Based on projections for used-car supply provided to Auto Remarketing by NADA Used Car Guide, there will likely be an 18-percent rise next year in the number of off-lease units within the pool of used vehicles up to 8 years in age. In its used supply forecast, broken up by registration type, NADA is predicting […] [Read More]

Repo Remarketing selected Vendor Transparency Solutions this week as an online portal compliance monitoring platform. With the importance on detailed compliance, officials highlighted that VTS offers a platform to serve present and future needs of the industry and aligns Repo Remarketing for the protection and benefit of its many partners. “Legal, compliance and the Consumer […] [Read More]

As 2013 comes to a close, it is customary for businesses of all kinds to take a look back at the past year, assess their performances and prepare for the next 12 months — and it’s no different in the transportation industry. This year, the focus has been on the transition to ePOD, or electronic […] [Read More]

The trend of consumers keeping their vehicles longer that began during the last recession is only expected to accelerate in the next five years, according to CNW Research president Art Spinella, who pinpointed the lease market as a vital tool for automakers and dealers in keeping customers coming back to the dealership. This is particularly […] [Read More]

Late Thursday evening, ALG honored the brands that ranked the highest for perception of value in Canada with Mercedes-Benz topping the list. But the annual awards have a different face this year. ALG has upgraded and re-launched the metric for automakers to compare the perceived quality of its brand and the effect on residual values. […] [Read More]

Dealers are already finding it challenging to reach the Millennial generation because of these potential buyers’ demands for online interaction and increased transparency. Now a study arrived this week showing how these Americans ages 16 to 34 are leading the way in a significant decline in driving altogether, especially in urban areas. The report titled, […] [Read More]

On Thursday, Experian revealed its choice for a new group president of vertical markets, an area that includes the auto side of the company’s business in North America. Chosen for the position is Jennifer Schulz. In her new position, Schulz will be in charge of the company’s vertical markets group, which also include the public […] [Read More]

Leasing penetration is thought to have reached its highest level of the year last month and could get even stronger before 2013 is over, said Edmunds.com senior analyst Jessica Caldwell. Specifically, it was forecasted that lease penetration was at 26.2 percent in November, up from 26.0 percent in October and 24.9 percent in November 2012, […] [Read More]

Spokespersons from both Ally Financial and General Motors didn’t offer specifics on Wednesday in reaction to a report that the automaker is planning to sell off its remaining stake in the vehicle finance company. A host of media outlets cited a report by the Wall Street Journal  that quoted anonymous sources who said GM intends […] [Read More]

What’s black and white, and red all over? The used vehicles men are more likely to inquire about, it seems. In a recent study, iSeeCars.com spent a year tracking and analyzing the colors and types of cars that male and female visitors to its website inquire about. “It’s one thing to say you like a […] [Read More]