Manheim on Tuesday announced it is teaming up with Alliance Inspection Management to enhance its vehicle inspection capabilities at auction sites and dealerships throughout the U.S. More than ever, dealers are relying on inspection reports to aid the sales process and make buying decisions. Last year, Manheim conducted 3.5 million vehicle inspections, and the company […] [Read More]

Tony Hughes and Michael Vogan of Moody’s Analytics proposed what some finance company executives might consider an outside-the-box idea to help their customers who are stretching contract terms as long as possible in order to keep monthly payments affordable and then running into costly vehicle repairs. Hughes and Vogan discussed their plan within a white […] [Read More]

The XLerate Group announced Monday afternoon that it has purchased the Grand Rapids Auto Auction. “With the addition of GRAA, XLerate continues to execute on its plan to grow our business and its service offering by acquiring quality independent sales.  GRAA is highly respected and will be a phenomenal complement to XLerate’s Greater Kalamazoo Auto […] [Read More]

Dealertrack announced on Monday that its Online Registration System solution has received the exclusive endorsement of the Automotive Dealers Association of Indiana (ADAI).  Dealertrack’s automated solution can allow a dealer to process title and registration transactions at the dealership in real-time, boosting efficiency and increasing client satisfaction. The ADAI is recommending the Dealertrack product as […] [Read More]

Your customer has either paid or is still paying for his or her vehicle, but now has to think about the cost of repairing it. With pothole season upon us — and the threat of damage to a number of a car’s systems should you happen to meet up with one — the RepairPal Institute has compiled lists […] [Read More]

When a car shopper had a hybrid or electric vehicle trade-in last year, it would be put toward buying another hybrid or EV 38.5 percent of the time, says Edmunds.com. This year, just 27.5 percent are going toward another hybrid/EV. But perhaps what’s more head-scratching is this: Hybrid/EV trade-ins are more likely to go toward […] [Read More]

NADA Used Car Guide gave SubPrime Auto Finance News an exclusive look at its latest white paper that examines a new way of financing in light of lengthening terms and deeper negative equity positions. During a conversation on Monday, executive analyst Jonathan Banks explained what NADA UCG found in terms of how much negative equity […] [Read More]

GWC Warranty recently hired Tom Blackwell as its new area vice president of training. The company highlighted that Blackwell will lead the development and implementation of innovative training programs for GWC Dealer Consultants, providing them with the tools and resources to further improve the customer service the GWC sales team already provides. In doing so, […] [Read More]

With so much buzz lately on used lease options, consumers naturally want to know if their monthly payments on a used vehicle will be significantly lower than for a new one. To give consumers a glimpse into deals that are out there, Swapalease.com recently compared new versus used monthly lease payments on two popular GMC trucks.  The […] [Read More]

Sheehy Auto Stores' 19th annual Sheehy 7000 sales event to benefit the American Heart Association will start Friday and run to July 5. "We are proud to once again partner with the American Heart Association through fundraising efforts and events to make a difference in the communities we service,” Vince Sheehy, president, said in a […] [Read More]