About a year ago, GM Financial restructured internal management to strengthen its AmeriCredit division — the original piece General Motors acquired almost seven years ago. Since that point, GM Financial has since become the captive for the parent automaker. However, AmeriCredit remains a crucial cog in GM Financial’s operation, remaining as it has since its […] [Read More]

Both Enterprise Car Sales and Auto Financial Group (AFG) recently highlighted how much success they’re having with credit unions. Enterprise Car Sales said it generated a record $575 million in financing volume to more than 31,000 credit union members during 2016. The 2016 amount represents a 15-percent increase from the previous year. Meanwhile since September, […] [Read More]

Canadian Black Book has added a new wrinkle this year to its 10th annual Best Retained Value Awards, which were announced Tuesday. The company is now honoring overall brand winners, in addition to the individual model honorees. Taking the inaugural Overall Brand Award for Cars is Subaru, with Toyota taking Truck/SUV honors and Porsche earning […] [Read More]

An exceptional CPO buying experience could just be what some consumers need to seriously consider the new option next time around. For our Best CPO Dealers issue, Auto Remarketing asked some of the top Kia dealers in the CPO space how they provide a “like-new” experience to certified pre-owned customers. “For us providing a like new […] [Read More]

There was more than 3.1 million off-lease units hitting the market last year, according to Manheim, and that number is only expected to rise in coming years.  With certified pre-owned being a popular channel for these off-lease units to call home — and with leasing being especially popular with luxury brands — Auto Remarketing asked […] [Read More]

A certified pre-owned vehicle purchase can be the first luxury buy many consumers make who’d like to test the waters before buying new. As part of our Best CPO Dealers issue of Auto Remarketing — we asked top-selling dealers in the Infiniti CPO program how certified pre-owned has helped them get aspirational luxury buyers into […] [Read More]

When it comes to lease search activity in the fourth quarter, Hyundai and Subaru showed the most growth, according to Swapalease.com, with GMC highlighting activity for the domestics. Searches for Hyundai on the car lease marketplace website were up 25 percent from the third quarter, while Subaru’s traffic was up 15 percent. GMC, with a […] [Read More]

As the upbeat atmosphere in the lanes continued, two trends caught the attention of Black Book editors last week. The latest Black Book Market Insights report indicated luxury segments are seeing increased depreciation so far in 2017, and compact cars are feeling the run-up to the spring selling season with stronger-than-average retention since the beginning […] [Read More]

A recently released autoTRADER.ca survey suggests steering clear of car-sharing services, taxis and even public transit this Valentine’s Day. Ninety-two percent of Canadians say they find it appealing when their date shows up driving their own car, according to the website’s online survey — Revving Up for Romance — which examines the role of the automobile […] [Read More]

Group 1 Automotive announced on Monday it expanded its board of directors to 10 directors following the appointment of Carin Barth, president of LB Capital, a private equity investment firm she co-founded in 1988. "It is exciting to add Carin to our Board,” Group 1 Automotive chief executive officer Earl Hesterberg said in a news […] [Read More]