With more than 3 million active subscribers using its GPS-based vehicle telematics and Business Intelligence solutions, Spireon recently highlighted that its SkyLink solution is enabling dealerships to streamline inventory management as well as add a new finance and insurance profit center with a unique connected-vehicle service offered to buyers. According to SNS Research, connected-vehicle services […] [Read More]

Everyone, it seems, is getting in on digital car retailing. Tech startups, publicly traded dealer groups, third-party vendors, concierge services. You can add banks to that list, too. On Thursday, Chase debuted a platform that allows its customers to shop for vehicles and set up financing on their smartphone or computer, then finalize the deal […] [Read More]

Peter Welch recently walked through what previously was a lovely neighborhood in Louisiana’s state capital. Someone recording video followed Welch, the president of the National Automobile Dealers Association, as he passed by shoulder-high piles of floodwater-soaked furniture, possessions, drywall and other debris in an effort to show the devastation and subsequent need for dealers to […] [Read More]

Dogs: they’re an endearing bunch, aren’t they? Especially when they have the chance to jump in the car. An Autotrader survey released Friday — National Dog Day, by the way — found that dogs may be your wingman one minute, and have a mind of their own the next. (About a quarter of dog owners […] [Read More]

Cars.com has launched a new brand advertising campaign dubbed, “For Every Turn.” With the recent introduction of tools that cater to vehicle sellers and service seekers on the site in addition to its long-standing shopping platform, Cars.com highlighted that its new campaign focuses on how the site is a one-stop-shop, helping consumers at every turn […] [Read More]

With leasing activity continuing to intensify, a quartet of experts from Moody’s Analytics devised elaborate formulas and explanations for how to structure residual values that might help captive finance companies, other institutions that provide vehicle leasing as well as other service providers involved with remarketing. The Moody’s team introduce a new model for forecasting the […] [Read More]

Edmunds.com is forecasting 3.3 million used-car sales for the month, down from 3.4 million in July. The resulting SAAR would be 39.0 million, versus 38.9 million last month. These projections follow what Edmunds said what the best second quarter for used-car sales since 2007. There were a combined 9.80 million used cars sold in April, […] [Read More]

Federal Reserve chair Janet Yellen reiterated again on Friday that an interest-rate increase continues to be closely considered by policymakers as they watch a wide array of broad economic trends to shape their decisions. During the Fed’s annual retreat to picturesque Jackson Hole, Wyo., Yellen made a presentation titled, “Designing Resilient Monetary Policy Frameworks for […] [Read More]

GWC Warranty, a provider of used-vehicle service contracts and related finance and insurance products sold through dealers, recently announced the addition of Melissa Roberts as the new marketing manager. As a member of the marketing department, GWC explained Roberts will be responsible for developing and implementing a comprehensive customer strategy focused on engaging and retaining […] [Read More]

Buy-here, pay-here might be one of the most intimate parts of the automotive industry. Participants take some of the biggest risks and help to provide transportation to individuals who have little financial means but need a vehicle the most. For the September/October issue of BHPH Report, we’re looking to highlight executives, operators and managers who […] [Read More]