On Friday, Autotrader released its list of eight brands it says offer the best deals on certified pre-owned vehicles this holiday season. "CPO vehicles are perfect for qualified shoppers who don't want to spend a fortune on a new car, but who are concerned about the repair bills that can accompany used vehicles," said Brian […] [Read More]

There is, admittedly, some “unease” about the health of the new-vehicle market in 2017, Scotiabank said in an analysis. Along with somewhat disappointing third-quarter earnings from an automaker, increases in repossessions and subprime auto finance delinquencies have spurred this concern in recent weeks, the company said. But it may be misplaced, some argue. “We believe these […] [Read More]

On Friday, Copart announced plans to expand its location in Tifton, Ga. "Our Copart Tifton expansion is a great compliment to the six other locations we have in Georgia," said Jay Adair, chief executive officer of Copart. "We recently announced six other expansions and two new locations along the East Coast.” The online vehicle auction […] [Read More]

On Thursday, PureCars announced that it is a Bing Ads Select Partner, and now joins a number of other small and medium-sized business partners in the advertising industry that have demonstrated expertise in driving growth using the Bing Ads platform. “We are honored that Bing recognizes us as a valuable partner for their automotive clients,” […] [Read More]

Any time I hear the word “future,” my mind immediately goes to the “Late Night with Conan O’Brien” show’s “In the Year 2000” sketch. (And something about LaBamba chanting the sketch’s theme always cracks me up.) While I, too, am a smart-aleck with red hair, I could never be as prophetic or hilarious as Conan. […] [Read More]

When Dev Bhatia goes to pick up his children, there’s no need to lay on the horn or text back-and-forth. Dad pulls the car into the driveway and the kids automatically receive a notification on their phone. This happens through the use of connected-car technology from CalAmp, where Bhatia is senior director of product management. […] [Read More]

DealerRater announced that, on Wednesday, Cars.com began to feature its database of online consumer reviews. The integration expands the reach of DealerRater and broadens the current review platform of Cars.com. “This is the first tangible evidence of being part of the Cars.com family, and it’s a win-win for both our brands as well as the […] [Read More]

Cox Enterprises announced it elected Henry Parry-Okeden to its board of directors Thursday. The entrepreneur in the hospitality industry is also the great-grandson of James Cox, the company's founder. Parry-Okeden joins business leaders and three generations of Cox family members, Anne Cox Chambers, Jim Kennedy, Alex Taylor and Jamie Kennedy. "We are excited that Henry […] [Read More]

Beepi has merged into a new venture led by TrueCar founder Scott Painter and two former Tesla executives that will bring dealers into the fold, according to a news release provided Wednesday by public relations firm Kel & Partners. TechCrunch was first to report the news on Wednesday, indicating that Beepi had merged with the to-be-launched […] [Read More]

S&P Global Ratings said U.S. prime and subprime auto loan asset-backed securities (ABS) sector’s performance deteriorated in October compared to September and also weakened on a year-over-year basis. According to a report published this week, prime and subprime net losses increased in October, while recovery rates slipped. However, analysts explained their modified subprime index — […] [Read More]