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ArticlesDecember 28, 2020

California: An Unlikely Compliance Model

I propose that your F&I and sales disclosure compliance models mirror the sales and F&I processes at dealerships in California — what is required by statute in California, should be considered best practices in the other 49 states.

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Newsby StaffDecember 28, 2020

Stats and Trends for 2020 Holiday Customer Service Strategies

A quarter of companies are seeing higher sales with self-service materials and chat.

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Newsby StaffDecember 23, 2020

NXCR and Westlake Financial Announce $400 Million Debt Facility and Strategic Partnership to Advance NXCR’s Vehicle Subscription Platform

Westlake is one of the largest automotive lenders in the U.S. with nearly $12 billion in assets under management, and provides indirect financing through a network of over 20,000 new and used car dealerships throughout the U.S. 

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Newsby StaffDecember 22, 2020

COVID-19 Market Insights

Black Book recently published an update to their weekly COVID-19 Market Insights report.

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Newsby StaffDecember 21, 2020

Dealerware Selected by Toyota Motor North America to Power ‘Rent a Toyota’ Program Across American Dealer Network

Dealerships that participated in the 2020 pilot program saw cost recovery increases of 114% and rental fleet utilization rates above 85%.

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Newsby StaffDecember 17, 2020

Auto Dealership Buy/Sell Market Continued to Soar in Q3

2020 is on track to surpass 2015’s record transaction levels; mega dealer transactions on the rise, dealership earnings spike blue sky values, Toyota is most valuable non-luxury franchise, according to Third Quarter 2020 Blue Sky Report®.

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Newsby StaffDecember 16, 2020

Black Book: Specialty Market Insights

Black Book released a newly published update to their COVID-19 Specialty Markets Insights report.

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Newsby StaffDecember 15, 2020

NY’s Metro Auto Dealers Generate $53.4 Billion for Regional Economy

The study is based on 2019 financial data from detailed dealership surveys of new vehicle retailers that belong to the Greater New York Automobile Dealers Association.

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Newsby StaffDecember 15, 2020

COVID-19 Market Insights

Black Book recently published an update to their COVID-19 Market Insights report.

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Newsby StaffDecember 15, 2020

Pickups and SUV Lease Payments Increase Entering December

Wantalease.com reports the latest update on new lease offerings entering the month of December. 

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