REDWOOD CITY, Calif. — Extending its efforts to help automotive lenders efficiently select agents for asset recovery, Recovery Database Network announced that members of the Recovery Industry Services Company (RISC) Compliant Agent Network (CAN) will be identified within RDN's recovery management software during the agent selection process. Officials explained RISC CAN Members will be tagged […] [Read More]

High levels of supply. That’s a term not heard in the used-car market in quite a while, but if Chrysler and Dodge minivans are hot items on your lot, you might want to take note.  According to Kelley Blue Book, dealers have been enjoying “high supply” of Chrysler and Dodge minivans at auction. As noted […] [Read More]

The Big 3 increased their share of the certified pre-owned market by nearly 4 percentage points in October, as their CPO sales climbed more than 35 percent year-over-year and edged the year-to-date sum closer to 600,000 units. That’s according to Autodata Corp., which shared a brand-by-brand breakdown of certified sales data as well as industry-wide […] [Read More]

Extending its efforts to help automotive lenders efficiently select agents for asset recovery, Recovery Database Network announced that members of the Recovery Industry Services Company (RISC) Compliant Agent Network (CAN) will be identified within RDN’s recovery management software during the agent selection process. Officials explained RISC CAN Members will be tagged with a RISC CAN […] [Read More]

Autobytel this week teamed up with SaleMove to become the exclusive provider to the industry of SaleMove’s innovative technology for enhancing communications with consumers. Officials highlighted that SaleMove’s patent-pending technology is geared to allow dealers and manufacturers to enhance the online shopping experience by interacting with consumers in real-time, using the method most comfortable to […] [Read More]

If your used inventory has several Civics, Accords, Camrys or Corollas, your store has exactly the kind of models shoppers at KBB.com most often searched for last month. Kelley Blue Book listed the Top 25 most-researched used vehicles on its website in October, and this quartet of Japanese vehicles led the way yet again. After […] [Read More]

It has been almost five years since there the vehicle population was this big. According to the latest Vehicles in Operation market analysis from Experian Automotive, there were 247.9 million cars and light trucks on the road during the second quarter. The last time the VIO figure was this high was the third quarter of […] [Read More]

Auction values are on the way down — dropping an average of 1.7 percent, or nearly $285, since late September, according to Kelley Blue Book. And it seems some of the truck segments have now boarded the seasonality train as the midsize and large utility segments saw larger-than-normal declines in prices last week. These segments […] [Read More]

American Honda and Honda Canada said they are recalling more than 360,000 minivans in the U.S. and Canada to correct a software error associated with the vehicle stability assist (VSA) system. Included in the recall are 344,000 Odyssey vehicles in the U.S. and approximately 24,600 Odyssey vehicles in Canada. For both countries, the recall covers […] [Read More]

AutoNation Inc. on Monday announced its total retail new vehicle unit sales for October 2013, noting a year-over-year increase of 9 percent, and the highest October total retail new vehicle unit sales since 2007. The sales number was 22,914, an increase of 9 percent as compared to October 2012. Same-store retail new vehicle unit sales […] [Read More]