SAN DIEGO — Being that the SubPrime Forum is the newest addition to Used Car Week, organizers wanted to get the event off to a great start. So handling the chores of the opening keynote address is Melinda Zabritski, director of automotive credit at Experian Automotive. Zabritski will give a presentation titled, "The SubPrime Resurgence," […] [Read More]

ATLANTA — Car sales are up; customers are back in the showroom; and cars are going over the curb. It's fun to be in the car business again. After quite a few "roll up the sleeve" years, the American car buyer is falling back in love with new cars and trucks. With intense competition and […] [Read More]

LOS ANGELES — Westlake Financial Services recently announced a new $200 million securitization jointly led by Wells Fargo and the Royal Bank of Scotland. Officials indicated the securitization closed on Sept. 25 with all bonds sold on the investor market. They also mentioned JP Morgan and Credit Suisse were co-managers on the transaction. This development […] [Read More]

CINCINNATI — Online monthly payment marketing technology provider DriveItNow announced its new Trade-in Equity Analyzer is now available as part of its pre-qualified payment quoting service. Since many vehicle sales involve a trade-in, DriveItNow said the value and the equity in these trade-ins dramatically affect the whole transaction. The company contends consumers typically are unaware […] [Read More]

When it comes to differentiating the respective tasks for which today’s online car shopper is using the PC/laptop, tablet and smartphone, there’s a big opportunity perhaps not being full maximized by  dealers. [Read More]

Porsche certainly appears to be striking quite a chord with potential buyers at NADAguides.com. According to the October edition of Guidelines from NADA Used Car Guide, the sports car brand led all badges in year-over-year gains for consumer site activity for the second consecutive month. Porsche posted a 32-percent spike in September. A month earlier, […] [Read More]

On Thursday, vAuto released a new pricing tool for its Provision mobile application aimed at giving dealers greater ease and efficiency to make market-smart used-vehicle pricing decisions. The company said the new pricing tool is available as part of vAuto’s Provision mobile application for Apple iOS and Android users (under “Provision” in the Apple iTunes […] [Read More]

What catches consumers’ eyes the most in automotive advertising? What truly affects their purchase behaviors? According to Phoenix Marketing’s September Auto Insights report, ads were the most compelling to consumers this past month when the spots focused on safety. Though speed, technology, and appearance might be some of the elements conveyed through most automotive advertising, […] [Read More]

Dent Wizard International this week announced two additions to its national sales team, representing what the company said is an expansion of services. Named as regional business development managers are Laura Sobyak, who will oversee the Midsouth region in a newly created position, and Tim South, who will oversee the West region.  In their roles, […] [Read More]

Dataium revealed a new leadership team this week, appointing two new managing directors. Joining the company is Angie Sherrell and Peter Fontaine. Sherrell has been named managing director or revenue and client development, while Fontaine has been appointed managing director of finance and operations. The pair will be working closely with co-founders Eric Brown and […] [Read More]