Jumpstart Automotive Media’s latest path to purchase report released Tuesday shows that last month, month-over-month shopper interest was up 14 percent for full-size pickups and 11 percent for three-quarter-ton and 1-ton pickup trucks. In addition to advertising that typically spotlights trucks during sporting events such as football games and the World Series, Jumpstart suggests that […] [Read More]

If publicly traded dealer groups wanted to buy another rooftop, they had to open their checkbooks or dig deeper into their credit availability based on the figures shared in the Q3 2017 edition of the Haig Report released on Wednesday by Haig Partners. For the year-to-date numbers ending Sept. 30, Haig Partners calculated publicly traded […] [Read More]

U.S. News & World Report announced Tuesday this year’s winners of its Best Vehicle Brand awards, which recognize brand-wide excellence in the four major segments: cars, SUVs, trucks and luxury vehicles. The automotive channel of U.S. News & World Report  — U.S. News Best Cars — averaged the overall score of brand’s new models in each segment […] [Read More]

Land Rover is taking home ALG’s premium brand Residual Value Award for the fourth straight year, while Subaru achieved top honors among mainstream brands for the third straight time. ALG, which is the analytics subsidiary of TrueCar, announced its 2018 Residual Value Awards on Monday morning, and will present them at this week’s Automobility LA. […] [Read More]

Ally Financial announced Tuesday that it has appointed Josh Wilsusen to head the company's Washington office as its new managing director for public policy and government affairs. Wilsusen most recently served as executive director of government relations at Morgan Stanley where he represented the company both on Capitol Hill and at federal banking agencies regarding securities […] [Read More]

While gift-givers thinking of the best gifts this year probably consider the gift of a car a top-notch gesture, it is quite rare, according to CarGurus. Only 11 percent of drivers who have been gifted a car for a special occasion received it during the winter holidays, according to a recent survey conducted by CarGurus. CarGurus […] [Read More]

After bottoming out in September, Swapalease.com noticed a rebound in vehicle lease transfer approvals in October. The site reported that vehicle lease credit applicants registered a 55.6 percent approval rate for October. The lease credit approval rate improved over previous month’s rate of just 47.6 percent, which represented the lowest percentage of approval so far […] [Read More]

Prior to Used Car Week, we recorded an intervew with a special guest: Ron Smith, the founder of Auto Remarketing and its parent company, S&A Cherokee.  And during Used Car Week, Ron added another title to the mantle: 2017 Auto Remarketing Lifetime Achievement Award, which will now be known as the Ron Smith Lifetime Achievement Award.  Check out […] [Read More]

While many Americans might be napping off that extra helping of turkey, car-shopping activity isn’t likely to hit the snooze button on Black Friday. New research from Cars.com indicates that 18 percent of car shoppers say they have more reason to visit dealerships that day. And nearly three-fourths of that crowd (74 percent) say it’s […] [Read More]

The upcoming Auto Captives Summit will focus on the emerging digital models for selling auto finance as well as real world examples for success in the transforming digital world of automotive finance. The 3rd annual summit — titled “Think Bigger” — is scheduled for Jan. 25 at the London Shard. Many will also be attending the International […] [Read More]