Used highline units remain hard to find this season, and a few certified pre-owned vehicles as well as rides from import automakers are proving scarce, as well. These were just some of the findings that popped up in the latest installment of vehicle scarcity data that is provided monthly to Auto Remarketing by AutoTrader.com. The […] [Read More]

Ally Financial is working with an Oklahoma City dealership group and regional chapter of the Operation Homefront non-profit to spread some holiday cheer and honor local military families. Ally, Hudiburg Auto Group and Operation Homefront will team up for an event where the children of active duty and National Guard military personnel in the state […] [Read More]

Fueled by its stranglehold on the top spot among used-vehicle lenders, Wells Fargo rose to be No. 1 in market share among all auto finance companies for the first time this year, according to Experian Automotive's Q3 State of the Automotive Finance Market Analysis. Wells Fargo surged past Ally Financial, grabbing 5.90 percent of the […] [Read More]

About a year ago, I introduced the idea of “provisioning” inventory as a replacement for the long-held practice of dealers “stocking cars” to feed their used-vehicle operations. The basic concept is that “stocking cars” doesn’t sufficiently capture the more holistic nature and needs of retailing used vehicles to achieve maximum return on investment and profitability […] [Read More]

It was another record month for the certified pre-owned business, which appears to be headed toward heights never reached before, according to Autodata Corp. Last month was the strongest November ever, with certified sales totaling 147,860 units, the firm said. This continues a string of records in the CPO market, including the best October ever […] [Read More]

For the second quarter in a row, Mercedes-Benz Financial posted a year-over-year new-vehicle leasing market share gain of more than 80 percent. According to Experian Automotive’s Q3 State of the Automotive Finance Market Analysis, the German luxury brand’s slice of the leasing market came in at 6.0 percent, an 87.86-percent improvement above the captive’s share […] [Read More]

It is crucial to know exactly what customers are looking for when they are searching the lots and priorities range from dependability and speed to image and technology, to name a few. But according to a recent CarMax survey, the most important element for buyers to consider remains "quality," for the third year running. In […] [Read More]

The 2012 DuPont Automotive Color Popularity Report is in, and it seems dealers may want to stock lots of white vehicles, but cut back on the silver ones. The DuPont report, released this week, has found that for the second consecutive year, white/white pearl dominates customers’ auto color choice, representing 23 percent of the global […] [Read More]

International AutoSource — a service provider that assists foreign expats who are moving to the United States lease or finance vehicles without a U.S. credit history — revealed a new partnership with Enterprise Fleet Management on Wednesday. Because of the relationship, International AutoSource now is able to assist foreign expats who are already located in […] [Read More]

Online resource for female car shoppers AskPatty.com Inc. recently launched a bureau that is designed to give decision-makers in the automotive industry insight into how to effectively market and sell to women car buyers as well as how to attract and retain female employees. The Women’s Automotive Speakers Bureau represents a variety of speakers, whose […] [Read More]