When it comes to buying expensive commodities like cars, the “dissonance” factor is incredibly high. After all, it is a costly purchase, and nobody wants to go wrong when closing the deal. According to the recent 2014 US Women Car Buying Report, women are becoming the most powerful and largest segment of car buyers, presenting a […] [Read More]

As MBSi Capital rolled out enhanced availability of its mobile application, the company also decided to supplement the reward program offered by Primeritus Financial Services. Launched earlier this year, Primeritus’ quarterly reward program will honor its top-performing agency partners in regard to their peers based on both compliance and success. Every quarter, the Primeritus program […] [Read More]

Hyundai Auto Canada Corp. announced late Monday that after 28 years with the company its president and chief executive officer Steve Kelleher will retire on April 30. Kelleher has been serving in this capacity since 2002. Replacing Kelleher on May 1 will be chief operating officer Donald Romano. Commenting on his time with the company […] [Read More]

Tax season ends today with the IRS tax filing deadline, and most likely, so will many seasonal price hikes in the lanes. Black Book picked out five car segments, in particular, that are expected to see significant near-term price declines. Every dealer is familiar with what the February through April time frame means: thousands of […] [Read More]

Barrett-Jackson posted the strongest sales results in the history of its auctions in Palm Beach, Fla., this past weekend. Officials highlighted that Ford and General Motors partnered with Barrett-Jackson to bring unique vehicles to the auction. Barrett-Jackson chairman and chief executive officer Craig Jackson noted on Monday that consignments reached a new high, the caliber […] [Read More]

On Monday, Kelley Blue Book rolled out easier access to KBB values and configuration data for new vehicles by vehicle identification number (VIN), in addition to information already available by VIN for used vehicles within its suite of business-to-business solutions.  Using the new-vehicle VIN decoding feature within Kelley Blue Book's products, the company said that […] [Read More]

In light of the Dodge brand’s “Double-Up” program announced Monday, Kelley Blue Book shared some analysis from Eric Ibara, its director of residual value consulting, about what sort of impact this move could have both in terms of marketing as well as future auction volumes and values. First, the basics of the offer. Chrysler Group […] [Read More]

If last week’s price movement is any indicator, spikes in wholesale prices may finally be slowing down as Tuesday marks the IRS tax filing deadline. Wholesale prices rose 6 percent in March on a monthly basis and 4 percent from the same period last year, averaging $10,429, according to ADESA Analytical Services’ data. But rates […] [Read More]

Last week, Dealertrack Technologies revealed plans to maintain its corporate headquarters on Long Island and has signed a lease to move into a newly constructed corporate office building in the nearby village of North Hills. Officials shared they hope to populate the new facility consisting of 233,000 square feet in early 2016. The new environmentally-friendly, […] [Read More]

The Association of Finance & Insurance Professionals recently announced the adoption of professional designations to recognize individuals who have earned AFIP certification. AFIP executive director David Robertson explained the designations reflect the association’s three-tiered continuing education curriculum. The titles of certified professional in financial services (CPFS), senior certified professional in financial services (SPFS) and master […] [Read More]