SAN CLEMENTE, Calif. — Dealership CRM DealerSocket announced Tuesday it has integrated with RouteOne, so now customer and vehicle information can be pushed from DealerSocket to the RouteOne credit application network. DealerSocket highlighted that it has similar third-party relationships with several companies, including DealerTrack, vAuto, Kelly Blue Book, ADP and Reynolds and Reynolds. "DealerSocket is […] [Read More]

With the continued success and growth of e-commerce among automotive consumers, it’s becoming easier and easier for dealers to expand their inventory from the lot to the Web. Like all industries, you are only going to be as successful as you are credible, and this is magnified even more so when selling vehicles online. When […] [Read More]

On Monday, Kelley Blue Book shared the 25 most-researched used vehicles on its site over the last 30 days, and topping the list was the Honda Civic. In fact, Honda claimed the top two spots, as the Accord came in second. However, dominating the list was Ford, which led all OEMs with eight models making […] [Read More]

The next few years will likely see a modest uptick in used-vehicle depreciation rates, but thanks to factors like low supplies of late-model units — among other reasons — the projected rate is expected to be slower compared to the more dramatic depreciation witnessed in years past. That’s the word from NADA Used Car Guide, […] [Read More]

While Tropical Storm Isaac doesn’t appear to be packing the same vicious punch Hurricane Katrina did seven years ago, there are concerns about what the storm on the verge of hurricane strength might do to gas prices nationwide and vehicle sales along the Gulf Coast and beyond. Alec Gutierrez, senior market analyst of automotive insights […] [Read More]

A new partnership between HookLogic and PureCars is meant to turn qualified online leads, from shoppers looking to trade in their vehicles, into showroom visits. HookLogic and PureCars today announced the launch of this new product, called PureCars TradeHook, for subscribing dealerships. Using gift cards as an incentive, PureCars TradeHook encourages car owners to submit […] [Read More]

Recent stress tests conducted by Fitch Ratings determined the majority of AAAsf rated U.S. prime auto loan ABS outstanding classes of notes are comfortably able to withstand a hypothetical recession and material declines in used-vehicle recovery rates. Under the moderate scenario, Fitch expects all AAAsf rated notes to likely remain rated investment grade with nearly […] [Read More]

Less than a day after the definitive merger agreement was announced between Hertz Global Holdings and Dollar Thrifty Automotive Group, it had not been decided how vehicle remarketing would be handled with the two companies under one corporate umbrella. [Read More]

As pump prices moved higher again last week, Black Book’s Ricky Beggs remains confident the wholesale market isn’t about to hit a vehicle-price patch similar to what happened in 2008 when gas soared above $4 per gallon on average. Still, Beggs acknowledged gas prices continue to climb, as this past week they crept up another […] [Read More]

In a move that can help dealers generate much-needed trade-ins, AutoTrader.com’s Trade-In Marketplace will now be integrated into vAuto’s suite of inventory management tools, the companies revealed Monday. The integration was planned to enable “dealers to efficiently acquire more trade-ins and deliver a more market-transparent and customer-satisfying appraisal and purchasing process,” officials explained. Both companies […] [Read More]