This morning, Auto Remarketing and SubPrime Auto Finance News announced the last of a total of four honors to be handed out during Used Car Week, highlighting the inaugural winner of the Auto Finance Executive of the Year, presented by Black Book Lender Solutions. Earning this award from a group of talented executives who specialize […] [Read More]

Unfortunately, more options for advertising and digital marketing also leaves more room for mistakes. In an effort to help dealers avoid what he calls the “common mistakes” of vehicle advertising, Potratz Partners Advertising chief marketing officer Dennis Galbraith covered this very topic in his latest “Hard Facts” video report. Galbraith starts off by breaking advertising […] [Read More]

Automakers are writing lease deals at origination levels rarely seen nowadays, but CNW Research’s analysis of current contracts prompted the firm to insist a severe financial storm front could be coming. CNW indicated that automakers’ drive to increase leasing share is putting them on a track to lose from $5 billion to $8 billion within […] [Read More]

As Prime Minister Stephen Harper announced the Canadian government had reached a free trade agreement with the European Union late last week, many of Canada’s OEMs and manufacturers were already reacting positively to the move.  The government has said that, upon ratification, the Comprehensive Economic and Trade Agreement will work to ramp up trade and […] [Read More]

After a 16 day partial government shutdown ended last week, the effects on the economy as a whole may be evident — but the question of how the event has impacted the automotive industry is still a bit hazy. CNW Research tackled this very concern in its latest Retail Automotive Summary, but CNW president Art […] [Read More]

Though CPO sales are roaring along this year at an unprecedented pace, it is sometimes difficult for dealers and manufacturers to convey the value of a certified pre-owned vehicle through advertising. Why should I buy CPO rather than used? Why does it cost more? What are the benefits? These are all questions most dealers answer […] [Read More]

Skip-tracing, repossession and remarketing management firm Del Mar Recovery Solutions recently expanded its call center operations into Grand Rapids, Mich. Company executives highlighted that a year of steady growth across all of their business lines led Del Mar to open its third call center, which will come online during the fourth quarter. The Grand Rapids […] [Read More]

The used-car retail sales market is looking “tepid” in October, according to CNW Research, but dealers might be able to find some more positive news in what the firm had to say about what has been happening in the certified pre-owned market lately. Not only are customers willing to shell out the extra money for […] [Read More]

At least for now, wholesale and retail price trends are both moving in directions that benefit dealers, according to the latest analyses from Black Book’s Ricky Beggs and CNW Research. First on the wholesale side, Black Book indicated car prices dropped on average of $74 last week — about the same rate they have decreased […] [Read More]

In the second of three new honors to be handed out during Used Car Week, Auto Remarketing and SubPrime Auto Finance News announced the inaugural winner of the Re3 Executive of the Year Award presented by Consolidated Asset Recovery Systems. Earning this accolade from a group of qualified candidates who specialize in the repossession, recovery […] [Read More]