On the heels of positive developments in connection with June’s new-car sales totals, the newest Ad-ology Auto Shoppers Forecast showed 36 percent of U.S. consumers plan to purchase a new vehicle during the next 12 months. Analysts contend that reading is a 64-percent increase from May of last year. “Stability in the U.S. economy is […] [Read More]

Automotive solutions provider VIN Viper revealed late last week that dealers and customers who use its iPhone, Android and desktop platforms will now have access to vehicle history reports — an offering that may prove particularly useful, following some new California regulation laws on the books. The company announced it has integrated National Motor Vehicle […] [Read More]

Recovery Database Network recently announced the launch of two-factor authentication for users of RDN’s specialized software platform linking auto lending institutions with recovery companies. Although RDN’s current login system requires an ID, password and separate security code, officials explained that adding two-factor authentication provides a substantial increase in user account security for both auto lenders […] [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;} HOUSTON — Buy-here, pay-here was founded on the concept of customers paying directly at […] [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;} SAN DIEGO — Vehicle financing website Autoloans.com recently unveiled a new layout in time […] [Read More]

Normal 0 false false false EN-US X-NONE X-NONE SOUTHFIELD, Mich. — Credit Acceptance Corp. recently revealed the final results of its tender offer, which expired on June 29. Officials explained they commenced the tender offer back on June 1 to purchase up to 1 million shares of their outstanding common stock at a price of […] [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;} WASHINGTON, D.C. — For dealers who might use the phrase "up to" in connection […] [Read More]

The certified pre-owned market closed the opening half of 2012 with the second strongest month of all time for CPO sales, according to Autodata Corp. Not to mention, June capped what was the second-strongest quarter on record, as quarterly CPO sales reached 462,116 units for a 3-percent year-over-year gain, the firm said Thursday afternoon. [Read More]

TrueCar confirmed to Auto Remarketing late Thursday afternoon that it has changed the three-year exclusive partnership it signed with Yahoo Autos last year. In a TrueCar/Yahoo statement, officials said TrueCar adjusted the deal between the two companies, making it a “non-exclusive, performance-based auto listings and content relationship.” [Read More]

In this installment of the Used-Car Market Intelligence Report series, Auto Remarketing tackles one of the more pressing industry concerns in recent years: used-vehicle supply (or often lack, thereof). While signs appear to be pointed in the right direction for dealers, finding enough used vehicles to fill their lots still can be a challenge. [Read More]