New Center in Baltimore to Receive BMW, Mini Imports

The new facility is at Tradepoint Atlantic Terminal on a 35-acre site with a new, purpose-built, 75,000-sq.-ft. building. That’s roughly double the size of BMW’s current facility a few miles away and nearly doubles capacity to 100,000 vehicles per year.

Full article

K-Shaped Recovery Spells Tighter Market for Subprime Loans

TransUnion reports serious auto loan delinquencies, defined as 60 or more days past due, increased substantially for customers with subprime credit in the fourth quarter vs. like-2019, to 9.05% from 7.41%.

Full article

March 5 Deadline for WardsAuto MegaDealer 100 and Dealer 500 Submissions

The MegaDealer 100 and Dealer 500 survey process is under way. If you haven't yet received your submission form via email, please send your dealership name and contact information to [email protected] by March 5. WardsAuto will begin publishing the lists, as well as associated stories, later this spring.

Dealers Can Reach Extra Bases on the Recall Field

Vehicle service work provides on average 48% of a dealership’s gross profit, says Juan Flores of Kelley Blue Book.

Full article

Dealer Blueprint for Closing Digital Sales

Use this guide to learn a suggested process for your business development company.

Full article