Potentially boosting the supply of off-rental volume down the road, Enterprise Holdings announced on Tuesday that it acquired the business of IGO CarSharing, a non-profit organization serving more than 15,000 members with more than 200 locations in more than 40 neighborhoods. Established in 2002 as a pilot program of the Center for Neighborhood Technology, officials […] [Read More]

As part of its annual Support the Troops campaign and in honor of Memorial Day, Carolina Auto Auction and its dealers have contributed funds throughout the month of May to aid soldiers injured in battle. Dealer support of the project helped CAA raise $5,000 for the Wounded Warrior Project, as part of the auction’s annual […] [Read More]

FORT WORTH, Texas — What likely is on the minds of top finance company executives isn't hard to pinpoint nowadays: Complying with an intensifying regulatory environment championed by the Consumer Financial Protection Bureau. In response, organizers of this year's NAF Association's 17th annual Non-Prime Auto Financing Conference created a day-long track of sessions focused on […] [Read More]

NEW YORK — Fitch Ratings noticed losses declined for its prime and subprime auto loan ABS indices for the third consecutive month. Analysts found the drops coincided with three consecutive monthly declines in the U.S. unemployment rate and lower jobless claims. "If these trends continue and U.S. consumers remain resolute in their auto loan payments, […] [Read More]

CARMEL, Ind. — Buy-here, pay-here dealership chain J.D. Byrider turned its 1 millionth vehicle in company history earlier this month, celebrating the milestone for the benefit of the purchaser. The retail achievement took place at the J.D. Byrider dealership located at 635 Washington St. in South Attleboro, Mass. Katelyn Wilson of Natick, Mass., ended up […] [Read More]

ATLANTA — AutoTrader.com and Experian Automotive recently entered into a partnership to allow dealers to include Experian's AutoCheck vehicle history reports with their listings on AutoTrader.com. Here's how it works. Starting in September, AutoCheck-subscribing dealers will have the option of including those reports on AutoTrader.com. In its statement announcing the deal, AutoTrader noted: "This non-exclusive […] [Read More]

In the past, we have covered, “The Three Types of Tracers,” and “The Three Types of Skips.”  Now we have to complete the circle and cover “The Three Types of Tracing.” So you ask, why all these threes? The number three is generally attributed with a meaning of completeness: A beginning, middle, an end. Birth, […] [Read More]

About 400,000 pickups — the Ford F-150 from the 2011 through 2013 model years — are being probed by the National Highway Traffic Safety Administration’s Office of Defects Investigation. Officials indicated they have received 95 reports alleging incidents of reduced engine power during hard accelerations by trucks equipped with 3.5-liter gasoline turbocharged direct injection (GTDI) […] [Read More]

It’s a part of the business that dealership managers are wringing their hands over nowadays — how to manage and maintain their online reputations. In order to get a better handle on the subject, Paul Potratz asked dealers to approach online reviews from a different angle. The chief operating officer and founder of Potratz Partners […] [Read More]

More than 40 dealerships from across the country have been named recipients of the Women’s Choice Award, presented by WomenCertified. The dealerships earned the award via customer surveys done by the company, which showed that nine out of 10 of the dealerships’ female customers would highly recommend them to family and friends for their levels […] [Read More]