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0Report: TrueCar polishing edges off business model to comply with state regulations 1327015260
TrueCar has attracted much unwanted attention recently, drawing the ire of Honda and torquing off regulators in several states. In response, the company has announced a series of changes to its business model, designed to address the legality of its service, according to a report in Automotive ...
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Report: State regulators turn up the heat on TrueCar 1325858460
What exactly is TrueCar? That's the question behind recent conflicts between the company and a growing list of foes, which include dealership organizations, automakers and regulators in at least three states. According to a report by Automotive News, TrueCar's business model is under fire by ...
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Report: Tight used car supply has dealers looking in their own service bays 1323819600
Used vehicle prices have been on a tear for over a year now, as slow new vehicle sales during the financial meltdown of 2009 have created a dearth of available used models today. Yet the sluggish economy means demand for used vehicles is high, so dealers are going to ever-increasing lengths to ...
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Report: Honda fighting below-invoice online pricing deals 1323809940
Let's face it, nobody pays MSRP anymore. In fact, the most savvy car buyers among us don't even pay invoice price. Thanks to Internet pricing sites like TrueCar.com, it doesn't take negotiating skills or friends in the business to get dealers to sell you cars at deep discount. And that fact has ...
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Report: Chevy's plan to sell more cars in California? Be more like Disneyland 1319838300
The Detroit News reports that Chevrolet may take a page out of the Disney playbook to improve the automaker's customer service and its appeal in the California market. Chevrolet dealers are headed to classes at Disneyland in Anaheim, California, to learn some of the magical secrets employed by ...
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Report: Spike TV readying reality show about turning around car dealers 1317124620
Automotive News is reporting that Spike TV is planning to roll out a new reality TV show that orbits around struggling car dealerships. The premise has the show's two hosts, Tom Stuker and Roe Hubbard, swooping in with just five days to turn lackluster sales into a success story. So far, the ...
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Report: Automaker incentives sink to five-year low 1304546400
Auto sales have been on an upward trajectory for many months, and the latest data shows that cash on the hood isn't one of the reasons. According to Automotive News, incentive spending was at a five-year low in April, down 14 percent to an average of $2,320 per vehicle. Toyota had the lowest ...
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Report: Ninja Alert! Beware of car salesmen trained in the art of phone calls 1303765260
It may sound obvious to say you should be wary of car salesmen on the phone, just as you should be wary of car salesmen in general. To hammer the point home, though, here are some audio files of Jerry Thibeau training salespeople at car dealerships, in this case a BMW dealership, to schmooze and ...
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Report: Lincoln skews volume toward urban centers, unnerves small town dealers 1290518880
Lincoln has apparently had enough of small-town life. According to Automotive News, Ford's luxury brand plans to give its dealerships in metropolitan areas the lion's share of production moving forward. The company says luxury buyers are typically centered around larger cities, and as such, up to ...
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Report: Bill aimed at giving auto dealers more credit is signed into law 1285682340
The federal government is keeping up its effort to stimulate the economy, while the economy is keeping up its resistance to those efforts. The latest effort to prod spending comes in a bill that, among other things, increases the federal guarantee for small dealer floorplan loans from the Small ...

