As Kelley Blue Book spotted softening activity both on the retail and wholesale sides associated with the German OEM, Wantalease.com highlighted that Volkswagen is among several automakers continue to offer aggressive vehicle lease deals for less than $150 per month. Current deals on the Jetta S stand at $139 monthly, and the Passat 1.8T Limited […] [Read More]

ADESA subsidiary Recovery Database Network (RDN) promoted one of its executives to be chief operating officer on Tuesday. Taking over the role is Holly Balogh, who joined RDN back in 2012. “RDN continues to strengthen its position as a leading vehicle recovery software solution. The company serves more customers than ever before, including many of […] [Read More]

There already have been multiple presidential candidate debates featuring Jeb Bush, Hillary Clinton and Donald Trump. If Americans’ vehicle choices are an indication of political preferences, then the majority of swing states will vote for a Republican candidate, according to a PureCars analysis of sales by color and body. CPO Forum participant PureCars, a provider […] [Read More]

All of our discussions focus on immigration, but I would like to explore a more business-oriented conversation regarding our industry and the ongoing restrictions to exporting used vehicles into the Mexican market. With new vehicles being built in and shipped from Mexico in the thousands each day to the U.S., why haven’t the industry PACs […] [Read More]

What cars do owners hold onto the longest? Besides the fact that vehicles are lasting longer today than ever before, this is a valuable question — a question whose answer could potentially increase service revenues and make valuable trade-in prospects. iSeeCars.com took a look at over 395,000 used cars from model year 2005, sold by […] [Read More]

MetroGistics announced Thursday that its 4th Annual Monster Mash Halloween costume party fundraiser on Oct. 3 netted nearly $15,500 for two nearby charities. Hosted in the Soulard Preservation Hall in St. Louis, the event raised funds for the Humane Society of St. Clair County, Mich., and Helping Strays, the Human Society of Monroe County, Ill. […] [Read More]

Swapalease.com reported lease credit approvals have finished above 80.0 percent approvals mark during the last three months. The development marks the first time approvals have shown this level of success in more than two years. So far in 2015, site officials indicated, lease credit approvals rate have moved up to 72.2 percent. The site also pointed […] [Read More]

New analysis from the Mercatus Center at George Mason University reviewed the law and economics of consumer debt collection and its regulation. The expert who compiled the report insisted that the Consumer Financial Protection Bureau should consider all the potential consequences of new regulation — both intended and unintended — to ensure that it will benefit […] [Read More]

The JM&A Group has renewed its agreement with Kia Motors America. Partnered since 2007, JM&A will continue to offer the Kia Distinction branded F&I products and extended warranty services. According to JM&A, 716 Kia dealers offer at least one of JM&A’s products, with more than 400 utilizing at least five of its offerings. “We are […] [Read More]

Are you prepared for potentially more Volkswagen diesel trade-ins on your lot? While, of course, there is no guarantee that VW TDI owners will try to trade out of their rides, it's a scenario worth being ready for, at least.  With recent events in mind — including Volkswagen Group of America’s president and chief executive officer Michael […] [Read More]