ONTARIO, Calif. — CUDL recently completed dealer management system integration of its lending system with Open Dealer Exchange along with its parent companies' DMS from ADP and Reynolds and Reynolds. As a result of the integration, officials highlighted CUDL now can offer direct credit application integration for ADP and Reynolds users from the dealer's DMS […] [Read More]

WILKES-BARRE, Pa. — GWC Warranty, a marketer, administrator and underwriter of vehicle service contracts, has been named Motor Trend Recommended Best Buy for independent Dealers. Officials pointed out GWC Warranty is the only vehicle service contract provider to be named a Motor Trend Recommended Best Buy for independent stores. To be awarded this designation, the […] [Read More]

With leasing volume rising, prices on those monthly lease contracts are moving upward, too, potentially boosting the equity left in those vehicles. Swapalease.com reported that average lease prices increased 2.1 percent year-over-year based on listings entering the market during August. The site found that prices on leases averaged $590.38, up from $578.06 at the end […] [Read More]

Edmunds.com on Thursday unveiled its 17 Best Used Cars for 2013, which hail from nine different brands and represent some of the most popular vehicles on the road. Leading the list with four vehicles each are Honda and Toyota, followed by Ford with three vehicles that earned the accolade. “There are a lot of popular […] [Read More]

One of the prominent focuses of the Obama Administration has been its efforts to increase fuel efficiency and work on reducing the carbon footprint. These efforts have now turned toward the used-car market once again, following the 2009 Cash for Clunkers program. The U.S. Energy Department and the Environmental Protection Agency released Thursday a new […] [Read More]

The adjustments in trade-in values for cars and trucks in September’s Official Used Car Guide were fairly typical to recent editions, according to the latest Guidelines report from NADA Used Car Guide. However, despite the value decreases being “predominantly mild overall,” a few segments were found to have had a steeper downhill slide. One was […] [Read More]

Most dealers now accept that the Internet is today’s prevailing mode of discovery for new- and used-vehicle buyers. The sharper dealers have taken this recognition a step further, addressing what’s been termed a “disconnect” as vehicle buyers visit dealerships. For example, the sales associates at these dealerships don’t really consider customers as “fresh ups.” The […] [Read More]

Auto Remarketing is hosting a free webinar with one of our frequent contributors, Patrick McMullen, the vice president of MAXSystems. McMullen plans to share four key takeaways during his presentation titled, “Winning in the Age of Gen Y,” which is set for Tuesday at 2 p.m. ET. He explained attendees will learn more about four […] [Read More]

The country’s largest minority-owned auto franchise just got bigger, with the addition of a Toyota dealership in the Lone Star State. RML Automotive, which is headquartered in Little Rock, Ark., announced this week its acquisition of Toyota of Lewisville in Lewisville, Texas. The 74,000-square-foot, state-of-the-art facility was previously owned by Rene Isip and currently employs […] [Read More]

WASHINGTON, D.C. — Is it easier for the U.S. to unleash a military strike in the Middle East than it is to counter a decision issued by the Consumer Financial Protection Bureau? The chairman of the U.S. House Financial Services Committee thinks that scenario just might be true. During a committee hearing in which the […] [Read More]