While trends involving zero percent finance deals for new vehicles intrigued analysts, Edmunds also noticed jumps in annual percentage rate (APR) and down payments to get used vehicles delivered in August. According to data shared on Tuesday, Edmunds determined that the average APR for used-vehicle financing organized at franchised dealerships in August rose 79 basis […] [Read More]

When it comes to running an auto dealership and all its moving pieces — especially the service department — communication is paramount. And improving that service department communication is where Singlethread comes into play. In this grand finale of our automotive conference season podcasts recorded in the first half of the year, Joe sat down […] [Read More]

Taking on a second term as chairman of the Greater New York Automobile Dealers Association (GNYADA) is a third-generation dealer. Lee Certilman, the co-owner of Long Island's Nardy Honda Smithtown dealership will focus on creating local jobs during another term as the association’s chair, GNYADA announced Friday. “My job over the next 12 months is to […] [Read More]

The Chevrolet Suburban is the overall winner of AutoPacific’s latest Ideal Vehicle Awards (IVA), which recognizes vehicles that impress owners the most. And U.S. brands, in general, led the way.  Including Chevrolet, which dominated with six IVA wins this year. Parent company General Motors won seven categories (one from Cadillac and the six from Chevy. Chevrolet won all […] [Read More]

Perhaps if someone is shopping for basic transportation, online vehicle listings that present pictures and descriptions more than satisfies the potential buyer’s thirst for information. But with Porsche retailing high-end luxury models, the automaker is making sure individuals can experience more than just swipes on their smartphone when deciding. Porsche recently highlighted its large-scale commitment […] [Read More]

When it comes to the usefulness of technology inside of vehicles, satisfaction among car buyers has increased. According to the J.D. Power 2018 U.S. Tech Experience Index (TXI) Study, released Wednesday, overall satisfaction with new-vehicle technology among owners of luxury vehicles averages 766 (on a 1,000-point scale), while satisfaction among owners of mass-market vehicles is 765. This […] [Read More]

Many young professionals are taking on leadership roles in the auto industry and impacting the remarketing and used-car business. And 40 of these outstanding leaders are featured in the Sept. 1 edition of Auto Remarketing. In our fourth annual Remarketing & Used-Car Industry’s 40 Under 40 issue, you will find the current- and next-generation leaders of […] [Read More]

Back in 1988, a gallon of gas cost less than a dollar, and birds did all of the tweeting. Now with fuel much more expensive and tweeting having an entirely different connotation, Westlake Financial Services is celebrating, having reached 30 years in business this week and growing to one of the largest, privately owned auto […] [Read More]

As summertime unofficially winds down, Spireon is celebrating a number of corporate milestones secured during the first half of the year. Spireon attributed product innovation, “white-glove” customer service and key industry partnerships to increases in revenue, active subscriptions and customer service metrics. “Results for the first half of 2018 show market demand remains extremely strong […] [Read More]

Miami tourists and residents interested in an alternative to renting from a traditional car rental service can now connect to the developing Getaround carsharing platform. The provider of patented proprietary technology that lets drivers locate and unlock the vehicles of people in their city without having to interact with them has added Miami to its […] [Read More]