A zombie is a person whose behavior or responses are wooden, automated, lacking will or creativity. The definition of a zombie skip-tracer is the person in your office who logs on to their favorite data source and clicks just to click, robotically starting with the Holy Grail search of the Social Security Number. It seems […] [Read More]

Dataium has discovered that its May Automotive Shopper Intensity Index produced the first decline since January, partly due to consumers staying in market longer than previous months and extending the buying cycle from between 30 and 45 days to 60 days. In fact, Dataium contends last month’s  seasonally adjusted annualized rate for new-vehicle sales may […] [Read More]

The National Independent Automobile Dealers Association has announced its 2012 National Quality Dealer of the Year. Receiving this honor at NIADA’s 66th Annual Convention and Expo in Las Vegas was Michael D’Andrea. The co-owner of Miracle Motor Mart in Columbus, Ohio and former Ohio State linebacker was one of 21 dealers nominated for the award, […] [Read More]

In its largest fundraising effort to date, Smail Auto Group announced Tuesday that it raised more than $60,000 in support of Troops First Foundation. As part of the group’s Smail Auto Group Cares campaign, and in honor of Memorial Day, the project featured a monetary donation for every new and used vehicle sold throughout May. […] [Read More]

Securities & Exchange Commission paperwork not only divulged AutoTrader Group’s intentions to become a publicly traded company, the necessary filing revealed what the newly formed entity that includes AutoTrader.com, Kelley Blue Book, vAuto and VinSolutions intends to do with proceeds from the selling of shares. Company executives are looking to generate $300 million through a […] [Read More]

As Black Book watched car and truck prices decrease again last week, Ricky Beggs explained a new wholesale development he coined as “if sales.” During the latest edition of his online video blog, “Beggs on the Used Car Market,” the managing editor touched on developments beyond the overall price movements he recapped later. “Some interesting […] [Read More]

Previously unavailable, AutoTrader Group’s financial performance as well as the size of its subscribing dealer network came to light as the company filed federal paperwork to become a publicly traded company. According to forms submitted to the Securities & Exchange Commission, AutoTrader generated $1.0 billion in revenues, $334.6 million of adjusted EBITDA and $68.1 million […] [Read More]

Auto Remarketing Conferences has announced that online registration for the 2012 Used Car Week series of conferences is now open. [Read More]

Primeritus Financial Services announced Monday that it has acquired The M. Davis Co., Inc., which is the California-based company that includes USA Recovery and Skip Masters. Explaining more about The M. Davis Co., officials noted that the company — located in El Dorado Hills, Calif. — is a full-service firm that offers national repossession management, […] [Read More]

Technological innovation and a commitment to environmental sustainability are key concepts within today’s auto industry, as evidenced by the announcements of two separate projects within the past week that offer the promise of enhanced personal mobility and the power of harnessed energy. On Monday, Ford officially opened its Ford Silicon Valley Lab in Palo Alto, […] [Read More]