Off-Site Vehicle Inventory Storage Are you faced with surplus inventory and limited space on your dealership lot? Consider the possibility of storing some of your inventory at an off-site location. With the convenience of online advertising, you can reach a broader audience and potentially expand your inventory beyond what your lot can accommodate. Fortunately, there...Read More

The S&P/Experian Consumer Credit Default Indices released through February 2023 shows that the composite rate slightly increased by six basis points to reach 0.75%. But it’s not just the composite rate that’s fluctuating – individual categories are seeing changes as well. Auto loan defaults, for example, increased by one basis point to 0.95%, while the...Read More

The latest government standards are pushing car makers towards adopting cleaner, greener technologies such as electric and hybrid cars, meaning car dealerships need to adapt their inventories accordingly. The shift towards alternative powered vehicles has also been driven by consumer demand, as more car buyers are becoming aware of their environmental impact. Consumers are increasingly...Read More

The CCPA establishes certain obligations for businesses, including maintaining reasonable security measures to protect personal information, implementing a process for handling consumer requests, and training employees on the requirements of the law. Non-compliance with the CCPA can result in significant fines and legal liability for businesses. The California Consumer Privacy Act (CCPA) was recently updated...Read More

Car dealers can take certain steps to make timely payment from their customers more likely: Agreeing on clear payment terms and conditions before the sale Understanding how credit agencies report to potential buyers’ credit reports. Generating legally compliant invoices. Developing procedures and protocols for handling late payments. Effectively and consistently making collections calls. Creating strategies...Read More

Setting a New High in Sales Performance Breaking Q3 Records Kia America celebrates a remarkable third quarter with total sales reaching 210,341 units, setting a new milestone. This impressive success marks the third occasion in Kia’s history where quarterly sales have surged past the 210,000 unit limit. These record-breaking performances have significantly contributed to Kia’s...Read More

Navigating the complexities of auto accident claims can be a daunting experience, especially when you’re already dealing with the stress and confusion that follow an accident. Understanding the claims process is crucial for ensuring you receive the compensation you deserve. Whether you’re managing medical expenses, vehicle repairs, or lost wages, having expert guidance can significantly...Read More

Impressive Growth and Performance Highlighted in Monthly Sales Report Hyundai Motor America reported a total of 78,485 units sold in May, marking a 12% increase compared to May 2023. This surge in sales includes record-breaking numbers for several models, underscoring the growing popularity of Hyundai’s eco-friendly vehicles. Record-Breaking Sales for Key Models Hyundai set new total...Read More

In Quillen v. Car City, Inc., the California Court of Appeals recently reversed the trial court’s decision by saying that there was no evidence presented at trial proving that the dealer’s alleged oral representation was actually false. The alleged representation by the dealer representative was that the car was safe. The Court of Appeals found...Read More

Get ready for a ride through the 2023 Best Cars for Families awards, presented by the U.S. News & World Report! After putting 92 vehicles to the test across nine categories, the winners have emerged. Kia cruised to the top spot with a trio of awards, leaving Toyota and Hyundai in the dust with two...Read More