Residents of three states can now access a carsharing marketplace where vehicle owners can provide their cars to carshare drivers seeking qualifying vehicles for their jobs. HyreCar, the peer-to-peer carsharing platform designed to facilitate carsharing for ridesharing, has launched in three additional states. The company announced Tuesday that vehicle owners and drivers in Hawaii, Iowa and Minnesota […] [Read More]

While an auction general manager in Texas shared short-term expectations for what might be happening in the lanes, the newest Black Book Market Insights report also highlighted a noteworthy development that just occurred. Editors determined truck values stabilized last week following several weeks of volatility, while cars saw higher demand at auction. “Sedans drop in […] [Read More]

During a time when it can be hard for consumers to easily narrow down what certified pre-owned vehicle programs to shop, Autotrader has come out with a list of top programs for shoppers to consider this year. Autotrader announced that it has come out with its list of the top luxury and non-luxury CPO programs for 2018 on Tuesday. […] [Read More]

As Equifax is noticing a slowdown in the volume of vehicle leasing happening at dealerships, Swapalease.com is seeing an uptick in consumer interest for taking over a lease contract. Those findings came as Equifax shared its lease origination data through January, and Swapalease.com released its quarterly lease trends report for the first quarter. First, let’s […] [Read More]

Avis has followed the footsteps of other automotive retailers that now list their used-car inventory free of charge — nor do they pay for leads. The car rental company has joined the UsedCarsForSale.com’s classified platform, which touts a more user-friendly marketplace than competing paid for classified websites that can deliver both expensive and low-quality leads to dealers, […] [Read More]

Ever have an emotional connection to an experience because of what you see, smell, taste, feel or hear? Well, a similar approach can be applied to retail automotive. For example, the music you hear on the speakers in the showroom. Trey Courtney of Mood Media explains in the podcast below. Download and subscribe to the Auto […] [Read More]

KAR Auction Services is pulling in $820 in fees per transaction at its ADESA auction locations. However, says chief financial officer Eric Loughmiller, only half of that amount is the auction fee. The rest?  “That’s the value-added services we’re able to drive off of those locations,” Loughmiller said by phone shortly after the company’s latest […] [Read More]

The 2013 indirect auto lending guidance from what was previously called the Consumer Financial Protection Bureau now is officially off the books. On Monday, President Trump signed into law a bipartisan Congressional resolution disapproving a rule that was in the form of guidance issued by the regulator that now calls itself the Bureau of Consumer […] [Read More]

The analyst team at iSeeCars.com combed through the federal database and compiled lists about recalled late-model vehicles that could be especially handy for your used-car manager, particularly if your store likes to shy away from inventory with open recalls. Analysts collected the number of distinct vehicle recall campaigns from the National Highway Traffic Safety Administration’s […] [Read More]

Car dealership data mining, sales-lead generation and communication solutions provider AutoAlert has received the Service Organization Control Type 2 (SOC 2) certification. The SOC 2 certification is the official recognized auditing standard for service organizations that have gained recognition as a top standard for secure and confidential information handling. According to AutoAlert, it is the only software company […] [Read More]