With two of the segment’s highest-selling models going through redesigns for the 2012 model year, NADA Used Car Guide opted to take a closer look into retained values for compact luxury units. Analysts just placed used values on the 2012 version of the BMW’s 3 Series and Mercedes-Benz’s C Class for the first time and […] [Read More]

Not only is the body of franchised dealers in the U.S. expected to grow for the second straight year, these stores are likely to hit an all-time high for average new-vehicle sales per dealership, according to the latest Franchise Activity Report from Urban Science. And these record sales would then bring record profitability, the study […] [Read More]

According to a recent study from shopping site CarGurus, men may be willing to spend a bit more on the lots than female customers. The study released Tuesday suggests that “when it comes to buying a car, men tend to shop longer and spend more than women.” [Read More]

As subprime auto lending gains more steam — by as much as 20 percent in some instances — analysts from NADA Used Car Guide and Fitch Ratings explained how the latest movements are benefiting dealers and investors. When it comes to moving new metal, Jonathan Banks, executive automotive analyst with NADA Used Car Guide, recently […] [Read More]

In joining its industry brethren, Manheim locations in North America will recognize National Auto Auction Week, the campaign sponsored by the National Auto Auction Association that begins on Monday. Manheim and NAAA reiterated the week was established to increase awareness about the significant contributions made by the auto auction industry to the national economy and […] [Read More]

Automotive digital solutions company ChannelNet and iTapMenu revealed this week the two companies have partnered to bring an iPad-based “F&I menu selling to automotive showrooms.” Through a value added reseller agreement that has been established between the companies, they aim to make the F&I experience more enjoyable to consumers, as well as easier to sell […] [Read More]

Normal 0 false false false EN-US X-NONE X-NONE /* Style Definitions */ table.MsoNormalTable {mso-style-name:”Table Normal”; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-priority:99; mso-style-qformat:yes; mso-style-parent:””; mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-para-margin-top:0in; mso-para-margin-right:0in; mso-para-margin-bottom:10.0pt; mso-para-margin-left:0in; line-height:115%; mso-pagination:widow-orphan; font-size:11.0pt; font-family:”Calibri”,”sans-serif”; mso-ascii-font-family:Calibri; mso-ascii-theme-font:minor-latin; mso-fareast-font-family:”Times New Roman”; mso-fareast-theme-font:minor-fareast; mso-hansi-font-family:Calibri; mso-hansi-theme-font:minor-latin;} ATLANTA — Along with details about its investment partner as well as a senior […] [Read More]

Normal 0 false false false EN-US X-NONE X-NONE FORT WORTH, Texas — Coinciding with a private offering of senior notes that could be connected to the development, a recent acknowledgement in paperwork filed to the Securities and Exchange Commission showed General Motors Financial is showing interest in Ally Financial's international operations. The SEC document indicated […] [Read More]

Normal 0 false false false EN-US X-NONE X-NONE DETROIT and CARMEL, Ind. — Automotive digital solutions company ChannelNet and iTapMenu revealed this week the two companies have partnered to bring an iPad-based "F&I menu selling to automotive showrooms." Through a value added reseller agreement that has been established between the companies, they aim to make […] [Read More]

Normal 0 false false false EN-US X-NONE X-NONE /* Style Definitions */ table.MsoNormalTable {mso-style-name:”Table Normal”; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-priority:99; mso-style-qformat:yes; mso-style-parent:””; mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-para-margin-top:0in; mso-para-margin-right:0in; mso-para-margin-bottom:10.0pt; mso-para-margin-left:0in; line-height:115%; mso-pagination:widow-orphan; font-size:11.0pt; font-family:”Calibri”,”sans-serif”; mso-ascii-font-family:Calibri; mso-ascii-theme-font:minor-latin; mso-fareast-font-family:”Times New Roman”; mso-fareast-theme-font:minor-fareast; mso-hansi-font-family:Calibri; mso-hansi-theme-font:minor-latin;} STAMFORD, Conn. — VantageScore Solutions, the company behind the VantageScore credit scoring model, was […] [Read More]