Along with a long discussion about how satisfaction with auto finance providers is significantly higher among dealers who have a preferred relationship with their lender, the J.D. Power and Associates 2012 U.S. Dealer Financing Satisfaction Study determined which finance company ranked highest for retail leasing. Taking the top spot with score of 959 and edging […] [Read More]

As a slow job growth rate, failing consumer confidence and a stalling economic recovery perhaps contributed to weaker-than-expected July auto sales, one group of OEMs bucked the trend. The America International Automobile Dealers Alliance reported that international brands “managed to gain ground during the month.” In fact, import brand sales grew by 18.9 percent in […] [Read More]

Women are the fastest growing segment of car buyers at car dealerships, spending billions of dollars annually on new and used cars, as well as car service and maintenance. They’re more confident, educated and prepared to make smart car decisions than ever before, and thanks to dealer rating websites like Women-Drivers.com, Facebook, Twitter and other […] [Read More]

More than three quarters of a million units are associated with the newest recall by Toyota Motor Sales USA, a campaign mostly for the automaker’s compact SUV, the RAV4. Officials said this week they will conduct a voluntary safety recall involving 2006 to early 2011 model-year RAV4 and 2010 model-year Lexus HS 250h vehicles sold […] [Read More]

Used-car consumer data took a big step this week as U.S. News & World Report announced the expansion of its Best Cars rankings to include some 600 used cars, SUVs and minivans from the 2009–2011 model years. Top-ranked vehicles in the study include the 2010 Nissan Versa as best used small car under $12,000; the […] [Read More]

Along with an announcement about the completion of its latest acquisition, DealerTrack revealed on Thursday that it received the endorsement from a state dealer association. Officials highlighted the Virginia Automobile Dealers Association has endorsed DealerTrack’s Sales and F&I, Inventory Management and Electronic Vehicle Registration solutions for use by Virginia dealerships. The DealerTrack solutions and services […] [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 WORTH, Texas — As more than 50 percent of total loan originations came […] [Read More]

Normal 0 false false false EN-US X-NONE X-NONE BANDON, Ore. — When CNW Research tabulated last month's used-vehicle sales figures, analysts noticed subprime borrowers accounted for more of the total. CNW discovered subprime buyers constituted 20.2 percent of sales in July versus 17.2 percent last year. Overall, last month's used-sales volume moved higher by more […] [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. — Along with an announcement about the completion of its latest […] [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;} CARMEL, Ind. — An online report indicated J.D. Byrider is on its way to […] [Read More]