An online automotive marketing operations based in The Netherlands and out to serve the Canadian, Latin American and European markets made a move to strengthen its North American footprint. In order to accelerate its development and strengthen its Canadian market presence following the acquisition of DEALERCITY CANADA, Dutch company DEALER Corp. has purchased the trademarks […] [Read More]

During his first quarterly conference call as chief economist at Cox Automotive, Jonathan Smoke chuckled for a moment when an investment analyst from Goldman Sachs asked about the rate consumers are keeping the vehicles they had just spent anywhere from 24 to 36 months leasing. “Thanks for asking the most difficult thing to quantify in […] [Read More]

Although perhaps not as active as President Trump is on Twitter, two of the main federal regulators that oversee vehicle deliveries and auto financing have been far from quiet so far in 2017. But how the Federal Trade Commission and the Consumer Financial Protection Bureau went about its regulatory business during the first half of […] [Read More]

The year was 2001, and the state was Maryland. The vehicle was a silver Honda Insight. It was the first used hybrid ever sold by CarMax, according to the company. Since then, CarMax said last month in this blog post, it has sold more than 100,000 used hybrids and electric vehicles, with choices of model […] [Read More]

LeasePlan USA has brought Michael Croft on to its to business development team, where he will work with companies in the Southwestern region. Croft most recently served as vice president of sales for Element Fleet. He joins LeasePlan while it is expanding its business development team in preparation for smart growth and future endeavors, according to the […] [Read More]

TrueCar and Best Friends Animal Society recently announced the start of "On The Road to #SaveThemAll," a joint campaign to raise awareness about the number of adoptable pets euthanized at shelters across the U.S each year. According to Best Friends Animal Society, 5,500 homeless pets are killed in the U.S. each day and nearly 2 […] [Read More]

Swapalease.com reported that applicants through its website registered a 68.8 percent approval rate during June, a significant rebound from May when only 48.1 percent were approved. Officials explained the company saw less of an influx of shoppers applying for higher-end luxury leases, which often drives up non-approval rates. Through the first six months of the […] [Read More]

Infiniti Research determined owners who purchased a used vehicle are not keeping them as long as they did just five years ago. According to new information Infiniti Research recently shared, used-vehicle owners previously kept their unit for at least seven years based on information uncovered in 2012. Now, that ownership length has decreased to four […] [Read More]

Consumers' grasp of more online vehicle research channels than ever means fewer dealership visits because car shoppers depend on digital resources to educate themselves, according to Netsertive’s latest survey on U.S. car shoppers’ buying patterns. The digital marketing technology company’s Automotive Shopper Path to Purchase Survey found that 67 percent of respondents only visit up […] [Read More]

While the Congressional clash over healthcare is generating plenty of headlines, the American International Automobile Dealers Association applauded this week’s actions by the so-called “Big Six” — a group of lawmakers and administration officials working together to establish a road map for tax reform — who have officially abandoned a potential border adjustment tax (BAT). House […] [Read More]