The sentiment from dealers who participated in the latest survey from KeyBanc Capital Markets matched up with what CarMax executives recently shared about how potential subprime buyers are behaving. Then, KeyBanc analysts projected what these same potential subprime customers could do during the second half of the year based on a pair of expectations. First, […] [Read More]

The Cars.com annual ranking of the "most-American" vehicles has not only been revamped this year, but for the first time, the Jeep Wrangler/Wrangler Unlimited tops the company's list, followed by the Jeep Cherokee in second place. All engines and roughly all transmissions for the Ohio-built SUVs from Fiat Chrysler Automobiles originate from the U.S., according to Cars.com. The models’ […] [Read More]

In celebration of July 4th, Swapalease.com has come out with some patriotic fun facts about what Americans are driving. Though men and women may share the same anticipation for the holiday, Swapalease says that males drive American-made cars considerably more than females. While 67 percent of men drive American-made cars, the site found that just 44 […] [Read More]

The National Auto Auction Association held a mock auction on Capitol Hill to interactively educate policymakers about the wholesale auction business and the role it plays in both the auto industry and the U.S. economy. Staffers and legislative aides of the Senate Automotive Caucus joined NAAA in the Russell Senate Office Building on June 16, […] [Read More]

Less than 13 miles from Auto Remarketing’s headquarters in North Carolina, Tesla appeared to have scored at least a partial victory in the ongoing fight over its retail model. The News & Observer of Raleigh reported a bill Wednesday in the North Carolina General Assembly that the newspaper said would permit dealerships owned by companies […] [Read More]

Stephanie Alsbrooks, founder and chief executive officer of defi SOLUTIONS, has been selected as a Southwest region finalist for the EY Entrepreneur of the Year. This prestigious business recognition program honors the most innovative business leaders in the country, based on criteria of innovation, financial performance, risk and personal commitment to their businesses and communities. […] [Read More]

Wantalease.com highlighted on Thursday that there currently are 15 vehicles offered for a monthly payment of $199 or less; and three models where the monthly commitment is below $150. Boasting the lowest monthly payment on the site is the Nissan Sentra SV, which site officials pegged the obligation at $109 per month. The site calculated […] [Read More]

For this week's episode, we hit the road to Boston and talk with DealerRater general manager Jamie Oldershaw as well as Jeff Provost, vice president of development for DealerRater Canada. From their headquarters in a former watch factory, we talk about the Cars.com spin-off, the progress of DealerRater salesperson ratings and reviews, its latest parntership with […] [Read More]

Fiserv has named Manheim Louisville of Clarksville, Ind., its top performing automobile auction of 2016, in recognition of the auction’s sales effectiveness and operations last year, the company recently announced. The financial services technology solutions provider annually scores its top three auctions on overall sales effectiveness, operational excellence, sales preparation and marketing. An auction must be a […] [Read More]

In response to increasing demand, Car Keys Express has expanded its nationwide footprint to now include Alaska and Hawaii, the company recently announced. The initial rollout of service will begin in O'ahu, Hawaii, in July, followed by Anchorage, Alaska, in August. “Both Alaska and Hawaii represent untapped markets. The opportunity to provide full-service, on-site key replacement […] [Read More]