Black Book announced today that one of its executives will expand his role to also oversee the company’s lender solutions division to replace Jeff Bunch who left the company earlier this year. Taking on this challenge is Jared Kalfus, Black Book’s vice president of data licensing. The company insisted the appointment of Kalfus, a leading […] [Read More]

A wide array of firms and analysts dissect trends and more about how consumers use their mobile devices to find the vehicle they eventually end up purchasing. The popularity of mobile devices prompted on-demand payment processing technology provider BillingTree to look at how those same individuals could stay engaged through the duration of their financing […] [Read More]

After any recession, the level of subprime consumers is bound to grow. And interestingly, this trend, on top of a few other market factors, has created a “perfect storm” of sorts for the expansion of indirect financing on subprime auto loans in Canada.   Michael Rothe, director of legal services at the Ontario Motor Vehicle […] [Read More]

Social media: how important is it really? Auto Remarketing Canada chatted with Roger Dunbar, vice president of marketing at TRADER Corp., to get the skinny. You might be surprised at some of his responses, which include contending that social media should not be at the forefront of dealership marketing efforts. Dunbar also offers his top […] [Read More]

Following a few months on the downward tilt, average monthly payments for leases on the road climbed last month, but this increase doesn’t appear to have put a damper on the popularity of leasing, says Swapalease.com. In an analysis released Tuesday, the site indicated that the average monthly lease payment in February for cars on […] [Read More]

A trio of automakers — import and domestic — stood out in the 10th annual Vincentric Best Value Awards, which were announced Tuesday. Toyota, Audi and Chevrolet earned awards for Best Value Passenger Car Brand, Best Value Luxury Brand and Best Value Truck Brand, respectively. Honda, Ford, and Lexus also put up a strong showing, […] [Read More]

Company growth and a quest for an amenity-filled workspace for employees have resulted in the opening of a new headquarters for Haystak Digital Marketing, which offers products and services for the automotive industry. The company announced completion of the refurbishment of a 15,000-square-foot site in downtown Fort Myers, Fla., in the landmark McCrory Building near […] [Read More]

Winter was tough this year, even for residents of New York who are accustomed to heavy snows. But one ServNet auction demonstrated its “snowhow” in overcoming the weather to record new sales records. "We have been in the auction business since 1981, but 2014 will go down in history as perhaps the toughest winter we […] [Read More]

Used-vehicle sales this month are likely to be north of 3.4 million, says TrueCar.com, which released its monthly new- and used-car projections on Monday. Specifically, TrueCar is forecasting an estimated 3.437 million used sales for March with a projected new-to-used ratio of 1:2.3. The firm is calling for 1.478 million new-vehicle sales (including fleet sales) […] [Read More]

Seasonality normally plays a role in luxury vehicles losing a bit of their value and demand come winter, but for those who were looking for inventory in the high-end range this past month, the vehicles may have been hard to come by. Luxury vehicles swept the national scarcity charts in February, according to the latest […] [Read More]