On top of announcing impressive pre-owned sales results for the first quarter on Wednesday, Asbury Automotive Group executives also revealed plans to follow CarMax and other competitors into the stand-alone used-car retailing space. Company leaders said in Asbury’s conference call to discuss Q1 results that the move was fueled in part by significant growth in […] [Read More]

Swapalease.com reported on Tuesday that lease credit approvals on its site in March rose from the yearly low established a month earlier. The March rate came in at 69.6 percent, up from 66.7 percent recorded in February. Site analysts noted the 69.6 percent approvals mark is also the level of the last three months, indicating […] [Read More]

Leadership, determination, inspiration, creativity. What do all these traits have in common? They have all been demonstrated by each member of the 2014 Women in Remarketing class. In what we’re proud to call an annual tradition, Auto Remarketing dedicates a special section of our print publication each year to recognize the leading women of the […] [Read More]

Recovery Database Network (RDN) and Inilex, a national provider of vehicle telematics solutions, recently announced they have successfully integrated Inilex’s GPS-based vehicle location information into RDN’s vehicle repossession management software, giving dealers instant access to vehicle location information. Officials insisted this integration is especially beneficial to special finance lenders and large-scale buy-here, pay-here dealers that […] [Read More]

BoostUp.com — a free social savings website that can help consumers raise money toward a major purchase like a vehicle — recently formed a new partnership with Penske Automotive Group.  Officials highlighted select Penske dealerships will now provide a discount — what the site calls a BOOST — of up to $500 to all BoostUp.com […] [Read More]

Two Asian automakers ranked highest based on consumer-written dealership reviews, according to the Consumer Rating Index (CRI) for Auto Manufacturers released by DealerRater. Topping the list among luxury brand was Lexus, while Hyundai headlined the list for mass market manufacturers. Along with overall rankings, the CRI ranked automotive manufacturers within the “Luxury” and “Mass Market” […] [Read More]

ALG vice president of editorial Eric Lyman spent the early portion of the New York International Auto Show considering residual values of the new 2015 models nearly a dozen different brands highlighted to open the Big Apple event. Lyman based his analysis on the residual value of the most current model now in store showrooms […] [Read More]

More than a third of used-car buyers said in a recent survey by DMEautomotive that they visited just one dealership before purchasing their respective cars. Meanwhile, 20 percent of used buyers stopped by two stores, 19 percent visited three and 5 percent didn’t visit any store, according to the study results released Tuesday. Seven percent […] [Read More]

When it comes to buying expensive commodities like cars, the “dissonance” factor is incredibly high. After all, it is a costly purchase, and nobody wants to go wrong when closing the deal. According to the recent 2014 US Women Car Buying Report, women are becoming the most powerful and largest segment of car buyers, presenting a […] [Read More]

As MBSi Capital rolled out enhanced availability of its mobile application, the company also decided to supplement the reward program offered by Primeritus Financial Services. Launched earlier this year, Primeritus’ quarterly reward program will honor its top-performing agency partners in regard to their peers based on both compliance and success. Every quarter, the Primeritus program […] [Read More]