SANTA MONICA, Calif. — With Memorial Day coming in two weeks, analysts from TrueCar.com believe the projected average discount could rival the highest at any point in the year. According to the site's TrueTrends Report for May that aggregates this data, the average discount off of a new vehicle is projected to be at least […] [Read More]

CARY, N.C. — The leading story this past week at AutoRemarketing.com shared a lengthy analysis from KAR Auction Services' Jim Hallett that not only discussed his company's quarterly performance, but also examined the entire industry. Also stirring plenty of interest was a story that delved into Kelley Blue Book's Automotive Brand Indicator. The top five stories from AutoRemarketing.com this […] [Read More]

ATLANTA — Certified pre-owned and used models have picked up considerable retail price momentum. That's according to AutoTrader.com's Trend Engine Report for May, which tracked and revealed price movements that occurred in April. The vehicle whose CPO price jumped the most was for the Ford F-150. Year-over-year price comparisons for this truck are up 35.7 percent. Another vehicle from […] [Read More]

SANTA MONICA, Calif. — Which auto brand has the youngest buyers? According to a TrueCar.com study released this week, it is Mitsubishi, followed closely by Mazda and Volkswagen, respectively. TrueCar.com indicated that 18.3 percent of Mitsubishi buyers were between the ages of 18 and 34, which tops the industry. Meanwhile, 18 percent of Mazda's customers and […] [Read More]

WASHINGTON, D.C. — The National Automobile Dealers Association repeated its petition late Tuesday for its membership to reach out to members of the U.S. Senate. The plea comes as crucial legislation that some argue would significantly impact dealer-assisted financing and more is about to be put to a vote sometime this week, with some expecting the vote to come […] [Read More]

SOUTH AMBOY, N.J. — With May being National Youth Traffic Safety Month, DCH Auto Group is putting a major emphasis this month on helping to keep teen drivers safe on the roads. It is providing free vehicle safety inspections in May for any vehicle driven by a teenager, and is also offering a series of driving […] [Read More]

COSTA MESA, Calif. — Automakers have rolled out unprecedented incentives and rebates this month, according to NADAguides.com, which recently released what it considers to be the top deals for May. The site said the "standouts" for the month are Chevrolet, Ford, Honda and Toyota. Chevrolet, for example, is providing customers with $6,500 cash back when they […] [Read More]

ALPHARETTA, Ga. — LeasePlan USA appointed a new vice president of sales for the West region on Monday. Named to the position is Kathy Fairbanks, who has 22 years of experience in sales and management. In her new position, Fairbanks will head up new business development in the mid- and large-fleet market segments for her territory, which […] [Read More]

ESCONDIDO, Calif. — Premier Recovery Service received a repossession assignment earlier this year and immediately went to work on tracking down the collateral near where the contract originated in San Diego. Searching for the debtor through Facebook revealed the vehicle wasn't anywhere near the agent's home base or even in southern California. Premier Recovery Service owner […] [Read More]

ATLANTA — The Ram Truck Brand joined up with country music act Zac Brown Band late last week to kick off a national letter-writing campaign targeted to U.S. soldiers. The campaign, "Letters for Lyrics," has the goal of sending 1 million letters to troops deployed around the world. In exchange for writing a letter to a […] [Read More]