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;} SACRAMENTO and SAN JOSE, Calif. — Regulation to significantly oversee buy-here, pay-here dealers in […] [Read More]

FORT WORTH, Texas — Evidently the auto finance industry isn't the top target of the Consumer Financial Protection Bureau just yet. CFPB assistant director Richard Hackett said during his keynote presentation Thursday during the National Automotive Finance Association's 16th annual conference that mortgages, payday loans and student loans are the current supervisory priorities. Hackett indicated […] [Read More]

TALLAHASSEE, Fla. — Another state's database has been added to Auto Data Direct's system that offers real-time motor vehicle records. Broadening the access to dealers and other parties, the company revealed this week that with the addition of Minnesota's motor vehicle records, it now offers real-time access to 26 state databases for qualified companies.  Dealers […] [Read More]

WESTLAKE VILLAGE, Calif. — While dealers in Canada are becoming more and more satisfied with the country's overall financing business, J.D. Power and Associates has found that the strides made in the subprime retail credit segment stand out above the rest of the lending business. Recently releasing its 2012 Canadian Dealer Financing Satisfaction Study, J.D. […] [Read More]

J.D. Power and Associates recently released its 2012 Canadian Dealer Financing Satisfaction Study and highlighted one lender that took two of the lending categories included in the report. The study looked at Canadian dealer satisfaction in retail leasing services, prime retail credit service, subprime retail credit services and floor planning services, and found that Mercedes-Benz […] [Read More]

When it comes to the intrinsic value of a brand selling vehicles in the Canadian auction space, one mainstream brand, in particular, stands head and shoulders above its competitors, according to ALG Canada. [Read More]

Two major players in the Canadian used-car marketplace have announced a new partnership meant to increase transparency in the industry by providing real-time vehicle data for dealers and buyers. Effective Friday, ADESA Canada and CarProof will partner to offer CarProof reports on the majority of dealer, public and local fleet vehicles consigned at auction, on […] [Read More]

As NADA Used Car Guide predicted earlier this week that used-car prices would slide for the first time this year come June, it seems AuctionNet trends are following suit. Once again, nearly all the wholesale vehicle segments NADA tracks are expected to experience declines over the course of the current week. The exception?  The luxury […] [Read More]

ALG discovered Ford and Hyundai generated the highest level of improvement in perception of quality among all automakers during the last five years. According to ALG’s 2012 Perceived Quality Study released today, Ford’s perception of quality has improved nearly 37 percent since 2008 while Hyundai’s perception of quality has increased by 25 percent during that […] [Read More]

Including what was the strongest Memorial Day weekend for the market in six years, May’s used-vehicle sales total is expected to hit 4.27 million units, CNW Research president Art Spinella shared with Auto Remarketing on Tuesday. That sum would best CNW’s projection earlier this month, when it forecasted May’s used sales to reach 4.19 million […] [Read More]