As Edmunds.com discussed the potential benefits of “lease pull-ahead” offers, Fitch Ratings believes new-model leasing is poised to benefit from another generally healthy used-vehicle market this year, extending some gains realized as a result of robust residual values for leased cars and trucks seen during the last three years. Fitch expects lessors to continue to […] [Read More]

In what the company called a move to solidify plans for its new automotive parts and service operation, American Suzuki Motor Corp. announced late Tuesday that the disclosure statement for its amended Chapter 11 bankruptcy plan has been approved by Judge Scott Clarkson of the U.S. Bankruptcy Court of the Central District of California. Officials […] [Read More]

The 17th annual Polk Automotive Loyalty Awards were doled out earlier this week in Detroit and earning top honors once again was Ford, which has earned this distinction for three straight years. Ford was honored with awards for Overall Loyalty to Manufacturer and Overall Loyalty to Make. The Ford F-Series also won in the mid/full-size […] [Read More]

One Dodge model made the cut for the second straight year to be named the winner in Cars.com’s Shoppers’ Choice Award.    So, which car do shoppers favor? According to a Cars.com announcement made at the company’s Best of 2013 Awards show in Detroit on Tuesday, it’s the Dodge Challenger.   The Challenger was one […] [Read More]

The top four of the most-researched individual used-vehicle models on NADAguides.com last month remained unchanged from both December 2011 and November, as the Ford F-150 continues to rank in the top spot, followed respectively by the Chevrolet Silverado 1500, Nissan Altima and Honda Accord sedan. However, moving up two spots from November to December was […] [Read More]

These days there are a million numbers we can manage in a dealership. Front-end average gross, back-end average gross, turn time, days’ supply, VDPs, SRPs, click-through rate … and the list goes on. These are all important metrics that can definitely tell a lot about the success of a dealership. But what if I told […] [Read More]

Looking back at 2012, used-vehicle prices continued their upward climb for the fourth consecutive year, according to NADA Used Car Guide’s latest Guidelines report. And elements outside of the market contributed to late-year price hikes, as well, as the effects of Hutrricane Sandy pushed the average price of vehicles up to eight years old up […] [Read More]

Which consumers are sticking by their ride’s side? Experian Automotive revealed today the Q3 2012 Loyalty and Market Trends report, which highlighted two of Ford’s models as having the most brand-loyal owners: the Ford Fusion and the Ford Flex. These two models took the top two spots for brand loyalty at the model level during […] [Read More]

All eyes were on new product launches and redesigns as the North American International Auto Show got underway Monday in Detroit, but ALG’s Eric Lyman peeled back the onion a bit to look at what kind of used-car values these rides might hold a few years down the road. Here’s what the vice president of […] [Read More]

Enterprise Car Sales, which specializes in working with credit unions of all sizes to increase auto loan volume, said it generated a total of more than $380 million in loan volume for credit unions through used-vehicle sales to more than 23,000 credit union members during 2012. Officials indicated the loan volume generated is 15 percent […] [Read More]