In what might be encouraging news for some dealers, Moody’s Analytics projected that used-vehicle prices not only will continue to soften, but the decrease will extend at least through the middle of 2014. However, the firm doesn’t expect used-model prices to dip as low as what dealers experienced during the recession. Instead, Moody’s anticipates a […] [Read More]

Following second-quarter growth of 1.4 percent, used-vehicle sales will likely show similar improvement in July, according to CNW Research. Based on the first 20 days of the month, the firm is projecting 4.54 million used sales for July, which would be a 1-percent hike from the used sales of July 2011 that narrowly missed the […] [Read More]

It hasn’t happened since April: auction values for affordable small cars climbing. But that’s exactly what Kelley Blue Book observed recently. Thanks to a modest increase in price at the pump, used vehicles such as the Honda Fit, Smart fortwo, Suzuki SX4, Volkswagen Jetta TDI, Kia Rio and Honda Insight posted $100 to $600 price […] [Read More]

Today’s dealer is often a business-savvy one, says CorePointe Insurance Co. president and chief executive officer Jim Haan. And that sophisticated approach includes how they protect their businesses, property and inventory from whatever harm may come their way. The leader of what was formerly known as Chrysler Insurance Co. shared with Auto Remarketing his thoughts […] [Read More]

Boston-area Paine Auto Auction will make its debut next week, opening the doors to a five-lane facility with the capacity for 1,200 units. With Sean Paine as president and chief executive officer, the auction’s leadership will also include a former president of the National Auto Auction Association. Serving as chief financial officer is Gregory Kobel, […] [Read More]

Last week, Auto Data Direct added Arizona motor vehicle records to its DMV123 program for qualified companies, raising the number of states the company has database access to 27. ADD recapped that its Web-based system is available to companies who need access to accurate, real-time motor vehicle records to complete business transactions.  Whether for a […] [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. — Continuing a run of positive news in connection with auto […] [Read More]

Normal 0 false false false EN-US X-NONE X-NONE McLEAN, Va., and COLUMBUS, Ohio — As Huntington Bank posted the largest amount of auto loan originations in company history, Capital One extended its string of higher origination volume during the second quarter. Capital One's origination volume climbed for the fourth quarter in a row, coming in […] [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;} DETROIT — Heading to a mix of shareholders and the U.S. Department of the […] [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;} LAKE SUCCESS, N.Y. — DealerTrack announced last week that it is acquiring the Web-based […] [Read More]