Exactly a month from now, several of my co-workers and I will be packing our bags for Toronto, as we make our way north for the annual Auto Remarketing Canada Conference and the Women & Automotive Canadian Leadership Forum. But today, we’re taking the first step toward spreading those international wings even farther. Cherokee Media Group […] [Read More]

In the first two months of the year, the pre-owned side of the auto industry is pacing towards another year in the neighborhood of 38 million sales. Edmunds is predicting February used-car sales of 3.4 million units. That forecast would translate into a SAAR of 37.9 million. There were 3.0 million used-car sales in January and […] [Read More]

RouteOne announced recently that Jeff Belanger — who’s been named senior vice president of sales — as well as Amanda George — who has been picked as vice president of strategy — will begin their positions in April. The creation of the new roles come as a result of the announcement that RouteOne’s chief strategy officer, […] [Read More]

Black Book on Monday released its latest joint depreciation report with Fitch Ratings; an analysis that projected 2017 vehicle depreciation to reach 17.8 percent based on estimated new-model sales of 17.0 million. That forecast is slightly up from the 17.3-percent mark recorded in 2016. The firms point out that average pre-recession annual depreciation trended between […] [Read More]

Though luxury brands Lexus and Porsche yield high vehicle dependability, plenty of mainstream vehicle owners are also satisfied with excellent long-term quality, according to the J.D. Power 2017 Vehicle Dependability Study, released Wednesday. Now in its 28th year, the study examines problems experienced within the past 12 months by original owners of 2014 model-year vehicles. […] [Read More]

This year’s Manheim Used Car Market Report projects that repossessions will total 1.7 to 1.8 million units in 2017, representing an increase “in the neighborhood of 100,000 units,” according to Cox Automotive chief economist Tom Webb. Webb elaborated about the expected figures and what factors could impact whether repo agents, forwarding companies and auctions will […] [Read More]

GWC Warranty, a provider of used-vehicle service contracts and related finance and insurance products sold through dealers, has once again been named a Bronze Level National Corporate Partner of the National Independent Automobile Dealers Association. NIADA’s National Corporate Partner program is designed to provide its members with an extensive, highly vetted roster of partners they […] [Read More]

Vincentric has revealed the winners of its 13th annual Best Value in America Awards, which name brands and vehicles that provide cost-of-ownership value in various vehicle categories. Vincentric awarded Toyota two of its best value brand awards, one for  passenger cars and the other for SUVs/crossovers/vans. “Toyota delivered its impressive performance with eight different model-level […] [Read More]

Over five years, AUL Corp. has contributed $173,619.00 to 80 different non-profit organizations, according to the warranty and vehicle service contract administrator. AUL announced that it publicly disclosed its recent charitable contributions on Thursday. "At AUL, we believe that getting involved in charity programs contributes to strengthened professional skills, team building, thinking creatively, and contributes […] [Read More]

Primeritus Financial Services said Wednesday afternoon it has purchased Global Investigative Services, a Rockwell, Texas-based provider of vehicle skip-tracing services, equipment recovery and investigative services for the finance industry.  It was founded by Greg Hill and Danny Tolbert. “When we look at potential acquisition targets, companies must meet a high standard of managerial, financial and […] [Read More]