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]

WASHINGTON, D.C. — The American Bankers Association's Consumer Credit Delinquency Bulletin showed mixed trends in regard to auto-loans during the second quarter. ABA found that Q2 delinquencies for direct auto loans — contracts arranged directly through a bank — fell year-over-year from 0.91 percent to 0.88 percent. However, second-quarter delinquencies for indirect auto loans — […] [Read More]

LOS ANGELES — Another dealer management system integrated itself with RouteOne's credit application management platform. Nowcom Corp. announced earlier this week that its DMS product, DealerCenter, now has a relationship with RouteOne in an attempt to better support dealer financing needs. Dealers using DealerCenter DMS now can send a deal, including customer, inventory and structure […] [Read More]

ATLANTA — This week, Equifax launched what the credit bureau called Advanced Decisioning Attributes, a set of analytical building blocks that can enhance the ability to make predictive underwriting decisions.    Officials indicated Equifax Advanced Decisioning Attributes can deliver more than 500 tri-bureau-enabled consumer credit attributes that can be leveraged in all aspects of account lifecycle, […] [Read More]

WOBURN, Mass. — After looking at more than 20 million used cars for sale over the past year at dealerships throughout the country and weighing the prices of franchised dealers against those of independents, iSeeCars suggests their respective deals aren't that different. All told, the prices at what iSeeCars referred to as new-car dealers (i.e. […] [Read More]

Though the end of summer brought a respite from the spiking wholesale prices that dealers have suffered all year, it seems rates are on the upswing once again.   According to ScotiaBank’s Global Auto Report, Canadian used-car prices “picked up” in early October. The report also shared some factors behind the price increases, that may […] [Read More]