S&P Dow Jones Indices and Experian discovered auto loan defaults dropped 9 basis points in April to settle at its lowest level since June of last year. Analysts reported as a part of the S&P/Experian Consumer Credit Default Indices that the auto loan reading came in at 0.94 percent. The composite index — a comprehensive […] [Read More]

The newest analyst video from White Clarke Group shows the global asset and auto finance market is looking positive, despite political and economic tensions. White Clark Group explained the global leasing industry started 2015 with positive expectations that remain undaunted, “despite political and fiscal tensions casting long shadows.” In the U.S., analysts mentioned that finance […] [Read More]

In announcing its purchase of Dealix and Autotegrity last week, Autobytel said it plans to grow the used-car side of its business.  So, Auto Remarketing reached out to Autobytel’s president and chief executive officer, Jeff Coats, to find out more about why the company saw a need to expand its presence in the pre-owned space. “The used-car […] [Read More]

Shoppers are turning more and more to the Web and their mobile devices for car shopping. In fact, according to Autotrader’s Car Buyer of the Future Study, 42 percent of new and used shoppers are now using multiple devices, a combination of items such as their desktops, laptops, tablets and cell phones to shop for […] [Read More]

In light of the severe weather impacting the Lone Star State during the past several days, National Automotive Finance Association executive director Jack Tracey offered an update on the organization’s Non-Prime Auto Financing Conference, which begins on Wednesday afternoon in Plano, Texas.  Tracey indicated in an email message on Monday morning that weather conditions will not […] [Read More]

Next month, DrivingSales, which provides educational resources and performance data for dealers, will be bringing its automotive expertise to Canada. The DrivingSales Canadian Dealer Forum is scheduled for June 22 and June 23 at the Hyatt Regency Calgary. Auto Remarketing Canada is a media sponsor of the upcoming Calgary event, which is laser-focused on dealers […] [Read More]

Tim Ryan has worked for dealerships that have sold as few as 60 to 70 used cars a month, and he has worked at stores selling as many as 400 or 500 used units each month. But the demand for pre-owned cars in Columbus, Ohio — home of Bob Caldwell Chrysler Jeep Dodge Ram, where […] [Read More]

ACA International, the association of credit and collection professionals, recapped that members of the U.S. House Subcommittee on Communications and Technology pushed ahead seven bills designed to improve transparency and consumer access to the Federal Communications Commission’s decision-making process. The measures advanced after a hearing last week. Subcommittee Chairman U.S. Rep. Greg Walden (R-Ore.) said […] [Read More]

The Automotive Service Association (ASA) is collaborating with the automotive service industry on measuring the usage of OEM service information websites used by independent service shops. To help compile data, ASA is asking dealers to participate in a short 10 question survey. “There are 10 simple questions that will require only a few minutes of […] [Read More]

Red Herring recently announced its Top 100 Short-list for North America, highlighting who it believes to be the most-promising private technology companies from the continent for the year. Several automotive-related companies are represented on the list, including Digital Air Strike, ActivEngage and Netsertive. Alex Vieux, the publisher and chief executive officer of Red Herring, commented […] [Read More]