It was another solid month of certified pre-owned sales for import automakers, as Asian brands increased their CPO business by 9 percent, and European brand sales were up nearly 14 percent, according to Autodata Corp. More specifically, Asian brands moved 83,337 CPO units in February (up 9 percent year-over-year), and they have sold 162,408 certified […] [Read More]

In an effort to sharpen the debt-collection process, ACA International’s research department dissected 14,328 complaints received by the Consumer Financial Protection Bureau during a nine-month span and found five similar conclusions to a previous endeavor conducted last November. The latest analysis stemmed from data collected between July of last year and February of this year […] [Read More]

The Big 3 increased their certified pre-owned sales by more than 21 percent in February, pulling in 65,323 CPO sales and lifting their market share to 36.5 percent for the month, according to Autodata Corp. In February 2013, domestics sold 53,799 certified vehicles and commanded 34.3 percent of the CPO market. Year-to-date sales for the […] [Read More]

General Motors already has a list of demands from the National Highway Traffic Safety Administration about its recent recall for discounted models with faulty ignitions. Soon, both the automaker and the regulator will be compelled to answer questions on Capitol Hill. U.S. House Energy and Commerce Committee chairman Rep. Fred Upton, a Republican from Michigan, […] [Read More]

Haystak Digital Marketing shared more details about its all-new website platform — HAYSTAK KORE360 — a platform the company created in-house using leading-edge technology and data from thousands of top performing dealer websites.  The company highlighted on Monday that HAYSTAK KORE360 is built for the ever-changing needs of shoppers who demand instant access to information […] [Read More]

Dent Wizard International recently announced it has chosen a  new regional business development manager from within its ranks. Eric Walker, who has been with the company for more than a decade, has been chosen for the position. His role will cover the states of North Carolina, South Carolina, Tennessee, Kentucky and Southern Virginia.  “Eric’s promotion […] [Read More]

Winter has thrown a few hard punches this year, cutting down on selling days and shoppers on the lots, due to inclement weather.  In turn, this has led to unusually high inventory levels at dealerships. Now, automakers and dealers are ramping up incentives and discounts in an effort to make way for spring inventory —  […] [Read More]

Here is one of a few notions about leasing that Edmunds.com chief economist Lacey Plache dispels in a recent analysis: it’s just for luxury vehicles. Plache discusses the “mainstream” movement by the leasing market in recent years in a recent post to the website and in doing so, sheds a new light on what many […] [Read More]

When Chrysler Group notifies approximately 18,700 owners of certain Jeep Grand Cherokee and Dodge Durango SUVs from the 2012 and 2013 model years about a recall announced last week, the automaker will have to follow a new protocol established by the National Highway Traffic Safety Administration. NHTSA explained that all OEMs now must use a […] [Read More]

Vehicle leasing and fleet management solutions provider LeasePlan USA has announced a new addition to its sales team, for an expanded focus on the Pacific Northwest region. Named as vice president sales, national accounts for the Pacific Northwest region is Michelle Eads, who brings 17 years of professional sales experience to the role. Eads has […] [Read More]