NADA Used Car Guide executive analyst Jonathan Banks frequently referenced the “reversal of a market” when he discussed nearly a half dozen different topics during his news conference on Friday to kick off the NADA Convention & Expo. Banks told the media and other industry observers that the supply of used vehicles, credit conditions for […] [Read More]

Perhaps the 2016 J.D. Power Automotive Summit poured a bit of cold water on things just as the festivities in Las Vegas cranked up ahead of the NADA Convention & Expo. J.D. Power cautioned the industry on Thursday that the U.S. auto market must adopt a more “disciplined” approach to maintain long-term health for the […] [Read More]

A central theme to a special edition of the Used Vehicle Market Report from Edmunds.com released today   — and the 2016 used-car market, in general — is the heavy amount of cars coming out of leases. There are several tentacles to this off-lease surge. For one, it represents a steady stream of vehicles ideal for […] [Read More]

As the site prepared to unveil two new solutions during the NADA Convention & Expo, Cars.com highlighted that it influenced 36 percent of 2015 total vehicle sales in the United States. How did the site arrive at that claim on Thursday? Cars.com explained the reading stemmed from this month’s data generated by Oracle Data Cloud. […] [Read More]

Along with additional details about the volume coming out of Florida, the Consumer Financial Protection Bureau released its latest monthly consumer complaint snapshot this week, focusing on debt collection coming on the heels of a special report on collections involving servicemembers. The newest information from the CFPB indicated that the most common debt collection complaint […] [Read More]

Quality. Whether you’re talking about the condition of the vehicle or the assurance the consumer is getting, quality may be one of the first words to come to mind when discussing certified pre-owned. And this quality proposition may carry over to the F&I department, as Auto Remarketing learned in reaching out to one of General […] [Read More]

Of the more than 1,400 companies in the Atlanta area that applied to be included in the 2016 Top Workplaces honors given by The Atlanta Journal Constitution along with the 150 that were recognized, five winners are familiar names in the automotive space. The rundown of companies receiving the honor on Monday included: — CarMax […] [Read More]

DRIVIN, a sourcing service that utilizes data from outlets such as Black Book to help find, acquire and deliver the right used vehicles to a dealer’s lot, announced the nationwide launch of DRIVIN Insights on Monday, pitching the possibility of dealers being able to use it for free. The company explained DRIVIN Insights as a […] [Read More]

Dominion Dealer Solutions highlighted that its equity data mining solution — DealActivator — recently completed significant upgrades to its soft credit pull reporting capabilities, Priority Page mobile functionality and real-time notifications. Last year, DealActivator released soft credit pull functionality to help dealers achieve conquest sales through equity opportunities in the service drive. With new equity […] [Read More]

One of the benefits to certified pre-owned is that it often gives dealers and automakers the chance to introduce a consumer to the brand. An entry point, so to speak. Maybe the shopper is on the fence financially, but wants some of the same protection and assurance that a new car offers; CPO can be […] [Read More]