HyreCar has launched a new application that it says will allow drivers to more easily verify their identity when digitally applying to rent a car through HyreCar’s new mobile interface.   HyreCar, which describes itself as "the carsharing marketplace for ridesharing," has launched the HyreCar mobile application for Apple iOS and Android devices to streamline […] [Read More]

Dealerships are likely to see quite a wave of customers coming back to their showrooms this year since leased vehicles they delivered three years ago are set to mature. Along with handling that influx of traffic, store staff also might have another challenge — explaining to the happy lease customer that putting them into another […] [Read More]

More than 80 percent of used-car shoppers who are familiar with CARFAX Canada believe that the brand helps build confidence in their vehicle choice, according to a 2018 CARFAX Canada brand awareness survey. With that in mind, the company is now using the CARFAX Canada brand to help dealers attract customers. The company recently launched its […] [Read More]

SaleSleeve is a sales document holder that the company says is designed to provide high visibility when displaying sales documents on the inside or outside of a vehicle. Wheels Automotive Dealer Supplies has added SaleSleeve’s patented products to its newest online catalog, which will be available in early April. SaleSleeve’s IPX7 waterproof rating helps further protect sales […] [Read More]

Make it three consecutive months of sequential declines for the Black Book Used Vehicle Retention Index. On Tuesday, Black Book released its February index, noting that the reading came in at 114.5. That figure represented a 0.8-percent dip from January when it was 115.4. Editors added the index also has fallen 1.0 percent over the […] [Read More]

Experian’s Q4 2018 State of the Automotive Finance Market report showed that seven states closed this past year with 60-day delinquency rates of at least 1 percent. Overall, analysts pinpointed the 60-day delinquency rate at 0.78 percent in Q4, which represented an uptick of 3 basis points year-over-year. What Experian defines as finance companies — […] [Read More]

S&P Global Ratings has questions you might have, too. What is blockchain? And why does it elicit feelings of excitement and confusion simultaneously within the structured finance market? Analysts looked to answers those questions and more and arrived at more potential benefits than risks if blockchain gains a greater presence within the auto ABS market […] [Read More]

The Federal Trade Commission on Tuesday said it is seeking comment on proposed amendments to two rules that protect the privacy and security of customer information held by financial institutions. In separate notices to be published in the Federal Register shortly, the FTC announced that it is looking for comment on proposed changes to the […] [Read More]

Today’s vehicles have the potential to reach 200,000 miles. With the right maintenance and care, that is. The latest study from iSeeCars determined which models have the highest percentage of vehicles that reached 200,000 miles. For the study, iSeeCars.com analyzed more than 13.8 million pre-owned units sold in 2018 from model years 1981 through 2018. […] [Read More]

In addition to its long history of building vehicles, Hyundai has long supported the fight against pediatric cancer. Hyundai Hope on Wheels is a 501(c)(3) non-profit organization that works to find a cure for pediatric cancer, and the automaker says Hope on Wheels is one of the largest non-profit funders of pediatric cancer research in […] [Read More]