The National Insurance Crime Bureau released new data on Wednesday that shows the total number of vehicle thefts reported during holidays last year. Holiday vehicle thieves in 2015 were their busiest on Halloween, 2,238 vehicle thefts were reported according to NICB's 2015 Annual Holiday Vehicle Theft Report. New Year's Eve day saw 2,227 vehicle thefts. Though […] [Read More]

Chalk up dealerships changing hands as another industry component being impacted by the presidential election. According to analysis from the Blue Sky Report released on Tuesday, dealership M&A activity declined by 7 percent year-over-year during the first nine months of 2016. Kerrigan Advisors, which publishes Blue Sky Report each quarter, explained that sellers are likely […] [Read More]

Thanksgiving and the next few days after are known for being peak time for college football rivalries, leftover turkey sandwiches and, apparently, car shopping. In fact, Black Friday was ranked by iSeeCars.com as the best time to find a deal on a used car and Thanksgiving wasn’t far behind at No. 3. Not to mention, […] [Read More]

Search Optics recently released results from its first annual digital marketing trends survey, which analyzed the needs, wants and decision-making strategies of more than 160 U.S. automotive dealers associated with a variety of leading automotive brands. The phone survey, conducted in partnership with Incept Corporation, yields insight into critical digital marketing challenges facing automotive dealers […] [Read More]

You might need to have your bleisure suit dry-cleaned. J.D. Power’s 2016 North American Car Rental Survey found that travelers who rent a car for business and then combine business and leisure are the most satisfied with their car rental experience. While overall satisfaction was higher among business travelers than among leisure travelers (satisfaction score […] [Read More]

Unveiled Tuesday at Used Car Week’s CPO Forum were the fourth annual Vincentric Best Certified Pre-Owned Value in America awards. A recap of the winners:  Taking top honors in the truck brand category was Chevrolet, recognized for its Silverado lineup.   Ford earned recognition in the van category for its T-Series vans.   Lincoln took […] [Read More]

CU Xpress Lease announced it’s hosting a webinar on leasing entitled, “Why Lease? Why Now? It’s time for more credit unions to enter the auto lease market,” on Thursday. The webinar is open to all credit unions who want to learn more about the CU Xpress Lease process and how the program could capture more […] [Read More]

TransUnion’s Q3 2016 Industry Insights Report powered by Prama analytics showed auto finance delinquency, for consumers 60 days or more past due, reached 1.33 percent during the third quarter, up from 1.19 percent in Q3 of 2015. The report indicated that 38 of the 50 states posted year-over-year delinquency rises of more than 10 percent. Making […] [Read More]

Auto Remarketing officially turned 25 this year. While this is the anniversary for silver, we like to think the past two-and-a-half decades have been golden. We’re celebrating with our Dec. 1 issue, the 25th Anniversary Edition of Auto Remarketing, and we want your input. After all, Auto Remarketing can’t happen without you. So, if you […] [Read More]

The leasing market keeps moving toward a point where less than $100 per month will put someone into a vehicle. The closest deal to that figure this month according to Wantalease.com is the Nissan Sentra SV currently being offered at $109 per month, down from $129 just a month earlier. Site officials highlighted there are 13 […] [Read More]