A handful of alternative-fuel vehicles are among the fastest-selling late-model used cars this year, and the market for these vehicles may be approaching an affordability “sweet spot” in pre-owned. That’s according to a study from iSeeCars.com, which analyzed more than 2.2 million sales of 1- to 3-year-old cars from January through May. With average days […] [Read More]

Buyer intelligence firm Autolist.com released data just before the Fourth of July holiday that shows that the $14.7 billion settlement for some Volkswagen diesel vehicle owners will compensate them “handsomely” for being dragged into what analysts coined as “Dieselgate.” The study, which is based on more than 37 million data points, described an “optimistic” story […] [Read More]

On Tuesday, I watched live as Donald Trump, presumptive Republican nominee for president, gave a fiery speech laying out his trade agenda. He spoke at an aluminum plant in western Pennsylvania, where his colorful take on the international marketplace (“NAFTA was the worst trade deal in history”) was well-received. Many aspects of Trump’s unconventional candidacy […] [Read More]

CU Recovery and The Loan Service Center — a collections resource for credit unions to minimize losses on their delinquent active loan portfolios and maximize recoveries on charged-off loans — recently announced the eight recipients of scholarships to its fall 2016 Collection Academy. The company chose the honorees based on their submissions about the goals […] [Read More]

Experian has released findings from an analysis that examined vehicles on U.S. roads to see how many were manufactured in America. According to the analysis, nearly 60 percent of all light-duty vehicles on the road were assembled domestically, while the rest were built in Canada (12.6 percent), Japan (11.1 percent), Mexico (7.4 percent), Germany (4.3 […] [Read More]

KAR Auction Services and Toyota Motor North America have been named to the CIO 100 list for 2016. KAR said in a news release last week about its inclusion that the list spotlights 100 companies that are “driving business value through IT innovation.” The winners will be recognized at the CIO 100 Symposium in August. […] [Read More]

Automotive marketing and advertising company Jumpstart Automotive Group released its latest shopper study on Monday, drilling deeper down into the behavior patterns of women and millennials as well as Asian and Hispanic shoppers. While each of those demographics showed some unique characteristics, Libby Murad-Patel pinpointed what might be most important to dealerships on how to […] [Read More]

General Motors Financial rolled out its North American vehicle lease program during the second half of 2014 and became the exclusive provider for the parent automaker — assuming captive finance company status — early last year. As a result of those moves, GM Financial determined that leases now make up the largest portion of its […] [Read More]

Used-car leasing is still a small slice of the market, according to Experian Automotive data, which indicates that used cars comprised 3.98 percent of the lease market in the first quarter. However, that’s up from a 3.90-percent share of the market in Q1 2015, which is more than a 2-percent rise, Experian said. While that’s […] [Read More]

When dealerships, finance companies and automotive experts discuss how much better vehicles are nowadays compared to 10 or 20 years ago, it’s not just a possible sales pitch or industry rallying cry. With a South Korean badge leading the way, the J.D. Power 2016 U.S. Initial Quality Study (IQS) released on Wednesday showed that new-vehicle […] [Read More]