Fleet management provider LeasePlan USA recently announced is expansion plans, including the addition of several employees in departments across the company. Its two newest sales professionals include Lisa Carter and Roston Willis. Carter joins the company as vice president of client relations, regional accounts while Willis takes on the role of vice president of sales, […] [Read More]

With the exception or the premium sporty cars, which traditionally see a boost in price closer to the summer months, all car segments are seeing historically expected price declines in the lanes. That said, according to the latest Black Book Market Insights report, trucks continue to “defy” seasonal patterns, holding strong retention at auction. Overall, […] [Read More]

Dealer solution provider String Automotive has announced several staffing changes, including a new chief operating offer and senior vice president of customer success.  Appointed to that role was Jessica Chaset. In this position, Chaset will be responsible for the customer-facing facets of the company, including account management, customer support, sales and marketing. “As String grows and works […] [Read More]

DealerRater is now a National Member Benefit Partner of the National Independent Automobile Dealers Association, NIADA announced this week.  In this capacity, DealerRater will aim to help NIADA dealers “connect with active, in-market consumers,” according to DealerRater’s chief executive officer, Gary Tucker. DealerRater’s suite of solutions, including CertifiedEssentials, LotShot, Resolution Advantage, ServiceEngage and ReviewBuilder, will be available to […] [Read More]

The seemingly constant record-breaking sales is certainly one way to measure the success of the certified pre-owned market, but further evidence can also be found within the traction CPO is generating online. Take Autotrader, for instance. Used-vehicle listings on its website in May climbed 4 percent from the year-ago period, while certified pre-owned listings jumped […] [Read More]

Remarketing of America recently enhanced its risk management and loss mitigation services by partnering with National Creditors Connection Inc. (NCCI) to provide field contact services for finance companies nationwide. Officials explained this new service will be fully integrated with ROA MAXX, ROA’s proprietary AssetLink technology, enabling finance companies to access these services, along with all […] [Read More]

Frank Fuzy has officially started his term as the 2015–2016 president of the National Independent Automobile Dealers Association. The co-owner of Century Motors of South Florida addressed attendees of the association’s convention last week during the National Leadership Awards Banquet on Wednesday. One of Fuzy’s big goals is boosting membership numbers, he said, noting that NIADA […] [Read More]

Dealers should expect a sharp increase in late-model used-vehicle supplies along with significant decreases in used-vehicle values over the next couple of years.                                       That’s according to the National Automobile Dealers Association, which hosted its Economic Quarterly press briefing on Monday […] [Read More]

Sporty cars have been hot models for a while now since the weather turned, but models from one brand in particular are in heavy demand and short supply. According to the May installation of Autotrader’s late-model and CPO scarcity reports, used sporty Subaru models are “hot with car shoppers, but hard to find.” Since spring […] [Read More]

Toronto-based Element Financial Corp. announced today that it is purchasing GE Capital’s remaining fleet operations in the U.S. and Mexico, and Australia and New Zealand — an all-cash deal worth $8.6 million in Canadian dollars. Element had previously acquired the Canadian operations of GE Capital’s North American fleet management business in June of 2013. “Adding […] [Read More]