Paul Potratz has attended a host of auto industry conferences in Las Vegas. But during his most recent visit to Sin City, the chief operating officer and founder of Potratz Partners Advertising said he learned about something that’s missing from most organizations, especially dealerships. In his latest video in the online series, “Think Tank Tuesday,” […] [Read More]

Slightly more than half of the nearly 248 million vehicles on U.S. roads during the second quarter came from the 2000 through 2008 model years, according to Experian Automotive. This was just one of several interesting used-car tidbits tweeted by Experian during its Automotive Market Trends and Registrations webinar chat on Tuesday afternoon. The aforementioned […] [Read More]

While noticing a surge in interest for retiring Volvo, BMW models, Dataium reported a softening in its monthly Automotive Shopper Intensity (ASI) Index for September. Analysts pegged the ASI Index drop-off at 9.87 percent compared to the previous month. Dataium predicted the new-model retail SAAR for October would come in at 12.9 million units. The […] [Read More]

Swapalease.com recently learned the latest year-to-date credit approval average came in slightly lower in September than in August. Site officials said September’s reading settled at 72.7 percent, down slightly from a 74.5-percent approvals rate year-to-date in August. The average year-to-date approvals rate considered to be healthy is 70 percent, according to the company. Swapalease highlighted […] [Read More]

CallSource, a call tracking, marketing analysis and sales improvement firm, announced a new partnership this week to offer onsite and online call management and phone skills training for the company’s automotive retail clients.   CallSource is joining forces with eXtéresEDU, a division of eXtéres Corp., which will provide initial hands-on, onsite training sessions that many […] [Read More]

The National Highway Traffic Safety Administration said Mitsubishi Motors North America is recalling a little more than 10,000 units to correct a powertrain issue. Mitsubishi’s campaign covers Lancer Evolution vehicles from the 2008 through 2013 model years and manufactured from December 12, 2007, through March 5 of this year. In the affected vehicles — a […] [Read More]

FORT WORTH, Texas — As the company grew consumer loan originations by $1 billion year-over-year, General Motors Financial posted a $38 million rise in earnings during the third quarter, according to its latest financial statement released this morning. The company reported earnings of $161 million for the quarter that ended Sept. 30. That figure is […] [Read More]

SAN DIEGO — Digital Recognition Network indicated that its license-plate recognition solution determined that more than 55 percent of the assets the company finds are more than 100 miles away from where previous documentation said the vehicle should have been. Chief executive officer Chris Metaxas explained how finance companies can use that information not only […] [Read More]

NEW YORK — Politicians and consumers are voicing their displeasure about all of the trouble with the federal website for the health insurance marketplace created by the Affordable Care Act, better known in today's headlines as Obamacare. But one legal expert pointed to the efficiency of the website operated by the Consumer Financial Protection Bureau […] [Read More]

CARY, N.C. — There is no denying the sweeping changes throughout all the tentacles of the auto industry stemming from the Consumer Financial Protection Bureau's auto finance-targeted actions. But there are at least some public dealer group that say they aren't seeing any behavior changes from lenders, with F&I results actually remaining quite strong. According […] [Read More]