Leasing drives loyalty.   This was one of several benefits of the leasing boom mentioned by Experian Automotive’s Melinda Zabritski during an interview with Auto Remarketing at January’s NADA Convention & Expo, and new loyalty data released this week by IHS Automotive indicates this certainly came to fruition during the remainder of the first quarter. […] [Read More]

Remarketing of America recently enhanced its risk management and loss mitigation services by partnering with National Creditors Connection Inc. (NCCI) to provide field contact services for finance companies nationwide. Officials explained this new service will be fully integrated with ROA MAXX, ROA’s proprietary AssetLink technology, enabling finance companies to access these services, along with all […] [Read More]

After quite a strong May for used-vehicle sales (at least among franchised dealers), how is June shaping up? That’s the question a couple industry observers are looking at as the month winds down. Edmunds.com is estimating June used-car sales (across all channels: franchised and independent dealers, plus private-party figures) will reach 2.98 million. This would […] [Read More]

While autumn may seem like a long ways off (particularly in our neck of the woods, where temps are creepin’ close to 100 degrees), our Used Car Week team is already rockin-and-rollin with three presenting sponsors lined up for this year’s conference series.  We’ve already talked about how important our partners are to Used Car […] [Read More]

“It used to be (that) the dealer was the first stop, and now I kind of think the dealer is the last stop.” This statement from a car shopper in a video shown at an Autotrader event last week may come as a surprise to some, but it’s one that Mike Roberts wanted to drive […] [Read More]

There’s a story our publisher-emeritus Ron Smith tells that really pinpoints the importance of networking at industry events. After one of the company’s automotive conferences a few years ago, an attendee approached Ron to tell him how much he had enjoyed the event. Ron was certainly thankful to hear this news, but said he was a […] [Read More]

Frank Fuzy has shipped cars as far north as the North Pole and as deep into the Pacific as Tokyo. “I’m advertising to the world,” said Fuzy, who co-owns the predominantly Internet-based Century Motors of South Florida with his wife, Gina. “And we’ve got the shipping routes down pat. It’s so reasonable that it just […] [Read More]

Vendor Transparency Solutions (VTS) recently enhanced relationships with two of the repossession industry’s largest organizations — Allied Finance Adjusters (AFA) and Time Finance Adjusters (TFA) — in order to provide regulatory compliances services for agents. AFA and VTS through its ongoing partnership announced the integration of the Allied Finance Adjusters vetting portal and the VTS […] [Read More]

If you’re in the business of selling cars and trying to make the most out of your mobile strategy, the used-car market may be a good place to start. Edmunds.com conducted an analysis of its own site traffic to determine differences between smartphone and desktop shoppers, and found that used-car shoppers show a particularly strong […] [Read More]

There’s quite a bit of hubbub being made in the consumer-facing media following the recent flooding in Texas and the vehicles that suffered water damage. The National Insurance Crime Bureau, based on estimates from Copart, recently reported that the fallout from the flooding affected between 7,000 and 10,000 insured vehicles in the area. While the […] [Read More]