Used-vehicle sales are expected to remain relatively static on a year-over-year basis for September, but fall double-digits from August, according to TrueCar.com. On the new-vehicle side of the market, though, sales look to be down 5 percent month-over-month (unadjusted). However, this decline is much slower than the usual August-to-September dip, something that TrueCar vice president […] [Read More]

Like some industry brethren, Hertz Corp. revealed its own commitment to action at this week’s annual meeting of the Clinton Global Initiative, which aims for better environmental protection. Hertz’s pledge stems around enhancing the availability of the next generation of electric vehicles to the general public through its rental and vehicle-sharing operations. The company and […] [Read More]

The compact car segment has shown significant growth in terms of online shopper interest over the spring and summer, but this hasn’t translated into higher sales, according to Jumpstart Automotive Group. The company suggested that this trend points to pent-up demand for compacts, meaning end-of-year sales could be strong for this segment.   More specifically, the […] [Read More]

The Federal Reserve rattled off several negative economy assessments Tuesday but decided to keep the federal funds interest rate at its current level.   The Federal Open Market Committee chose to maintain the target range for the federal funds rate at 0 to 0.25 percent. Officials noted that they continue to anticipate that economic conditions, […] [Read More]

Move over, fellas. When it comes to the under-30 crowd, the luxury market is seeing a greater number of female drivers than males, according to LeaseTrader.com.   In fact, more than half (about 51.2 percent) of females younger than 30 who use the site have a luxury ride. Five years ago, just 42.6 percent could […] [Read More]

The National Insurance Crime Bureau’s theft study discovered the 10 most stolen vehicles throughout the nation.   The Hot Wheels 2010 study identified the following vehicles as the most often stolen:   1. 1994 Honda Accord   2. 1995 Honda Civic   3. 1991 Toyota Camry   4. 1997 Ford F-150 Pickup   5. 2004 […] [Read More]

Dealer Services Corp. of Indiana announced it has selected Learn.com to deliver and track employee training.   The company points to this new platform as one of its latest investments designed to enhance customer service.   [Read More]

 R. L. Polk & Co. revealed Monday who will become its new president effective Oct. 4.   Taking on the position is Tim Rogers, who will lead Polk’s overall business objectives, policies and strategic direction.   Rogers comes over to Polk after a 29-year tenure with Maritz, a leading marketing services company. During that time, […] [Read More]

Trade shows are a great way to promote your business, meet people in your industry and learn about other businesses. To get the most out of your experience, you must be strategic before, during and after the event. Here are some tips on how to make your trade show experience successful.   1. Make Your […] [Read More]

Roquemore & Roquemore aimed to enhance SkipTrak, its repossession and remarketing management system, by recently reaching strategic alliances with three repossession industry entities.   Now included in Roquemore’s new alliance are the American Recovery Association, Recovery Management and OPENLANE. Roquemore shared reasons why each organization can boost the relations between recovery agents and lenders.   [Read More]