As Swapalease.com noticed the approval rate for vehicle lease credit applicants jumped more than 30 percent in February, Experian and Edmunds also offered data and analysis on the leasing market — the former looking back at fourth-quarter metrics and the latter reviewing last month’s performance and projecting ahead for the remainder of the year. Edmunds […] [Read More]

Some new-car models, particularly a few luxury vehices,  are resold after just one year of ownership signficantly more often than the average car is, according to a newly released analysis by iSeeCars.com While just 1.5 percent of  car buyers resell their new cars within the first year of ownership, iSeeCars spotlighted 11 models thatn see at […] [Read More]

As president of Intellaegis, the software company that built masterQueue, and a founding partner in RepoRoute, I’d like to share some thoughts on the importance of field management software and where we see this new technology taking the industry. We see this moment as one of the most critical times in the history of auto […] [Read More]

General Motors Financial recently launched two new floor plan program updates for participating dealers that the company thinks are “competitive differentiators in the industry.” GM Financial — which reported that it had 792 dealerships in North America leveraging its commercial offerings as of the close of 2016 — highlighted the two floor plan updates include: […] [Read More]

On Tuesday, F&I solution provider EFG Companies rolled out what it dubbed the Drive Forever Worry Free Lifetime Wrap, an enhancement to the company’s limited powertrain protection. EFG companies explained that the Drive Forever Lifetime Wrap is designed to help dealers close more deals at a higher gross with improved product pricing, expanded eligibility and […] [Read More]

Jumpstart Automotive Media announced on Monday that it found the Chevrolet Impala — one of two Chevrolet models recently named on Consumer Reports' 10 Top Picks of 2017 list — to be the most cross-shopped non-luxury vehicle amongst consumers last year. “Chevrolet Impala’s size lends itself well to consumers who are deciding between midsize or […] [Read More]

GM’s big moves in Europe to kick off the week seem to be financially prudent ones, say analysts with Cox Automotive. General Motors said Monday it has reached a deal with PSA Group that will move its Opel/Vauxhall unit and the European operations of GM Financial into the PSA Group. PSA would acquire Opel/Vauxhall for 1.3 […] [Read More]

Global fleet management company LeasePlan USA recently named Michelle Davis as its new regional sales vice president for the Southeast. Davis, with more than 12 years of successful fleet experience, was most recently district sales manager at Supreme Corp. There, she helped clients find solutions to improve their driver experience. There’s much untapped potential for fleets […] [Read More]

Industry observers see trends in the new-vehicle space that are making the delivery of new metal more challenging and, as a result, likely to impact how efficiently dealerships can turn their used-vehicle inventory. Analysts from Autotrader, Edmunds and Kelley Blue Book all shared data and insights with Auto Remarketing on Wednesday that pointed to possible […] [Read More]

Following the Federal Trade Commission’s move to increase its non-compliance fine and OSHA’s decision to increase max penalties, Total Dealer Compliance (TDC) and Automotive Development Services (ADS) entered into a strategic partnership that provides a comprehensive solution to ADS’ dealers looking to reduce exposure from federal regulations proactively. “We recognized that meeting the new, stricter […] [Read More]