So, how much more money will a certified pre-owned vehicle fetch than a non-CPO used car? Edmunds.com answered that very question in its Q3 Used Vehicle Market Report. What the site found was that if you took a CPO model and its non-CPO used counterpart, the certified vehicle will notch a price premium of $1,341, […] [Read More]

With the Los Angeles Auto Show in high gear this week and new models launching, ALG — the analytics division of TrueCar — has shared some data and analysis on how well these vehicles may hold their respective values. Below is ALG’s data as well as thoughts from vice president of industry insights Eric Lyman […] [Read More]

The political action committees of the National Independent Automobile Dealers Association and National Auto Auction Association announced they have made a joint contribution to Sen. Tim Scott, a Republican from South Carolina, in conjunction with last week's NIADA National Leadership Conference and Legislative Summit in Washington D.C. In addition, NIADA PAC announced a contribution to […] [Read More]

The Baltimore Ravens are on the cusp of winning Super Bowl XLVII. President Barack Obama is being sworn into his second term. Most of us (for better or worse) have yet to hear the song “Blurred Lines.” That was January 2013. It was also the last time that vehicle incentive spending did not show annual growth. […] [Read More]

TransUnion acknowledged conventional wisdom suggests the summer months prior to a new school year are most popular for household moves. But a new analysis from the credit bureau found that the higher volume season actually lasts from May all the way through December. Analysts indicated these findings may be of special benefit to skip-tracers, repossession […] [Read More]

Preferred Warranties Inc. announced that it has named a new president. Brian Cosgrove, formerly PWI’s vice president of marketing and sales since January, brings 30 years of experience into the new position of president. “I am honored to be part of PWI and to have the opportunity to lead us as we expand our footprint […] [Read More]

Today, we focus on the road to ultimate business success. This is powered by a growing customer base, increasing loyalty and customer retention. Here are some innovative marketing ideas to increase your competitive edge by delivering more value to women customers. 1.  Buy a Car in Less Than 2 Hours Do you know it currently […] [Read More]

As election results came in last week, the polls showed one West Virginia auto dealer caused quite an upset. Mark Maynard, who owns a small towing business and car lot in Genoa, W. Va., overcame 32-year incumbent Truman Chafin in the 6th District of West Virginia’s Senate race. Chafin has held the position from 1998 […] [Read More]

Veteran’s Day is a fine occasion to give thanks where thanks is due — to those who sacrifice to serve and protect our nation. There are also those in our industry who go the extra mile to help give back to veterans, year-round, who are looking for work. One such company, in particular, announced today […] [Read More]

Auto Remarketing has learned that Brent Huisman of Santander Consumer USA has moved to a new role within the company. Huisman is now executive vice president of asset remarketing. In this role, he will directly supervise asset remarketing, action reconditioning, internal and external sales as well as Chrysler Capital lease returns.  Huisman has been with […] [Read More]