The newest report from AlixPartners — whose client roster includes corporate boards and management, law firms, investment banks and other kinds of investors — cautioned the industry that a “used-car time bomb” is about to explode. AlixPartners explained that it arrived at that dire assertion through a project that began two years ago through what […] [Read More]

Car Keys Express has expanded the company’s international footprint further with the opening of its first European office, which will be in London.  “This year, we pushed well beyond our core markets in the U.S. and, with the successful move into Canada, London is a natural first step to introducing our service to the overseas market,” […] [Read More]

LeasePlan USA has appointed a new senior vice president of operations to oversee the company’s teams that manage the lifecycle of its vehicles. Chosen for the position is Juan Perez, whose leadership and management experience in logistics spans more than 25 years, according to LeasePlan. “Juan is a true leader dedicated to our client’s successes,” […] [Read More]

Your credit is good and the lease contract on your 2015 vehicle is about to expire: what are your options? You could choose to pay the residual and keep your current ride. You could trade the vehicle for a new one or for an alternative used car. Finally, you could hand in the keys and […] [Read More]

Recently, I heard about a dealership customer that ended up with a real lemon of a car. During the customer’s short-lease term, she experienced a series of significant mechanical issues. She completed a dealership survey after every service experience, each time expressing frustration about the vehicle’s quality. She was never contacted by the dealership until […] [Read More]

In a recent study, iSeeCars.com found several 3-year-old vehicles whose respective prices now are about half of what they were when they were new.  These 2014 model-year vehicles are what iSeeCars calls its 11 Best-Bargains list. The automotive data and research firm analyzed over 5.8 million car sales to identify models with the greatest loss in value […] [Read More]

We switched gears a bit for this episode of the Auto Remarketing Podcast. Instead of discussing residual values, wholesale volume or shopper behavior, Nick Zulovich had the opportunity to be joined by one of the most famous names in auto racing — Kyle Petty. With National Motorcycle Day coming up on Friday, Petty, along with […] [Read More]

No matter what size screen consumers might be seeing the promotional message, securing budget is the current biggest concern for automotive marketers, according to a recent study. In today's ever-evolving digital landscape automotive marketers must capitalize on every opportunity online to engage shoppers to remain competitive, making it a challenge to decide which aspects of […] [Read More]

Thanks to a new patent from the U.S. Patent and Trademark Office, Cars.com produced what the company said is a first-to-market solution that can pinpoint key mobile shopping data from consumers actively looking for vehicles on dealer lots nationwide. Using Lot Insights technology, Cars.com created the new On-the-Lot Trends Report by analyzing mobile consumer shopping behavior […] [Read More]

In lieu of the traditional test drive, a number of shoppers are most interested getting the best deal possible, says eAutoLease chief executive officer and founder Zoriy Birenboym. “You can do pretty much everything without leaving the comfort of your home or office or school, or where ever you maybe. Once you choose and you decide with one of […] [Read More]