The arrangement enables franchise dealers to offer flexible lease-to-own programs with no credit checks, no down payments, and no long-term commitments.
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The marketplace exclusively lists thousands of front-line-ready vehicles from fleet providers affiliated with J.D. Power, as well as inventory from dealerships, leasing, and car rental companies.
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ARA Summer Roundtable: A veteran auto dealer, sales, and car rental remarketing executive detailed a personal trip through his hard-won and award-winning achievements.
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A cyber breach at a widely used dealer management system heavily affected the automotive industry, slowing sales and reporting in the second half of June.
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Available vehicle inventory inched higher, edging closer to normal. Key stats: 2.38 million unsold vehicles, 51 days' supply, 69,737 average mileage.
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CarNow allows dealers to view and serve shoppers in “real-time” as they engage with a dealer’s virtual or physical showroom.
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The profit index sets another record high, while the price pressure index increased modestly.
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A recent quarterly report from Haig Partners shows that buy-sell activity among auto dealerships has exploded, leading to "empty lots and overstuffed wallets."
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72% of franchised auto dealers surveyed say that finding and hiring the right employees is a challenge.
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During Earth Month, Manheim and Cox have launched company-wide campaigns to encourage more sustainable actions among team members at home and at work.
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