As dealers continue to search for turn-ready inventory, Auction Edge announced this week that auction employees can now view used-car managers' credit lines and available credit with Automotive Finance Corp. floor plans. Officials explained this enhancement can enable auction personnel to help the dealer complete their purchases and finalize the floor planning of inventory through […] [Read More]

The year’s final installment of the Auto Remarketing Training Series includes fresh sales and inventory recommendations from presenters who will be a part of the free Webinar for the first time. Used-car managers and other dealership staff members can participate in the ARTS Webinar that’s scheduled for 2 p.m. ET on Tuesday. On tap for […] [Read More]

Positioned as a tool dealers can use to leverage their presence on Facebook, Outsell — a digital marketing software-as-a-service company — on Thursday rolled out what it called a new custom audiences targeting service. The company explained the tool can allow Outsell’s customers with offline data to upload, match and create precisely tuned ad audiences […] [Read More]

From new routes to new savings programs, Allied Automotive Group and National Transport LLC each announced updates this week to the way they do business. Calling its initiative an industry first, Allied Automotive Group announced the Super-Saver Daily Specials program which offers auto shippers daily online access to numerous North American routes at reduced, all-inclusive […] [Read More]

Edmunds.com analysts discovered automaker incentives fell slightly in September as more and more 2013 models have hit the market. According to the site’s True Cost of Incentives, the industry spent $2,227 per vehicle last month, down 3.1 percent from August and down 9.3 percent from September of last year. Analysts indicated the decline ended a […] [Read More]

WASHINGTON, D.C. — The American Bankers Association's Consumer Credit Delinquency Bulletin showed mixed movements in connection with second-quarter auto loan activity. ABA determined second-quarter delinquencies associated with direct auto loans — contracts arranged directly through a commercial bank — actually rose from 0.86 percent to 0.92 percent year-over-year. Meanwhile, the association found that second-quarter delinquencies […] [Read More]

HOUSTON — Dealers and finance professionals interested in gaining more guidance about being successful in the buy-here, pay-here industry now can register for a day pass if they cannot attend the entire East Coast NABD BHPH Conference. The National Alliance of Buy-Here Pay-Here Dealers explained that the cost to attend the first or last day […] [Read More]

LAKE SUCCESS, N.Y., and FARMINGTON HILLS, Mich. — DealerTrack Holdings and RouteOne today announced that they have settled patent infringement litigation that DealerTrack commenced against RouteOne in 2004.  Under the terms of the settlement, DealerTrack and RouteOne will file a stipulation of dismissal today with Judge Andrew Guilford of the U.S. District Court for the […] [Read More]

ALEXANDRIA, Va. — The American Bankruptcy Institute spotted a 14-percent decrease in total bankruptcies through the first nine months of the year as compared to the same span a year ago. Citing data from Epiq Systems, ABI indicated total bankruptcy filings came in at 921,219 nationwide during the first nine months of the year. Through […] [Read More]

The National Auto Auction Association has honored two industry veterans for their accomplishments and service, presenting one with the Industry Pioneer Award and the other with the 2012 Bernie Hart Memorial Auctioneer Award. The award presentations were made this week during the NAAA’s 64th annual conference held in Orlando. Recognized with the NAAA’s Industry Pioneer […] [Read More]