Auto News

How to Optimize Liquidity in a Fluid Environment

By Tricor Admin | August 7, 2024

Identify areas of potential risk or opportunity by asking yourself a series of questions.Pexels/Oleksandr P “Cash is king” has been an historical truism for decades, but we’ve outpaced this iconic catchphrase. Liquidity management is the new axiom today, and for good reason — it’s no longer as simple as managing cash flow and capital funds.…

Car Theft Rash Diminishes

By Tricor Admin | August 7, 2024

Vehicles that get the software update also get a window sticker indicating the antitheft capability in order to deter prospective thieves. Pexels/Alina Rossoshanska A rash of Hyundai and Kia thefts in the past couple of years has dropped sharply after the South Korean automakers made antitheft software updates to vulnerable models. The nonprofit Insurance Institute…

Nissan Rogue Gone Rogue?

By Tricor Admin | August 7, 2024

The NHTSA investigation seeks to determine if the reported steering issue extends to other 2021 Nissan Rogues. Safety regulators are investigating a consumer report of loss of steering control in a Nissan SUV. If substantiated, the issue centers on an inner tie rod failure, said the National Highway Traffic Safety Administration in a preliminary report.…

RoadVantage Adds Industry Veteran to Executive Team

By Tricor Admin | August 6, 2024

John Lutman Finance-and-insurance provider RoadVantage has added industry veteran John Lutman as the new company president as Randy Ross moves into an executive advisory role. Lutman began his career in the industry in 1994 with Ford Motor Credit Company. During his 30 years in automotive, he has gained experience in key positions, such as general…

Black Book: Weekly Market Update

By Tricor Admin | August 6, 2024

Motorcycle-Related Fatalities Surge

By Tricor Admin | August 6, 2024

The study found that between 2020 and 2022, more than a third of crashes involving motorcycles included at least one impaired driver. Pexels/Quintin Gellar Motorcycle crash fatalities have spiked, and more collisions involving motorcycles result in traffic deaths than total crashes, new research shows. The LendingTree research indicates crashes including a motorcycle surged 24% from…

Another Car-Cooling Tech Emerges

By Tricor Admin | August 6, 2024

Nissan applied the special paint to a Nissan service vehicle at the Haneda Airport in Tokyo, for maximum sun exposure, and calls the results so far ‘impressive.’ Nissan is following an Asian competitor in recent quests to lower vehicles’ interior temperatures. The Japan-based automaker is testing a paint with “embedded metamaterial” that it says keeps…

Apply for a Free Trip to Auto Dealer eXchange at Industry Summit

By Tricor Admin | August 6, 2024

Approved dealership personnel will receive an all-expenses-paid trip to New Orleans Sept. 16 to Sept. 18. From the team at F&I and Showroom, Auto Dealer Today and Industry Summit, we would like to invite you to apply to attend our fall event, Auto Dealer eXchange at Industry Summit! This year’s event is scheduled to take…

Guest commentary: Why smartsourcing makes sense in a soft automotive economy

By Tod Chisholm | August 6, 2024

The Risk When the Customer Is Not in the Dealership

By Tricor Admin | August 5, 2024

Sometimes warning signals such as remote deliveries are overlooked or ignored in the rush to seal the deal. Pexels/Marek Levak I periodically order wine from a West Coast state simply because it is not available locally. This of course means that the winery must ship the wine to my home. It also means that I…