The chassis suspension system is a cornerstone of modern vehicle design, directly influencing ride quality, safety, and overall performance. As one of the most vital components in any automobile, it plays an essential role in managing the relationship between the vehicle's frame…
ContinueAdded by Tyler Newport on April 30, 2025 at 3:55am — No Comments
In recent weeks, the Trump administration has significantly reduced funding for federal financial regulators. The Consumer Financial Protection Bureau (CFPB) is struggling to operate, with its staff unable to access their headquarters, supervisory exams suspended, and enforcement cases being abandoned. The Federal Deposit Insurance Corporation (FDIC) fired 700 employees on the last day of February[1]. Even the Office of the Controller of the…
ContinueAdded by John Sternal on April 29, 2025 at 11:42am — No Comments
Today’s current economic climate has forced auto dealers to buckle in for a wild, unpredictable ride with their car shoppers. Auto dealers face new, unprecedented challenges that demand a strategic approach to wealth-building and F&I portfolio management. The Presidential tariffs are expected to cause manufacturers to raise vehicle & parts prices, which will inevitably put more affordability pressure on car shoppers and consumers.
A new analysis by the Center for…
ContinueAdded by John Sternal on April 29, 2025 at 11:41am — No Comments
Transferring goods from point to point with speed and security is more vital than ever before. Businesses, big and small, are dependent on sound logistics to ensure the timely delivery of their products. This is where logistics and transportation software development come into play. It assists organizations in enhancing how they handle shipping, delivery, and supply chains.
Previously, most firms used to do logistics on paper or with plain spreadsheets. But now, with so many shipments…
ContinueAdded by O editor on April 28, 2025 at 2:30pm — No Comments
Employee annual turnover in the car business is staggering and remains close to 50%
According to NADA's 2021 Dealer Workforce Study dealerships average 46% turnover annually and have a median tenure for employees of just over three years (That is about double the national…
Added by Richard Nimphie on April 24, 2025 at 12:08pm — No Comments
Recognized as one of the top 50 Honda dealerships based on 2024 sales, climbing to #22 nationally from #24 in 2023
RENTON, WA – April 23, 2025 – Car Pros Automotive Group, a leading automotive sales and service group, announced today that Car Pros Honda El Monte was honored with the…
ContinueAdded by Crystal Hartwell on April 23, 2025 at 10:03am — No Comments
Data shows price pressures and aging carryover inventory increases, while Lotlinx customers maintain a competitive edge through strategic inventory management
DETROIT (April 16, 2025) — Lotlinx, the auto industry’s leading VIN-specific data company for dealership inventory management, announced today its Q1 2025 Quarterly Vincensus Report, the most comprehensive…
ContinueAdded by John Sternal on April 16, 2025 at 1:56pm — No Comments
CULA credit union partner members’ monthly vehicle lease payments averaged $159 less vs traditional auto loan payments; CULA grew credit union dealer partners year over year and expanded to 27 states, as vehicle leasing grew to nearly 25% of all auto financing nationally
San Diego, CA – April 10, 2025 – Credit Union Leasing of America (CULA) delivered strong growth in 2024, with double-digit increases in credit union and dealer partnerships as an…
ContinueAdded by Crystal Hartwell on April 10, 2025 at 11:07am — No Comments
While this age of new technology introduces successful tools for the retail automotive business, there are no magic bullets that will, by themselves, improve ALL aspects of your dealership. The best dealerships still get better at executing the basics of the business.
These basics remain the same:
✔️ Establishing a culture that embraces accountability
✔️ Recruiting and hiring employees that share your…
Added by Richard Nimphie on April 2, 2025 at 10:49am — No Comments
Jackson, Wyo. – (April 1, 2025) – EVAI, a pioneering company specializing in advanced data analytics and AI-driven solutions for fleet management, today announced results of its latest industry survey revealing significant insights into the use of total cost of ownership (TCO) metrics and the current state of electric vehicle (EV) adoption among vehicle fleet managers. The online survey, presented to more…
ContinueAdded by John Sternal on April 1, 2025 at 1:04pm — No Comments
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