Used-vehicle sales in January are expected to show a year-over-year gain and approach 2 million units sold, according to TrueCar.com, which predicts new-vehicle sales will improve double digits. Specifically, TrueCar anticipates there will be 1.97 million used units moved by the end of January, representing a 5-percent year-over-year gain and a 30-percent sequential decrease. Officials noted […] [Read More]

While Volkswagen led the way among manufacturers in Strategic Vision’s 2010 Total Value Index report, one of the biggest stories within the rankings is that for the first time ever, Ford performed better than Honda. Eight Volkswagen models (including the VW and Audi brands) were recognized for their Total Value scores in their respective segments, which is the […] [Read More]

Now that a year has passed since Toyota’s highly publicized issues with unintended acceleration, Edmunds.com declared that some potential buyers are still avoiding the brand. Edmunds.com reported that the number shoppers using its tools to consider Toyota vehicles dropped 2.3 percentage points to 17.9 percent this past month compared with December 2009. Overall, Edmunds.com found that […] [Read More]

GE Capital Fleet Services recently found out just how much it saved customers last year. Officials said this week that the total savings for 2010 was $326 million. They added company-leased versus company-owned vehicles yielded the highest cost savings of more than $68 million. “Our strategic consulting team conducts an in-depth analysis of a customer’s […] [Read More]

On the heels of making several major acquisitions, AutoTrader.com announced Monday that it has tapped a veteran of parent company Cox Enterprises to serve as its chief financial officer. Stepping into the role Feb. 7 will be Dallas Clement. His most recent post was as Cox Communications’ executive vice president and chief strategy officer. [Read More]

The climbing price at the pump is producing significant effects on what new- and used-vehicle shoppers are considering, according to the latest Kelley Blue Book Market Intelligence survey. KBB analysts explained that the current economic situation, coupled with concerns over the level of prices at the pump, has resulted in 70 percent of shoppers saying they have shifted their […] [Read More]

Edmunds.com discovered purchase consideration for the Chrysler 300 nearly doubled after the automaker unveiled its redesigned model at this month’s North American International Auto Show in Detroit. The day after this Chrysler model was showcased to media in the Motor City, a total of 16.9 percent of shoppers researching vehicles in the large car segment checked […] [Read More]

Along with an education initiative announced with Recovery Services Industry Co., Digital Recognition Network reported it recently reached a certification training deal with Recovery Compliance Solutions. The pact means DRN’s national network of more than 450 affiliates can attend the RCS certification program for free. To complement its core service offering to lenders, Recovery Compliance Solutions in […] [Read More]

Resource Management Services once again is bringing together top executives from captive finance companies, other auto loan organizations, recovery specialists, legal experts and more for the annual Collection and Recovery Solutions Conference. This year’s version, titled “Challenges and Opportunities in a Changing World,” includes a keynote presentation by John Hart, the recovery leader for the […] [Read More]

In what appears to correspond with a changing tide for small businesses, Chevrolet reported it enjoyed a third straight month of growth in sales to this particular segment during December and closed 2010 with fourth-quarter small-business sales climbing 36 percent. [Read More]