The first quarter marked the first year-over-year decline in NADA Used Car Guide’s measure of used-vehicle prices in about seven years. And if this keeps up, used values will fall on an annual basis for the first time since 2008. NADA Used Car Guide said in a news release accompanying its monthly Guidelines report that […] [Read More]

In less than 15 years, Angelica Jeffreys ascended from working part-time as a greeter at a large multi-franchise auto mall while still a college student to being the manager of sales and operations for what was one of the largest Honda stores in New England. “I realized very quickly that with a little hustle and a […] [Read More]

Fitch Ratings insisted that March’s drop in delinquencies connected with U.S. subprime auto ABS — after hitting a 20-year high in February — represents a “reprieve” that is “not likely to last.” According to in the firm’s latest monthly index results, delinquencies on U.S. subprime auto ABS decreased to 4.15 percent in March reporting from […] [Read More]

It’s a September evening at Epcot in Florida. In a virtual reality theater, of sorts, park patrons sit in what can best be described as large ski lifts. The IMAX screen in front of them displays rolling video of California landmarks, as the contraption moves to reflect what is being shown on the screen and […] [Read More]

There’s a seemingly ironic sign in the lobby of McGeorge Toyota. “This could be the last time you ever set foot in our showroom,” the sign reads. No, the dealership is not shying away from repeat business. Nor is it trying to keep customers out. Quite the contrary. In fact, the store — located in […] [Read More]

Many of us have a specific car or truck that when we see one, we get nostalgic. For Mandi Fang, that vehicle is a Chevrolet S10. To paraphrase the Kenny Chesney song, she goes back to summers in college working at a General Motors plant in Moraine, Ohio. “I worked on the assembly line and […] [Read More]

Mary Churchill looks at her more than 40 years in the industry — which began in 1975 with a job at what was then known as GMAC (now Ally) — in two pieces. The initial portion centered on auto finance, with the latter focusing on remarketing. “I review my career in two parts:  the first […] [Read More]

Granted, the auction business was a “culture shock” when she first joined, said Rachel Ballard, one of this year's Women in Remarketing honorees. But after only a week in the business, she knew it was for her and said she “can’t imagine doing anything else.”   The auction business is fast-paced, changing all the time and […] [Read More]

Some of Nancy Fitzgerald’s earliest memories upon entering the automotive industry include a Daewoo and a first job where the tasks included just about everything under the sun. Fitzgerald — who is now as president and chief executive officer of iLendingDIRECT — began her automotive career when she and her late husband, Patrick, opened a […] [Read More]

Kelley Blue Book launched two all-new integrated marketing campaigns on Monday aimed at both franchised and independent dealerships as well as informing consumers about how much information and experience the company has to help buyers through the vehicle selection and purchase experience. With more than nine decades of experience to leverage, Kelley Blue Book insisted […] [Read More]