Continuing with his recent theme of leveraging holiday trends to move metal, Paul Potratz asked dealers if they’re marketing to people as things are happening in their lives, especially with Thanksgiving coming later this week. The chief operating officer and founder of Potratz Partners Advertising gave an example of how people likely will be traveling […] [Read More]

Del Mar Recovery Solutions recently chose RISC Vendor Compliance Reporting (VCR) database management software to monitor and maintain its third-party vendor compliance.  By choosing RISC VCR software, Del Mar Recovery Solutions explained that it now can efficiently manage its repossession agent network in order to maintain the industry’s highest compliance standard. Del Mar’s agent partners […] [Read More]

The latest models of popular pickup trucks are already at work in Texas dealerships, serving as drop spots for a holiday toy drive. Gunn Automotive Group announced this week that its dealerships have teamed up with Toys for Tots to spread cheer to children across the San Antonio area. All six stores — Gunn Acura, […] [Read More]

As part of what the company called its continuing focus to develop products that drive business results for customers, Manheim selected a new vice president of product development on Monday.   Taking on this role is Bonnie Hensler. Hensler replaces Joe George, who became senior vice president and chief strategy officer for Manheim and the AutoTrader […] [Read More]

Black Book’s Ricky Beggs is asking a question that many dealers may be pondering, as well: “What happened to the trucks?” After holding strong price retention for most of this year, last week truck segments were showing a “significant market correction, with seven segments seeing a large downfall in values,” Beggs, senior vice president and […] [Read More]

As the holiday shopping season is set to start in full force this week with Black Friday, it seems customers have a little less room to consider an auto purchase. Dataium reported a softening in its monthly Automotive Shopper Intensity (ASI) Index for October, as it decreased 1.8 percent from rates seen in September. The […] [Read More]

The National Highway Traffic Safety Administration said Hyundai and Kia both announced vehicle recalls in states where snow and ice — and materials used to treat highways in those places — are common. The largest campaign covers 79,867 units as Kia is recalling certain model year 2006 through 2012 Kia Sedona vehicles manufactured from June […] [Read More]

Evidently, U.S. lawmakers still are unclear about how the Consumer Financial Protection Bureau is going about the policing of indirect auto lending, as another Senate democrat and House republican fired more questions to the new agency. Within four days following this month’s CFPB’s Auto Finance Forum, a member of Senate Banking Committee and the House […] [Read More]

As the Thanksgiving holiday approaches, Edmunds.com turned its attention to end-of-month used-car sales projections, saying Thursday that it believes November will finish up with about 2.66 million used cars sold. This would represent a SAAR of 36.5 million. The November monthly unit sales projection would be decrease from October used-car sales of 3.04 million, but […] [Read More]

Swapalease.com executive vice president Scot Hall said he believes price trends in the lease market could get “particularly interesting” in coming months, given how lease penetration has remained in the 25-percent ballpark. And there were some rather interesting lease pricing trends spotted by Swapalease in the month of October, as well. Overall, Swapalease found that […] [Read More]