Auto News

AutoPayPlus Sales Leadership Team Expands

By Tricor Admin | August 21, 2024

Tucker grew up in her father’s auto dealership.AutoPayPlus AutoPayPlus has gained another veteran executive to support its growing partner network with the addition of Averi Tucker as agency development manager on its sales team.A child of the industry, Tucker grew up in her father’s dealership, giving her a deep-rooted passion and understanding of the automotive…

Customer Satisfaction Grows Slowly in the Recovery

By Tricor Admin | August 21, 2024

Toyota has focused on its hybrids, and it’s paying off with its No. 1 mass-market standing in a tie with Subaru. Auto customer satisfaction improved slightly in the latest American Customer Satisfaction Index for the sector, though the mass-market and luxury scores were flat. The study’s authors noted that though industry conditions have rebounded for…

MyKaarma, Sunbit Announce Integration

By Tricor Admin | August 21, 2024

MyKaarma said Sunbit is already available in more than half of authorized dealerships and that the partnership brings the payment technology to more customers.  MyKaarma, a provider of service lane technology and payment solutions for automotive service centers announced an integration with Sunbit, which creates financial technology for everyday expenses. The partnership brings a buy-now-pay-later…

ASE Offers Free Testing Webinar in Spanish

By Tricor Admin | August 21, 2024

Access to recorded sessions is reserved for those who register for the live webinar. Pexels/Anna Shvets The National Institute for Automotive Service Excellence, ot ASE, is hosting a free webinar at 4 p.m. Eastern Time on Aug. 27. “ASE Spanish Language Testing” will be conducted in Spanish. In the webinar, Javier Cragnolini and Maria Hicks…

Black Book: Weekly Market Update

By Tricor Admin | August 20, 2024

The wholesale market was mixed last week as a wide variety of issues influences conditions in one direction or another. Black Market provides its weekly analysis to make sense of it all. Originally posted on Auto Dealer Today

Maximizing Revenue Potential

By Tricor Admin | August 20, 2024

Auto dealers should consider untapped potential of F&I products and wealth-building structures as cornerstones of revenue maximization and consumer satisfaction. Pexels/RDNE Stock Project In today’s constantly evolving automotive industry, dealerships face the challenge of maximizing revenue amidst fluctuating market conditions and consumer preferences. Particularly in this time of economic uncertainty, it’s paramount for auto retailers…

Consumers Trying to Keep Down Insurance Costs

By Tricor Admin | August 20, 2024

The number of consumers shopping for new insurance was up 7% year-over-year in the second quarter, despite rates being flat. Pexels/Sindre Fs With the cost of auto insurance on the rise in recent years, along with car prices and other expenses, consumers are employing all the avenues they can to save money on the necessity.…

BMW Recalls Hundreds of Thousands

By Tricor Admin | August 20, 2024

The problem targeted by the recall presents risk of fire in affected vehicles. BMW recalled more than 720,000 vehicles across a large number of models due to a short circuit risk related to their water pumps. The cars and SUVs may have an incorrectly sealed water pump electrical connector, which, if it gets wet, could…

Urban Classification, Business Volume’s Affect on Fixed Ops Shown

By Tricor Admin | August 19, 2024

Reynolds’ Jason Sideris points out there ‘are differences between service departments in major urban versus rural settings and between high-volume and low-volume departments. By segmenting the data, we can all compare and understand outcomes more accurately.’ Reynolds and Reynolds The Reynolds and Reynolds Co. released a new report focusing on several key fixed-operations metrics that…

New Vehicle-Tracking Tech Launched

By Tricor Admin | August 19, 2024

Trace360 provides financial assistance if a vehicle is stolen. F&I provider DOWC introduced an update to its Theft Protection. Trace360 is tailored for franchise dealers and large independent stores, and DOWC says it can improve inventory management, provide essential vehicle data, enhance customer satisfaction, increase revenue, and build customer loyalty. The recovery solution is designed…