ATLANTA — The April Auto Industry Brief from Manheim's Tom Webb contained an overall cautionary tone about economic recovery but still included several positive trends, especially regarding consumer rebounds. Webb indicated that flow measurements of the economy such as employment, income, retail sales and more show ongoing economic strengthening. "Balance sheets, however, whether they be those […] [Read More]

CARY, N.C. — The hot topic again this week at AutoRemarketing.com focused on the industry's future. Two of the top five stories centered on this topic. Also generating plenty of interest was an item about Hertz's latest acquisition plans. The top five stories from AutoRemarketing.com this week are: 1. What's in Store for Used-Vehicle Market? WASHINGTON, D.C., […] [Read More]

CARMEL, Ind. — Dealer Services Corp. of Indiana this week named a new chief financial officer to replace Marty McFarland, who became the company president back on Jan. 1. Taking on the role with more than two decades of experience is David Horan. "After an in depth search, we landed on a solid fit as David […] [Read More]

LIVONIA, Mich. — It's not just drivers that need to be leery of rising "unconventional" vehicle theft-related crimes in Michigan. Dealers, too, have fallen prey to these thieves lately and should remain vigilant and educated about the rather creative methods culprits are using to snatch cars, according to Help Eliminate Auto Theft (H.E.A.T.), an organization that […] [Read More]

SAN FRANCISCO — LiveVox, a provider of hosted-dialer solutions, recently upgraded its custom multi-number dialing strategy suite. Company executives highlighted that now credit and collection call centers can build dialing strategies of up to 30 numbers per account. They believe the suite can better leverage information from skip-trace vendors. LiveVox went on to explained how the […] [Read More]

CARY, N.C. — Portfolio Recovery Associates, a purchaser and manager of defaulted and bankrupt consumer receivable portfolios for lenders, recently made its choice for a vendor to build predictive portfolio models. Company executives decided to go with the SAS Enterprise Miner for these services. "Portfolio modeling is critical for us," explained Patrick Lipsky, vice president of analytics […] [Read More]

DETROIT — AOL Autos recently published a list of the market's hottest crossovers for March, and ranking at No. 1 on this list of 15 bestsellers was the Toyota RAV4, whose sales climbed 116.7 percent year-over-year to 25,781 units during the month. "The Toyota RAV4 is one of the compact SUVs that created the class," AOL […] [Read More]

CARY, N.C. — Whether it's consumers or dealers, they're turning to AutoRemarketing.com to learn more about how the used-vehicle market might behave for the rest of this year. A story that analyzed industry trends and forecasts led traffic at AutoRemarketing.com for the second week in a row. Another item that shared the latest data available from […] [Read More]

SANTA BARBARA, Calif. — ALG has scheduled a free Webinar to discuss the latest residual value trends. The Webinar, titled "Learn How to Navigate This Year's Market Challenges and Come Out on Top," is set for 2 p.m. ET on April 29. "Between numerous recalls, emerging brands, and a resurgence of American muscle amid the continued […] [Read More]

MIAMI — LeaseTrader.com has found a rising amount of parents are turning to a different source to get into a favorable contract for a vehicle — adult children. In fact since 2008, site officials have spotted a 28.9-percent increase in middle-age parents asking their children to be a co-signer on a LeaseTrader.com vehicle lease. LeaseTrader.com believes the […] [Read More]