The Insurance Institute for Highway Safety has updated its recommendations for used vehicles for teens — and this insight may come in handy for dealers serving newly licensed young people and their often concerned parents. Interestingly, IIHS said the list of recommended vehicles has grown by more than 50 percent, perhaps a result of the ever-improving quality […] [Read More]

Perhaps owners of Volkswagen diesel vehicles swept up in the recent controversy aren’t unloading these units in droves. However, recent data from Kelley Blue Book and Autotrader indicated that these consumers are at least acquiring more information about what their vehicle still might be worth. According to Kelley Blue Book’s recent website metrics, Volkswagen TDI trade-in […] [Read More]

It seems consumers were looking forward toward the winter-weather months when August rolled around. Medium- and heavy-duty pickup trucks were in high demand last month, and supply is waning. That's according to the latest installment of Autotrader Scarcity Data Analysis provided to Auto Remarketing that covers supply and demand of certified pre-owned and late-model used vehicles. In […] [Read More]

Victory Recovery Services (VRS), a provider in the financial services space for skip tracing and collateral recovery since 1989, recently opened a new branch office in Irving, Texas.  With VRS’ increased presence in the financial services industry as an outsource partner, the company highlighted that it also hired new leadership and incorporated a new software […] [Read More]

My Recovery System (MRS), a software solutions company specializing in the repossession industry, recently hired Bill Sheehan as vice president of client services, bringing more than 20 years of experience working in the financial services and collateral recovery industries to the company. Prior to joining MRS, Sheehan worked at PRA Location Services and The M. […] [Read More]

While it may seem we’re swimming through a painfully large number of automotive recalls on a daily basis, that doesn’t change the fact that cars simply last longer, on average, than ever before. This is reflected by the most recent U.S. vehicle registration data from IHS, which shows that the average length of vehicle ownership […] [Read More]

Still on the fence about whether to attend the SubPrime Forum and other parts of Used Car Week? Well straight ahead is a free preview of how the financing dialogues and presentations will unfold with one of leading experts who will be getting the SubPrime Forum started. The next Used Car Week sneak peek webinar […] [Read More]

Dodge, in partnership with the well-known actor Danny Trejo, have organized a campaign that not only aims to boost test drives at several of its southern California locations, but will also give back to a worthy cause fitting to the locale. Via its “It’ll Test You” Hispanic marketing campaign, Dodge and Trejo have partnered with […] [Read More]

American Recovery Association officials landed their keynote speaker for the next North American Repossessors Summit coming up in April. Scheduled to appear at the event with the headline sponsor Harding Brooks Insurance is Rocky Bleier, who intends to recap his courageous tale that takes place on the football fields of America and the battle fields […] [Read More]

Fitch Ratings doesn’t expect Volkswagen to pay the highest possible fine — $18 billion — stemming from the U.S. Environmental Protection Agency and the California Air Resources Board revealing findings that allege five of the OEM’s diesel-powered vehicles include “defeat device” software that circumvents emissions standards for certain air pollutants. However, the automaker is already […] [Read More]