Not only was the third quarter the strongest quarter ever for the certified pre-owned market, the period’s final month saw two brands notching all-time sales records. According to Autodata Corp., both Mazda and Porsche achieved their respective strongest months ever for certified sales, September or otherwise, as Mazda moved 2,811 units and Porsche sold 871 […] [Read More]

Due to higher-than-expected registration numbers for the Used Car Week conferences, and projected record-breaking attendance, The Phoenician resort has sold out of rooms for the entire week of the conferences. However, conference organizers have established an alternate hotel option nearby for those who still need to make room reservations, and have negotiated an even lower […] [Read More]

One of the primary findings from a case study based on data collaboration between Autobytel and Polk indicated that dealers and automakers should place even more emphasis on their certified pre-owned and used programs when following up on online consumer leads. Why? Autobytel and Polk found that nearly 46 percent of consumers who planned to […] [Read More]

Experian Automotive said Thursday that BMW of North America has named it as a provider of vehicle history reports for its BMW certified pre-owned and MINI NEXT programs. BMW and MINI dealers certifying vehicles with an AutoCheck report may extend to customers Experian Automotive’s buyback protection, which safeguards against major hidden title brands on AutoCheck […] [Read More]

Transportation coatings company PPG Industries this week released its annual automotive color popularity and trend data and found a repeat winner. Still ranking as globe’s most popular color choice for cars is white. That being said, based on 2012 automotive build data PPG forecasts that the overall use of color is on the rise. According […] [Read More]

DrivingSales tapped a veteran executive who has been on its advisory board since 2009 to be its president and chief operating officer. On Thursday, the company revealed that former Dealer.com executive Kevin Root will take on these roles for DrivingSales, a rapidly growing business intelligence and performance improvement company on a mission to deliver insights […] [Read More]

The National Independent Automobile Dealers Association recently named its choice for the 2012 Auto Auction of the Year award. Announced as the honoree by NIADA was Brasher’s Northwest Auto Auction of Eugene, Ore., in a ceremony held during the National Auto Auction Association Convention held in Orlando, Fla., last week. Steve Jordan, NIADA chief operating officer, […] [Read More]

WASHINGTON, D.C. — Auto lending has proven to be solid throughout much of the country over the past six weeks, according to the latest Beige Book report from the Federal Reserve, which indicated a modest increase for overall lending (auto or otherwise) since late August. Reports from several of the 12 Federal Reserve Districts pointed […] [Read More]

FORT WORTH, Texas — This week, Loan Portfolio Servicing — sister company of the newly rebranded Caprock Auto Remarketing — started its full-scale launch as a national third-party servicer of subprime automotive loans. LPS president Scott France highlighted the company specializes in helping start-up finance companies and those with small- to mid-sized portfolios. "When the […] [Read More]

HAUPPAUGE, N.Y. — Management from cuautocoupon — a program geared to help drive more business to credit unions and dealerships — recently announced the signing of six credit unions to its growing California network. The largest of the new additions is Kinecta Federal Credit Union, an operation based in Manhattan Beach, Calif., with a $3.25 […] [Read More]