If you missed out on the Auto Remarketing Canada Conference or Women & Automotive Canadian Leadership Forum events this spring (or just want to re-live the excitement), here are three episodes of the Auto Remarketing Podcasts recorded at those events to get you up to speed. First, TradeRev co-founder James Tani talks about the company's […] [Read More]

There probably are not many strategies leveraged by subprime auto finance companies that Consumer Portfolio Services chairman and chief executive officer Brad Bradley hasn’t seen since joining the company in 1991. But Bradley described a concept as being “the new thing on the street” during CPS’ latest quarterly conference call. “It’s something called guaranteed back-end,” […] [Read More]

Dealers looking to drive performance and optimize their automotive advertising efforts across Canada can now take advantage of in-market car shopper data and behavior insights from autoTRADER.ca. in a new way. TRADER Corp. announced Monday the national launch of TRFFK powered by autoTRADER.ca, following a successful debut launch in Quebec at the end of last year. With an […] [Read More]

FordDirect announced that it named former Ford Motor Co. director of U.S. sales Dianne Craig to serve as its new chief executive officer, a move that was effective Tuesday. Craig brings more than brings 30 years of experience in automotive sales and marketing, as well as deep relationships with Ford and Lincoln dealers across the U.S. and […] [Read More]

There was a 1.2-percent year-over-year gain in global new-car sales in March, according to Scotiabank, but the goings-on in China, Latin America and elsewhere perhaps tell a more intriguing story. The aforementioned sales hike was driven by U.S. and emerging markets, which made up for a “temporary” slowdown in Western Europe, Scotiabank reported in its […] [Read More]

With perhaps a sign the spring market might be in its latter stage, a handful of car segments that have continued to increase in value, according to Black Book. The latest Black Book Market Insights report showed smaller car and sporty car segments demonstrated the strongest price performance last week. “Broad market strength was seen […] [Read More]

Wantalease.com spotted a monthly lease offer for a full-size pickup on par with compact cars and likely less than half of what a monthly payment attached to a retail installment sales contract might be. Going for just $169 per month, Wantalease.com noticed that consumers on its site can secure a Ram 1500 Crew Cab. That’s […] [Read More]

Executives with Group 1 Automotive have touted new efforts to capitalize on the higher mileage spectrum of the used-car market through the company's latest pre-owned car project: Val-U-Line, a proprietary brand for high-mileage pre-owned vehicles. It was in the first quarter that the company launched Val-U-Line, with the goal of growing it to represent 10 percent of the […] [Read More]

Ahead of the North American Repossessors Summit in April, the American Recovery Association also hosted its 54th annual convention where an array of topics associated with repossessions and recoveries were discussed by agents, finance companies and other service providers. “We have a lot of exciting things in the pipeline for our members,” ARA officials said. […] [Read More]

Finance companies are fighting a cyber-war against criminals who carry out millions of daily attacks in a bid to steal personal data and defraud businesses of millions of dollars. That is the stark message from data security expert Royce Curtin, managing director of global intelligence at Barclays, who warns finance companies that they must constantly […] [Read More]