Jumpstart Automotive Media has a new exclusive advertising partnership with VehicleHistory.com, the company announced Tuesday. The auto research website utilizes over 42 million data points and records to provide consumers with automotive research information and content on U.S. vehicles. On the site, visitors can find automotive research, reviews and free vehicle history reports (VHRs). “Shopping for a […] [Read More]

Throw storm-driven replacement demand into an already strong retail market, and you get what happened to the used-car business at the close of  the third quarter. The seasonally adjusted annualized rate of used-car sales eclipsed 40 million units last month, according to data accompanying the latest quarterly and monthly analyses from Cox Automotive. Through nine […] [Read More]

The National Automobile Dealers Association recently rolled out a resource for members to help stores leverage vehicle leasing in a way that results in happy customers and compliant deliveries. In light of the vehicle leasing business reaching an all-time high in 2016 with 4.3 million new units being leased, NADA said consumers are still leasing new […] [Read More]

When it comes to the used-car market in India, it’s a bit “complicated,” a report from IndianBlueBook.com shows. There are 1.1 million used-car sales between consumers and other consumers each year, and then 2.1 million business-to-consumer sales divided between what the company called organized dealers (400,000), semi-organized dealers (500,000) and unorganized dealers (1.2 million), according to […] [Read More]

Many dealerships have a promotional moniker to distinguish itself in their market; for example touting the biggest selection of used vehicles. Hireology chief executive officer and co-founder Adam Robinson recommended that stores also generate a local reputation that helps the rooftop generate quality “ups” who could be high-performing, long-term employees. Robinson described the importance in […] [Read More]

MUSA Auto Finance said its platform now offers capability that separates it from any captive or other provider specializing in leasing of new and pre-owned vehicles, especially for customers who already have strong credit backgrounds. MUSA Auto Finance announced this week the launch of automated decisioning for leases submitted through Dealertrack, RouteOne or its online portal. […] [Read More]

While car shopper interest in Houston has just about fully recovered from a 21-percent decline in the three weeks after Hurricane Harvey first made landfall, shopping recovery has been slower in Florida’s cities following Hurricane Irma, according to new data from Jumpstart Automotive Media. The company examined shopper interest trends three weeks after Hurricane Harvey […] [Read More]

Auto Remarketing confirmed on Wednesday that Uber is out of the vehicle-leasing business. Based in part by what reportedly has been heavy residual value losses, an Uber spokesperson said the Uber will cease Xchange Leasing, the platform where drivers could lease vehicles and maintain monthly payments by serving as a driver for the online company. […] [Read More]

Technology is evolving at an exciting pace. Artificial intelligence. Blockchain. Mobile e-commerce. Ride sharing. They’re not fictional. If they’re not already being utilized at your company, they’re being incubated. Bearing that in mind, Cherokee Media Group is launching the Automotive Intelligence Summit (AIS), which will be held July 24-26, 2018 at the Raleigh Marriott Crabtree […] [Read More]

Once the No. 1 top-selling vehicle segment as recently as 2014, midsize sedans have been bumped to fifth by compact SUVs, large trucks, midsize SUVs and compact cars, according to Edmunds. respectively.  The latest analysis data from Edmund’s shows market share for midsize sedans is now just 10.7 percent. This is the segment’s lowest share […] [Read More]