As reporters and editors, our job, in a nutshell, is to gather facts — and verify, verify, verify — then report those facts in a fair and accurate manner. Provided the above requirements check out, what often provides that extra sizzle and substance to a news report (particularly in our world of business-to-business publication) is […] [Read More]

For women, affordability is key in their search for a new ride. That’s according to a new study from auto research company iSeeCars.com, which shows that when women shop for pre-owned cars, they are looking for ones that are “exceptionally affordable.” And think about it, what brands scream “affordable” to you? Well, the Korean automakers […] [Read More]

My first job after graduating college 10 way-too-short years ago was as a sports reporter for an afternoon newspaper in Brunswick, Ga. Not long into my tenure, The Brunswick News (#SpecialShoutout to Coastal Georgia!) switched to a morning paper format. Each distribution time had its merits. With an afternoon paper, you might get to throw […] [Read More]

CarStory released its monthly Used Vehicle Deal Alert on Wednesday, highlighting the best deals it’s seeing for its customers across the country. On the reverse side, however, is something particularly useful for dealers: the top five most popular used vehicles searched for on CarStory's site. Here’s the list, based on online searches by make and model, according to CarStory: CarStory's […] [Read More]

Citing historical trends, NADA Used Car Guide points out that November saw an easing in used-vehicle depreciation, staying the course for the typical seasonal pattern of the industry. November’s depreciation – 1.9 percent – was noticeably lower than October’s 2.7-percent drop. In the December edition of Guidelines, NADA UCG’s seasonally adjusted used-vehicle price index rose 1 percent […] [Read More]

Stress-testing has had a profound effect on risk management practices within banks. In the wake of the global financial crisis, regulators around the world instituted policies designed to substantially remove the possibility of large-scale bank failures.  Capital reserves at banks have been appreciably raised, and regulators are applying a considerably greater amount of scrutiny to […] [Read More]

With leasing extremely popular with consumers and certified pre-owned models turning at a record pace, a marriage between the two markets came into the conversation again when American International Automobile Dealers Association hosted a webinar on Tuesday, reviewing this year and looking ahead to 2016. As two of the event’s experts took turns touting the […] [Read More]

Millennium Capital and Recovery Corp. recently completed a move into a new state-of-the-art corporate headquarters that can accommodate the company’s growth and meet the current and future needs of its clients. As part of the relocation to its new facility located at 95 Executive Parkway in Hudson, Ohio, Millennium also invested in upgraded technology and […] [Read More]

In light of a variety of new ways emerging to buy vehicles nowadays — not just through a dealership or private-party transaction — the Federal Trade Commission announced on Monday that it will host a one-day workshop. FTC officials explained the event set for Jan. 19 is being designed to explore competition and related issues […] [Read More]

On the final page of its Q3 2015 Used Vehicle Market Report, Edmunds.com provides a pair of graphs that give a glimpse of the future in store for used-car inventory. The second of those graphs shows the combined OEM sales to rental fleets and leases in each of the five years prior to 2015. As you […] [Read More]