Auto Remarketing will be running its semiannual Spotlight on Commercial Consignors in our March 15 print publication, but with some important changes to how the listings are being compiled. If you are a commercial consignor and would like your company included in this FREE listing, you must provide all of the following to Auto Remarketing by Feb. 26 — even if you have […] [Read More]

Gas prices are low, and shoppers in 2015 turned more and more to SUVs and trucks for their next vehicle purchases. Consequently, the electric-vehicle market hasn’t made the headway in terms of market share that many were expecting. That said, the tides could be turning — and let’s face it, gas prices will most likely […] [Read More]

Penske Automotive Group released its fourth-quarter and full-year financial results on Thursday, claiming 2015 as the most profitable year in company history. This was powered, in part, by an 8.98-percent year-over-year increase in total global used-vehicle sales, which reached 198,459 units. This contributed to the group’s increase in total automotive retail units of 11.9 percent compared to 2014. Excluding foreign […] [Read More]

As the industry gears up for the early-spring selling season, depreciation is slowing down, per historical trends. According to the latest Guidelines report from NADA Used Car Guide, wholesale vehicles prices were flat in January, falling by only 0.1 percent from December. That said, while the change was slight, January’s decline was slightly worse than […] [Read More]

It’s that time of year again – Auto Remarketing is now officially accepting nominations for the Women in Remarketing Class of 2016. Don't miss the opportunity to honor the exceptional women of the remarketing industry, who drive businesses such as auctions, consignors, dealerships, captive finance companies and more. Do you work with a female colleague […] [Read More]

A recent TransUnion survey found that three in four lenders said it is increasingly difficult to find and acquire new customers. Meanwhile, nearly 75 percent of respondents acknowledged they are challenged by a continued low interest rate environment, which is spurring more competition for a pool of consumers who receive multiple credit offers. Analysts explained […] [Read More]

Continuing a three-decade relationship of supporting the auto financing endeavors of its credit union partners, Enterprise Car Sales calculated that it generated close to $500 million in loan volume to nearly 28,000 credit union members during 2015. Officials highlighted recent reports that show credit unions are steadily gaining market share in auto financing. They added […] [Read More]

Finance and insurance product provider Wise F&I integrated with Dealertrack Technologies this week in an effort to provide dealerships real-time access to Wise F&I products for price quotes and the electronic contracting of aftermarket products through the Dealertrack Aftermarket Network. Through the Dealertrack Aftermarket Network, officials explained the F&I sales and submission processes are all […] [Read More]

Carleton Lending Solutions, a provider of compliant loan calculation and document generation software, recently rolled out its next generation suite of tools, including CarletonCalcs, CarletonDocs, CarletonAccess and CarletonAudit.  Carleton highlighted that its solutions incorporate the latest upgrades to the firm’s LoanSmart Solutions that have been adopted by major lending software providers for more than 20 […] [Read More]

There are over 47 million vehicles in the United States that have at least one unrepaired safety recall. That’s according to a recent analysis from Carfax, who pointed out that these 47 million vehicles are being driven, bought and sold, or sitting on a lot somewhere in our country, either because there’s not a fix […] [Read More]