Used-car supply remains tight, despite slight loosening over the course of this year. Why, then, do prices seem to be on the way down? In the latest RVI Risk Outlook, officials explained that on top of seasonality, there are a few factors pushing this trend. As used-car prices saw a slight 0.2-percent monthly decrease in […] [Read More]

On the third day of the first partial U.S. government shutdown in 17 years, Congress will continue its negotiation efforts to pass a series of bills to fund the government. In the meantime, the country waits, as does the automotive industry. The effects of the shutdown on the automotive sector are arising in a few […] [Read More]

POADA is hosting 700Credit, a provider of credit reporting and compliance products and services, for a free Market Intelligence Webinar titled, “Compliance Questions Answered.” Kenneth Hill, managing director of 700Credit, will be the presenter during the webinar that’s set for Wednesday at 2 p.m. ET. Hill noted three elements participants can expect to learn from […] [Read More]

J.D. Power is gearing up for its annual Automotive Marketing Roundtable later this month that will focus on all facets of online automotive marketing. The company revealed some of the scheduled speakers this week, with more than 75 of the industry’s leaders on the docket. Some of the scheduled special keynote speakers and panelists include: […] [Read More]

Compliance is an interesting phenomenon in the industry today. I call it a phenomenon because that word means wonder, marvel or spectacle, and that’s exactly how I see compliance. Compliance is this sort of unknown quantity, and everyone involved interprets it in a different way. One lender’s compliance is another lender’s non-compliance. Some vendors treat […] [Read More]

The share of used-vehicle retail site traffic for full-size cars on KBB.com during September climbed more than 7 percent from August, and the two models driving this surge also happened to be the same ones leading activity growth among all 2007-2011 model-year vehicles on the site. That’s according to the Hot Used-Car Report released by […] [Read More]

Put aside, for a minute, the fact that Bozard Ford Lincoln has generated more than 1,300 reviews since implementing an online reputation management program three years ago. Consider how far monthly used-vehicle sales have climbed for the St. Augustine, Fla., dealership during this time. They have nearly quadrupled, climbing from 35 used vehicles sold each […] [Read More]

A recent survey by Ally Financial and the National Automobile Dealers Association highlighted how much dealers are continuing to give back to their local communities through donations and volunteerism. Survey results showed nearly 65 percent of respondents are increasing charitable contributions this year compared to a year ago. The 2013 Dealer Charitable Survey, which polled […] [Read More]

From the creators of the Auto Remarketing Power 250 comes the inaugural Auto Remarketing Canada Power 120. Auto Remarketing’s sister publication for our neighbors to the North highlights the leading companies in the Canadian remarketing industry in its brand new fall issue. As a trade publication, Auto Remarketing Canada sees itself as a partner to […] [Read More]

In August, it was used luxury models that were showing the biggest movements on either end of the pricing pendulum. This month? A slightly different story. While luxury models yet again dominated the Top 10 Biggest Price Drops on Cars.com, September’s list of Top 10 Biggest Price Increases was more about moderation in prices — […] [Read More]