CarProof Vehicle History Reports announced this week it has chosen a new director of corporate accounts. Filling the role is Bryan Smith. In his new role, Smith will be responsible for growing the corporate accounts portfolio and expanding CarProof’s Corporate Services division to offer new products and services to automotive manufacturers and finance companies, officials […] [Read More]

The increase in activity for green/hybrid category vehicles on Swapalease.com last month was higher than the gains for any other vehicle segment — and it wasn’t even close. Specifically, the year-over-year change in inventory listings on the site for the green/hybrid segment ended up being an increase of 66.7 percent, the site indicated. Next up […] [Read More]

Manheim chief economist Tom Webb first cited data from J.D. Power that indicated more than 3 million new-vehicle leases will be written this year, thanks to a penetration rate well above 25 percent. With those numbers in mind, Webb contends those levels can — and should — move even higher, resulting in healthy returns for […] [Read More]

How does your dealership rate? There’s a new way to find out, as a new online scoring system for dealership reputation rolled out this week to compare dealers against others within their area. Called Consumer Perception Rating, the new website is located at www.ConsumerPerceptionRating.org or www.myCPRscore.org, and provides dealerships with a CPR Score its creator […] [Read More]

Consider the respective approaches of hypothetical Dealership A versus Dealership B. Assume that both dealerships own exactly the same used vehicle. After 45 days of inventory life, Dealership A says, “retail the car and lose $600.” Dealership B says, “are you out of your mind? … There’s no way I’m retailing a vehicle after only […] [Read More]

As leaves turn and weather cools, many car shoppers start thinking about purchases that will get them through the winter months. Cars that can brave winter road conditions are top of mind, and dealers can capitalize on this practical turn, as well. AutoTrader.com editors offered up a list this week that names the top all-wheel […] [Read More]

Auto Remarketing officially announced its 2013 CPO Dealer of the Year presented by NCM Associates this morning, and taking home the fourth annual award will be Galpin Ford. The North Hills, Calif. dealership has been the automaker’s top-selling certified pre-owned dealer for more than a decade, and is led by award-winning owner Bert Boeckmann. His […] [Read More]

After looking at more than 20 million used cars for sale over the past year at dealerships throughout the country and weighing the prices of franchised dealers against those of independents,  iSeeCars suggests their respective deals aren’t that different. All told, the prices at what iSeeCars referred to as new-car dealers (i.e. franchised lots) were […] [Read More]

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]