Facebook Marketplace is expanding further into the automotive space and working with some of the industry’s biggest players, including the likes of Edmunds, Cars.com, CDK Global, Kelley Blue Book and others. According to details and an outline of those partnerships provided by The OutCast Agency on behalf of Facebook, Marketplace will soon have new features […] [Read More]

Element Fleet Management has promoted Chris Gittens to serve as president of Canadian operations, the company announced Wednesday. Gittens succeeds Sebastien Blondin, who has taken on a strategic business development role with the Element Fleet Management corporate team. “Since 2012, the Canadian leadership team has built a strong foundation and driven a singular customer experience […] [Read More]

Honda currently outpaces all brands when it comes to reliability, according to a new analysis based on real-world vehicle repair. Three of Honda’s most popular models — the CR-V, Civic and Accord — are among the top 10 most reliable cars on RepairPal.com’s recently introduced Reliability Rating that is based on vehicle repair orders from the […] [Read More]

The auto lease credit approval rate in September registered the lowest percentage seen this year, according to data from Swapalease.com. The approval rate fell to 47.6 percent following a relatively strong August, when the rate was 68.3 percent, according to Swapalease. Hurricanes Harvey and Irma have likely contributed to September's notably low rate. Last month, Swapalease.com saw […] [Read More]

The ServNet Auction Group has added another member: Metro Auto Auction Phoenix. The auction, which opened in 2007, is led by managing partner Tom McDermott and is part of the Berkshire-Hathaway Automotive Group. ServNet last added an auction in November 2016, when Houston Auto Auction joined the group. In October of last year, ServNet added […] [Read More]

Carvana has expanded further West with the launch of its new Las Vegas market, the company announced Wednesday. Las Vegas residents can now browse more than 7,000 vehicles on Carvana.com and receive free, as-soon-as-next-day vehicle delivery after making a purchase. “Las Vegas is a city built on hospitality, making visitors feel welcome 365 days a year,” […] [Read More]

We circle back to one of the most difficult challenges of the automotive business — repossessions — for the latest episode of the Auto Remarketing Podcast. Nick is joined by Cort DeHart, who is the corporate strategy manager with MBSi Corp. The conversation touches on how complicated repos can be and how the industry is […] [Read More]

While the agency director expressed his disappointment, dealerships and auto finance companies can breathe a big sigh of relief; Congress has stopped the Consumer Financial Protection Bureau’s arbitration rule. With Vice President Pence casting the deciding vote late on Tuesday night, a Congressional Review Act resolution gained approval in the evenly divided U.S. Senate, overturning […] [Read More]

Your customers now have another option to watch for activity associated with their credit file. On Tuesday, Used Car Week sponsor FactorTrust launched what’s being dubbed FactorTrust Credit Monitoring, a service that can observe activity within the FactorTrust credit file. The company explained this new service allows for monitoring of alternative credit activity and is […] [Read More]

U.S. News & World Report has released its list of the Best Used Cars for Teens, and three models from General Motors cracked the rankings.  The rankings can be a resource for parents in search of safe, dependable used-cars for their new drivers, the publication said.  “Just because you're looking for a used car for your teen […] [Read More]