Enterprise Holdings, which operates the Enterprise Rent-A-Car, National Car Rental and Alamo Rent A Car brands, has announced 16 auto auction houses as winners in its annual Auction Achievement Awards. The awards are given for outstanding performance in the areas of strategic planning, communication, operational success, customer service, marketing and reconditioning. “Our auto remarketing strategies […] [Read More]

After being ousted from the top spot of most talked about automotive brand online by Chevrolet in August, Ford regained the lead in online discussions this past month. According to the September Social Buzz Report from  Phoenix Marketing International’s Automotive Practice, the Blue Oval was talked about 867,308 times last month. Following closely behind was […] [Read More]

In a move the company said will usher in a “seasoned team of resources” to oversee expansion, EvCarCo Inc. this week appointed six people to its management team and board of directors. Named chief executive officer by EvCarCo is Edwin McKnight, a global entrepreneur for more than 35 years. His previous work includes renewable energy […] [Read More]

The Ontario Motor Vehicle Industry Council is warning consumers and the industry about a new trend among unlicensed dealers — also known as curbsiders. Though traditionally these dealers have targeted customers with smaller pocketbooks with the promise of inexpensive vehicles, now it seems they are changing their tactics. OMVIC warned the industry to be wary […] [Read More]

NEW YORK — After the auto loan portion of the S&P/Experian Consumer Credit Default Indices dropped to the lowest level ever recorded by S&P Dow Jones Indices and Experian in June, the reading now has inched up three months in a row. The auto loan default rate reported for September was 1.15 percent, up from […] [Read More]

CARY, N.C. — As multiple captive finance companies make special considerations for furloughed federal workers, the ongoing turmoil on Capitol Hill over the government shutdown and debt ceiling appears to be having a pronounced impact on potential sales. Kelley Blue Book Market Intelligence found that one in four visitors to KBB.com who are looking to […] [Read More]

CINCINNATI — Swapalease.com reported on Tuesday that average vehicle lease prices declined 2.0 percent year-over-year based on listings entering the market during September. The site determined prices on leases averaged $582.02 in September, down from $593.66 in September of last year. These prices compare to an average of $578.06 recorded during August. Swapalease.com discovered Ford's […] [Read More]

McLEAN, Va. and DETROIT — Capital One Financial Corp. and General Motors extended their relationship that can help consumers earn rewards toward the purchase or lease of a vehicle. The companies along with MasterCard announced a multi-year extension of their co-brand card partnership and the launch of the new GM Card from Capital One. The […] [Read More]

Auto Remarketing announced this morning its first-ever National Remarketing Executive of the Year, presented by ServNet, and earning this inaugural distinction is Dan Kennedy, manager of GM Remarketing. [Read More]

Throughout 2013, dealers at auction have seen full-size truck prices spike, while alternative energy vehicles have consistently softened throughout the year.  Now the two segments sit at opposite ends of the spectrum… [Read More]