This year has brought with it the highest number of recalls the U.S. automotive industry has ever seen. Consequently, this has put considerable pressure on dealerships’ technicians and service departments to rise to the occasion. And AutoNation, the largest auto retailer in the country, is no exception. Mike Jackson, AutoNation’s chairman and chief executive officer, […] [Read More]

On Tuesday, CU Direct launched the next generation of its online auto shopping program, CUDL AutoSMART. With more than 1.5 million vehicles in dealer inventory, officials highlighted the program offers a host of new features designed to dramatically transform members’ experience and engagement with credit unions. The new CUDL AutoSMART can enable credit unions to […] [Read More]

Off-lease vehicles have come streaming in recently after dealers put up with tight used supply for years after the recession. But some automakers are selling so many certified pre-owned vehicles — evident through this year’s overall soaring CPO sales — that sourcing still remains a challenge. Take Kia Motors America, for example. “While the statement […] [Read More]

ADESA subsidiary Recovery Database Network (RDN) formed a new partnership on Tuesday with Digital Recognition Network (DRN), one of the presenting sponsors of the Re3 Conference at Used Car Week. The companies highlighted the collaboration allows RDN finance company clients to access DRN’s SmartRecovery data from within the RDN system — all of which is […] [Read More]

With the Consumer Financial Protection Bureau pledging to intensify regulations that govern all kinds of debt collections, skip-tracing and investigations tool provider BellesLink described the five general requirements finance companies request of repossession agencies. BellesLink founder Paul Kulas emphasized these five requirements are necessary for large repo operations as well as one-man, one-truck shops. Kulas […] [Read More]

Despite the volume of consumers who can obtain zero-percent financing as automakers compete to move new metal, the analyst team at Edmunds.com doesn’t expect leasing volume to diminish. In an extended analysis about the rise of zero-percent APR volume, site analysts still maintain that leasing is a growing trend among buyers, pointing toward volume of […] [Read More]

Continuing the series of honors that will be handed out during Used Car Week, Auto Remarketing announced the winner of the Re3 Executive of the Year Award. The honor is going to Karen Nelson, who is senior vice president and call center director for Crescent Bank, a Louisiana-based subprime auto finance company. As a result […] [Read More]

Certified pre-owned sales continue to soar, recently scoring the best quarter ever for the certified market.  And this growth in popularity cuts down on the challenges for dealers when it comes to conveying the value of the certified vehicle to customers. When CPO vehicles first hit the lot, dealers had quite a job convincing potential […] [Read More]

In a recent discussion with Auto Remarketing, Scot Hall of Swapalease.com explained why he believes used-vehicle leasing makes sense, if the deals are put together carefully, particularly when it comes to certified pre-owned vehicles. To get a sense of how much CPO leasing currently exists — and all the opportunity and challenges that come with […] [Read More]

Perhaps the best way to describe the state of Asbury Automotive Group’s Q auto stand-alone used-car retail program would be this: it’s a work in progress that certainly has made some progress. Asbury opened a Jacksonville, Fla., Q auto store  in October — the company’s second Q auto location — and has plans to roll […] [Read More]