The Tesla Model S may be the original electric luxury car. But the Nissan Leaf “was the first electric car to target the masses.” That's according to Autotrader.  “Think of it as the modern Ford Model T of electric cars,” the third-party listings brand said in a news release about the Leaf. Autotrader recognized both […] [Read More]

Used-vehicle buying and selling e-commerce platform Carvana launched as-soon-as-next-day vehicle delivery to Santa Fe, N.M.-area residents on Thursday and Sierra Vista, Ariz. area residents on Tuesday. With the two announcements, Carvana now offers as-soon-as-next-day vehicle delivery in 148 U.S. markets. Regarding the Santa Fe news, Carvana founder and chief executive officer Ernie Garcia said that […] [Read More]

Along with adding two more veterans to its roster of compliance experts, Ignite Consulting Partners plans to offer what the firm believes is the first free training offering of its kind. Ignite is going to host a free webinar about completing the financing and delivery of vehicles to Hispanic customers by conducting the entire education […] [Read More]

Veros Credit attributed two specific performance metrics and critical enhancements that pushed the subprime auto finance company to a record-breaking year in 2019 and boosted dealer satisfaction to an all-time high. According to a news release sent to SubPrime Auto Finance News this week, Veros Credit captured a 20% increase in contract origination year-over-year, while […] [Read More]

This year will mark “the beginning of a slight decline in total” used-vehicle sales, says Cox Automotive chief economist Jonathan Smoke. But keep this in mind: used-vehicle sales by dealerships should keep on climbing. “We believe the retail market will continue to grow as the supply shifts to higher-quality, younger and more expensive used vehicles,” Smoke said […] [Read More]

For the fifth consecutive year, the Ford-F-150 is the top-searched vehicle on autoTRADER.ca. And according to 2019 data that autoTRADER.ca recently released from its annual Top Searched Vehicles list, another truck moved into the list’s top 10 in 2019 – the Ram 1500. That vehicle climbed from spot No. 32 in 2018 to No. 7 […] [Read More]

The expansion of digital retailing and how rising new-vehicle prices coupled with an ample supply of off-lease vehicles could tip the scale in favor of used-vehicles over new, are some major trends that will keep the retail industry on its toes in 2020. That’s according to dealers and industry experts who attended Used Car Week, […] [Read More]

The former leader of a top U.S. ally. The chairman and chief executive officer of one of the world’s largest automakers. A journalist turned award-winning standup comedian. They’re all set to be keynote speakers at NADA Show 2020. The annual gathering of the National Automobile Dealers Association and the automotive retail industry at large happens […] [Read More]

Following the retirement of Van Koppersmith, president and founder of ACS, now Dominion DMS, Dominion Dealer Solutions has promoted Sharon Kitzman to president of Dominion DMS. As president, Kitzman will be responsible for launching Dominion’s new DMS product, VUE, which Dominion Dealer Solutions president Dan Sykes says could have a “transformational impact” on the company’s […] [Read More]

In measuring the usefulness of automotive manufacturer websites during the process of shopping for a new vehicle, Mitsubishi is the highest-ranked mass-market brand. That is according to the J.D. Power 2020 Manufacturer Website Evaluation Study — Winter, which examines four measures, in order of importance: information/content, appearance, navigation and speed. In the luxury manufacturer brand […] [Read More]