You really can’t get away from smartphones. Go ahead. Try. You’ll see them everywhere: on the subway, at the park, in the classroom, sometimes at the dinner table. They’re also really prevalent in the car-shopping environment, including the used-car marketplace, where some two-thirds of shoppers are browsing used cars on a mobile product, according to […] [Read More]

We are in the home stretch — the fourth quarter of 2015. Where did the year go? Well, we at Auto Remarketing Canada want to know what your auctions have been up to over the course of the year that has felt like it has flown by. In order to give our readers a window […] [Read More]

Kelley Blue Book customers can now access mass vehicle valuations in real time through a self-service portal. The company said in a news release today that customers can get KBB Values and configuration data “on their own time” simply by putting the batch VIN info through a Web-based interface now available in the company's business-to-business […] [Read More]

When it comes to digital marketing and the changes it has undergone over the years, Jared Rowe boils it down to three phases. The first, he said — at least from the vantage point of the Cox Automotive Media Division he heads up — was the “inventory discovery” phase, where dealers began putting their vehicles […] [Read More]

Continuing a series about creating a strategy either to retire or at least depart from the business, Julian Codding — a member of the National Alliance of Buy-Here, Pay-Here Dealers Hall of Fame — pinpointed four main options BHPH operators could leverage. In compiling this list of four choices, Codding reiterated that he is neither […] [Read More]

With even the highest-performing dealership possibly hitting a ceiling of how fast its inventory can turn, Cox Automotive chief economist Tom Webb took the opportunity to reinforce why the certified pre-owned slice of the market is becoming even more important. Webb acknowledged metrics from the seven publicly traded dealership groups show their gross margins in […] [Read More]

Recent data and analysis from the American Bankers Association, Cox Automotive and KeyBanc Capital Markets all point toward healthy ongoing performance and a positive outlook for the auto finance market. According to results from the American Bankers Association’s Consumer Credit Delinquency Bulletin, direct auto loan delinquencies in the second quarter ticked up just 1 basis […] [Read More]

Creditors, servicers and collectors need to quickly re-evaluate their approach to how they interact with consumers in the wake of the Westlake Financial Services/Wilshire Consumer Credit consent decree with the Consumer Financial Protection Bureau.  Much like DriveTime and other scary cases these past few years, this matter serves as another illustration of the acts and […] [Read More]

The JM&A Group has renewed its agreement with Kia Motors America. Partnered since 2007, JM&A will continue to offer the Kia Distinction branded F&I products and extended warranty services. According to JM&A, 716 Kia dealers offer at least one of JM&A’s products, with more than 400 utilizing at least five of its offerings. “We are […] [Read More]

Investment observers asked Cox Automotive economist Tom Webb why wholesale prices aren’t softening, given how volume is on an upward track and likely to gain steam next year when even more off-lease units fill the lanes. Webb countered by sharing not only what’s going within showrooms, but also moves by used-car managers at both physical […] [Read More]