Chrome Data Solutions recently announced the availability of Kia, Mazda and Chrysler build data through the company's Automotive Description Service (ADS) VIN decoder. Officials indicated this is the latest addition to the company’s solution, which also includes build data from General Motors and Nissan. Chrome explained build data is information available from a vehicle manufacturer […] [Read More]

Contrary to rates seen in August — when the percent of near-term intenders planning to purchase or lease a new car within the next three months rose to 44 percent — this past month saw those numbers fall to 41 percent. If the data provided by Phoenix Marketing’s September Auto Insights report is any indicator, […] [Read More]

Prices in the lanes are predicted to continue to fall this week as seasonality has come into play. According to NADA Used Car Guide, wholesale prices are expected to decrease on average by 0.9 percent, or $125. And all segments are expected to contribute to this decline, except for one. Bucking the trend, midsize vans […] [Read More]

The increase in activity for green/hybrid category vehicles on Swapalease.com last month was higher than the gains for any other vehicle segment — and it wasn’t even close. Specifically, the year-over-year change in inventory listings on the site for the green/hybrid segment ended up being an increase of 66.7 percent, the site indicated. Next up […] [Read More]

The amount of vehicles from the 2013 model-year that entered the auction market last month climbed 24 percent, according to NADA Used Car Guide, which said this led to a slight increase in overall AuctionNet transactions for September. Specifically, the AuctionNet auction volume for 2013 model-year vehicles was at 37,095 units for the four-week period […] [Read More]

DataScan Technologies said Wednesday it has partnered with Appian to offer new business process management tools for the newly released Wholesale Management System 4.x software. With the rollout of this new WMS software, DataScan said it provides “the power, flexibility, and modern mobile and social features of the award-winning Appian Business Process Management Suite.” [Read More]

General Motors said on Wednesday that it is recalling 18,972 Chevrolet Silverado and GMC Sierra Series 1500 full-size pickup trucks from the 2014 model year in the United States. The automaker pointed out these trucks have manual front seat reclining seatbacks that might fail to meet a federal safety requirement for dynamic performance if struck […] [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]

Manheim’s Tom Webb looked to ease remarketing executives who might be anxious about how complicated their jobs could become as off-lease volume surges next year and beyond by saying this: it’s not 2002. Webb pointed to a host of reasons why the remarketing divisions of captive and commercial lessors are in much better shape to […] [Read More]

Next year could be the new-car market’s best since 2006, with the latest projections from Edmunds.com calling for 16.4 million sales — not to mention, an expected 300,000 additional lease returns that should account for roughly a third of the overall sales growth. “The average age of all light vehicles on the road climbed to […] [Read More]