Consumers in three states can now visit several newly opened Avis car sales locations to shop for low-mileage vehicles. Avis Car Rental announced Wednesday that it has expanded its Avis Car Sales program with additional locations across Florida, Texas and Massachusetts. The company explained that it now provides a direct-to-consumer model amid increased demand for former rental cars. A […] [Read More]

A trailblazing federal lawmaker who took a stand against the Consumer Financial Protection Bureau is set to address the independent dealership community. Rep. Stephanie Murphy (D-Fla.) will be the featured speaker for the Welcome Luncheon at the 2018 National Independent Automobile Dealers Association Convention and Expo, coming up June 18-21 in Orlando, Fla. Murphy, who […] [Read More]

As the number of credit union members its platform now can reach swelled nearly 60 percent year-over-year, GrooveCar adjusted its executive team with additional resources to support its credit union partners. Three new management positions highlight GrooveCar’s increased focus on growing credit union’s auto financing business. As director of business development, the company said Robert […] [Read More]

Despite all the cash being thrown on hoods nowadays, it appears the numbers still tilt to benefit leasing. Swapalease.com recently shared new data that show lease payments would still be more attractive than installment contract payments even after dealers and finance companies instituted more aggressive incentives toward retail sales. Swapalease.com conducted a loan-versus-lease comparison of […] [Read More]

Donlen has brought aboard a new senior vice president to oversee company strategy for new business development, client retention and sales force effectiveness. The company announced Thursday that it has chosen Greg Hawes to serve as Donlen SVP of sales and client relations. Hawes brings over 20 years of leadership experience developing go-to-market strategies designed […] [Read More]

Are you scared of artificial intelligence? If you have seen "Terminator 2," we totally get it. But AI could be also a positive development for the auto industry.   In the podcast below, Lance Schafer, general manager of product and technology at LotLinx, talks about the role artificial intelligence could play in the car business, and how his […] [Read More]

While car shoppers enjoy the last full month of spring, automakers have presented the market with several attractive certified pre-owned deals, which are sure to turn heads both before and after the Mother's Day and Memorial Day weekend ahead. Autotrader has come out with its latest list of top CPO deals that shoppers can take […] [Read More]

Ally Financial is continuing to diversify its relationship portfolio. Adding to a parade of developments since the beginning of the year, Ally announced on Thursday that it has signed an agreement with Sonic Automotive. Effective this month, Ally will be the provider of vehicle service contracts (VSCs) and guaranteed asset protection (GAP) coverage for the […] [Read More]

Volkswagen Canada had its strongest month ever for certified pre-owned sales, moving 2,016 CPO units in April, according to the automaker. This was up 52.6 percent over April 2017 sales.  This followed March sales of 1,686 CPO units, which beat year-ago figures by 18.6 percent. Through four months, VW is up 28 percent with 6,345 […] [Read More]

The Canadian buyers who did make a used-vehicle purchase in April evidently weren’t afraid of the price tag. Despite a month that saw unpredictable weather across Canada keeping many used-vehicle buyers from showrooms, the top 10 funded used vehicles in Cox Automotive Canada’s Dealertrack Online Credit Application Network continued to see annual average cash price […] [Read More]