Consumer survey results discovered by PenFed Credit Union reinforced the importance vehicle buyers place on securing a monthly payment that fits their budgets. The findings arrived as the newest Cox Automotive analysis showed purchasing both new and used vehicles is becoming a more expensive endeavor. Cox Automotive explained in a recent edition of Data Point […] [Read More]

As someone with backgrounds in science and mathematics, Market Scan co-founder and president Rusty West has greatly enjoyed the past 25 years as a developer and engineer involved with vehicle retailing and financing. West shared his perspectives with Nick on how technology is impacting not only vehicle leasing, but also other aspects of how consumers, […] [Read More]

Cox Automotive has its first-ever chief data officer, and filling that new role is Mark Luber, who comes over from LexisNexis Risk Solutions. Luber spent 15 years there, most recently as senior vice president of global product and analytics. He will report to chief product officer Marianne Johnson and lead the company’s “data strategy, helping […] [Read More]

A decade of recognizing excellence. This year marks the 10th anniversary of Women in Remarketing, a program that has evolved into a celebrated franchise of Auto Remarketing and a key pillar of the National Remarketing Conference. Year after year, Women in Remarketing simultaneously recognizes excellence among the leaders of the remarketing and used-car business, while […] [Read More]

A new partnership between Lexus and automotive dealer website and digital marketing company Dealer eProcess means Lexus dealers could now have even more of an “Amazing Digital Experience.” Dealer eProcess is now part of The Amazing Digital Experience by Lexus program. That means Lexus dealers can now experience all of Dealer eProcess’ advanced tools and […] [Read More]

After an electric company in the Southeast rolled out a strategy to spark more usage of electric vehicles (EVs), a new survey recently commissioned by MINI showed how consumers are zeroing in on how they want to use an EV. The automaker reported on Friday that 63% of survey participants said the best way to […] [Read More]

Qualified buyers seeking to finance a certified pre-owned Nissan Leaf or Nissan Altima can get the following deal: Through the end of April, Nissan is offering 3.99% interest for up to 60 months on any certified pre-owned version of the vehicles. That is just one of several offers that Autotrader is describing as a top […] [Read More]

Sean McCarthy has worked as a CPA for 30 years. He spent his first decade with a local firm before serving as chief financial officer of two of Columbus’ largest automotive groups. Now, McCarthy is joining Brady Ware Dealership Advisors — an accounting and financial services company for auto dealers in the Midwest — as […] [Read More]

Here’s another collaborative effort to present information to consumers who want to know if the vehicle in your inventory might fit within the potential terms the finance company could provide — especially in the subprime segment. Equifax and Credit Bureau Connection (CBC) are joining forces to offer dealers and finance companies the ability to empower […] [Read More]

Volkswagen Group of America, Audi of America and their respective German parent companies (Volkswagen AG and Audi AG) are facing a proposed class-action lawsuit filed in U.S. District Court for the Eastern District of Virginia. The consumer plaintiffs accuse the companies of having allegedly “defrauded and endangered them and others by selling vehicles labeled as […] [Read More]