers here.
The subject is Apps....... Does a Car Dealership really need an App? We have had two different App companies in the past four years & from my personal experience, the results of having an App are very few and far…Continue
One of the big problems that a lot of my clients have when they are just starting out…Continue
Added by JB Floyd on May 1, 2015 at 7:30am — No Comments