The National Auto Auction Association Convention — which is held in partnership with the National Remarketing Conference at Used Car Week — is just around the corner. And Auto Remarketing is celebrating the annual event and the auction industry with our yearly NAAA Convention issue. One of the special sections in that magazine (our Nov. 1 edition) is the […] [Read More]

Year-to-date auction volume on late-model vehicles wrapped up August just a shade under 2 million units, with nearly a 22-percent sequential hike for last month alone. According to the latest Guidelines report from J.D. Power Valuation Services, the late-model auction volume tally of 1.94 million units through August is up 6.67 percent from a year ago. The […] [Read More]

Sign up for BidOnMyTrade.com — a new online service that provides dealerships leads on purchasing used-cars for trade-ins — is currently free of charge to dealers and requires no obligation. The new service was designed to give car shoppers a quick way to trade in their vehicle without having to leave home, the company said. Additionally, independent […] [Read More]

CarMax posted double-digit increases in both net earnings and used vehicles retailed during the second quarter of its fiscal year. And the company highlighted on Friday that CarMax achieved those results even though six stores in Houston were closed for a week because of Hurricane Harvey, creating a “modest adverse effect” on comparable store used-unit […] [Read More]

Well, here’s a title Tom Brady and the New England Patriots didn’t win. With Friday marking the first official day of fall and football season already in full swing, Swapalease.com shared results of its NFL & Cars Survey, where thousands of drivers across the country made predictions about their favorite NFL teams, and also paired […] [Read More]

This week, GWC Warranty, a provider of used-vehicle service contracts sold through dealers, appointed Brian Stach as the company’s new chief revenue officer. In his role, Stach will oversee all of GWC Warranty’s field sales operations, including a nationwide team of area vice presidents, dealer consultants and trainers. “Brian is a proven leader with a […] [Read More]

The Enterprise Rent-A-Car Foundation announced Wednesday it has pledged $750,000 to the American Red Cross and $250,000 to Americares to help communities devastated by Hurricane Irma. The $1 million in donations from the philanthropic arm of the Enterprise Rent-A-Car brand will go towards relief efforts in both the Southeast U.S. and the Caribbean, the company said. Enterprise's support for disaster relief now totals $3 […] [Read More]

The Canadian Finance & Leasing Association announced a new chairman of the board earlier this month, along with six executive committee members, including some from the auto-finance industry . And it will also have a new president and chief executive officer on Oct. 1. The new CFLA chairman is Richard McAuliffe, who is senior vice president […] [Read More]

Car shoppers have recently shown increased interest in segments such as luxury sport, coupe, luxury sport sedan and large SUVs, according to Jumpstart Automotive Media’s latest shopper interest data report. From July to August, across Jumpstart’s portfolio of sites, shopper interest in the luxury sport segment grew 28 percent; the coupe segment grew 15 percent; […] [Read More]

In the showroom, car brands only have about 20 seconds to influence a car shopper's opinion, according to eye tracking provider Tobii Pro Insight, which partnered with Dx3 Canada and Toyota Canada to closely analyze consumer's typical showroom experience. As if they were shopping for a new vehicle, 92 study participants were given Tobii Pro […] [Read More]