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;} CARMEL, Ind. — During the second quarter, Automotive Finance Corp.'s loan transactions climbed 16 […] [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;} FORT LAUDERDALE, Fla. — AutoUSA Internet Sales Solutions recently introduced Payment Pro powered by […] [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;} DALLAS — After establishing lending relationships with AutoTrader.com and Cars.com in the past three […] [Read More]

The average price gap between a new car and a comparable one-year-old vehicle these days is less than 12 percent, according to Kelley Blue Book, which has found that for some models, the difference in price is less than 1 percent. More specifically, in its list of 10 New Vehicles to Buy New Rather Than […] [Read More]

A new F&I product from GSFS Group is meant to boost long-term profits for dealers by driving direct traffic to their service departments. GSFS Group recently announced the launch of its SecureNet Maintenance Plus, a reinsurable maintenance plan, which the company said is designed to drive traffic to a dealership’s service department, increasing profits and […] [Read More]

According to the newest RDN Monthly Analytics Update, June recovery volumes increased 2 percentage points from May levels while June recovery orders also moved 2 percentage points higher from the previous month. RDN reiterated its Recovery Volume Trend Summary provides a rolling 29-month summary of the volume of recoveries and orders in the U.S. Officials […] [Read More]

ADP Dealer Services this morning launched a new retail service workflow solution — ADP ServiceEdge — to its automotive clients in the United States. Company officials explained ADP ServiceEdge was launched in response to key trends emerging in the automotive industry, and specifically in the dealership service area. Those factors include: —While vehicle sales are […] [Read More]

The companies you will find listed here  are the major players in the used-car and remarketing worlds. Some are well-known pillars of the business; others are just getting their feet wet, but they are nonetheless making waves. These companies have each made the list for different reasons, but they all have made a significant impact […] [Read More]

Black Book watched wholesale vehicle price adjustments that merited an increase constitute 19 percent of all changes editors made last week; a level Ricky Beggs indicated was the highest in the past four weeks and the second highest in the past nine weeks. “This past week has presented some amazing insights and situations within the […] [Read More]

As the company kept its performance expectations for the remainder of the year unchanged, KAR Auction Services announced Monday that its second-quarter adjusted EBITDA decreased 3 percent. A 3-percent jump in revenue wasn’t enough to produce a gain as KAR indicated its second-quarter adjusted EBITDA settled at $128.1 million, down from the year-ago level of […] [Read More]