Beepi announced Wednesday that its used-car leasing program has officially gone live and is now available in each of the company’s 16 markets. That includes Houston, which Beepi added to its roster this week.  As reported earlier, Beepi is offering the leases through the Ally Pre-owned SmartLease product launched in late March. “Beepi is all about […] [Read More]

Of the nine car segments that Black Book tracks, luxury cars showed the greatest price decline last week. Their dip in prices (0.55 percent) was more than twice the overall percentage decline for the nine car segments (0.22 percent). In a recap of the Black Book Market Insights reports, Black Book poses this question, which […] [Read More]

It didn’t take long for the auction business to capture Kay Hudson’s attention. “After my first auction sale, I was hooked: the pace, sale day excitement, the energy,” Hudson said. “It was incredible and I wanted to do more.” To say Hudson did more would be an incredible understatement. Having worked 13 years with a […] [Read More]

It seems like everywhere you turn, there is an immense amount of conversation and pressure to drop your current dealer marketing strategy and throw all your eggs into a new basket, such as direct marketing, social or mobile. These “wave of the future” strategies have promise, and there’s even some decent ROI associated with each. […] [Read More]

When Auto Remarketing asked Susan Hughes a series of questions about her industry experiences, the senior lender solutions manager at Black Book mentioned three different people for a variety of different reasons. Hughes first mentioned Jeannie Chiaromonte, who heads up remarketing at Bank of America and is a past Women in Remarketing honoree. Hughes summarized a […] [Read More]

Martha Garcia-Perry is an observer of her environment. The behavior is part of one of her favorite non-automotive activities — hiking and mountain climbing — and it also sparked her interest in what has turned into a productive career in automotive logistics. “While in college, I toured both the Chrysler Jeep Assembly Plant in Detroit […] [Read More]

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]