TrueCar shared three statistics, in particular, that may offer some perspective on just how much momentum is building in the certified pre-owned business. First, the 2.6 million CPO sales the firm forecasts for 2015 is larger than its projection for new pickup truck sales (2.3 million) and new premium/exotic vehicles (2.1 million). Second, the supply of certified vehicles was at […] [Read More]

As the sun sets on this year's Masters Tournament and a new champion dons the green jacket, there remains four certified pre-owned vehicles on Autotrader's list of the top 10 vehicles for golf lovers that can be enjoyed for many seasons to come.  Every year, shortly before the tournament begins, the company releases a list, based […] [Read More]

Officials from masterQueue, powered by Intellaegis, recently teamed up with Whitepages Pro to deliver a specialized offer to the collections and skip-tracing industries. Starting now, users can integrate Whitepages Pro’s identity data into the following three offerings from masterQueue, including: — Contact management program — ATDS compliant dialing system — Skip-tracing solutions The company explained […] [Read More]

The concentrated effort by the National Independent Automobile Dealers Association and its allies in Oregon paid immediate dividends. Less than a week after NIADA shared an update about a proposal in the Oregon legislature aimed at placing severe restrictions on the state’s buy-here, pay-here dealers, the measure is officially off lawmakers’ agenda following a massive […] [Read More]

The average franchised dealer generated more than $15 million in sales from the used-car department last year, and more than two-fifths of the used cars those dealers combined to sell arrived at the stores through new-car trade-ins. That’s according to NADA Data 2014, which is the National Automobile Dealers Association’s annual look at the financial […] [Read More]

CarLotz, a Virginia-based used-vehicle consignment business serving the sale-by-owner and corporate vehicle and motorcycle markets, recently announced the grand opening of its newest consignment and retail store. Coming on as the fifth location for the company is a facility at 5055 Virginia Beach Blvd. in Virginia Beach. “We opened our first Hampton Roads store on […] [Read More]

Manheim Nevada will host the 2015 World Automobile Auctioneers Championship (WAAC) on Friday, showcasing more than 100 contestants competing in the categories of best auctioneer, best ring person and best two-person team, in addition to $25,000 in prize money. “The level of talent on display during this competition is unparalleled,” said Janet Barnard, president of […] [Read More]

While also giving a projection of how many total filings there might be this year, the American Bankruptcy Institute reported total U.S. bankruptcy filings fell 15 percent in the first quarter compared to the same span last year. According to data provided by Epiq Systems, bankruptcy filings totaled 205,705 in Q1, off by 15 percent […] [Read More]

Auto marketing and CRM solution provider AutoLoop announced today that it is adding DealAlert, a real-time deal management app, to its lifecycle marketing suite. The app delivers up-to-the-minute deal info to a dealer’s phone within seconds of a request. “We’re very excited to add this unique tool to our already powerful software suite,” said Steven […] [Read More]

Consumer car dealer review site DealerRater announced the findings of its 2015 Consumer Rating Index. Based on nearly 416,000 reviews taken between March 2014 and March of this year, the company ranked manufacturers, on a dealership level, based on a five-point scale. Ranking first among the mass market brands was Subaru, with a score of 4.757 […] [Read More]