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;} WESTLAKE VILLAGE, Calif. — While a luxury European brand's captive finance company took several […] [Read More]

Normal 0 false false false EN-US X-NONE X-NONE IRVINE, Calif. — Despite high awareness of its benefits and what the site described as an advantageous lending climate, a CarFinance.com snapshot survey turned up few borrowers are taking advantage of auto refinancing possibilities The site dedicated to providing lending to below-prime consumers also discovered that when […] [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;} ATLANTA — In his latest look at broad economic indicators that might eventually sway […] [Read More]

There is often a great deal of excitement involved when a consumer takes ownership of a new vehicle, and many times these shoppers are ready to share their news with friends and family. With that in mind, a new company aims to help dealers leverage that enthusiasm in the form of music videos. Viral marketing […] [Read More]

As Auto Remarketing Conferences continues to put together agendas for 2012 Used Car Week, one coming together quickly is the second-ever Re3 Conference, which is scheduled for Nov. 14. Organizers recently revealed the day-long event that delves into the recovery, repossession and remarketing fields, will include an opening general session titled, “The State of the […] [Read More]

In looking back at the first half of this year, as well as the second quarter, specifically, Penske Automotive Group had double-digit revenue rises to report, along with significant growth in both new and used sales. For the second quarter of this year, revenue increased 19.2 percent to $3.4 billion, and for the first half […] [Read More]

This week, a couple of dealer groups announced new ways they are working to give back to the their communities. First up, Atlanta-based Jim Ellis Automotive said it will be sponsoring the 2012 Jim Ellis Charity Golf Tournament on August 26, at the Chateau Elan Golf Club in Braselton, Ga. The event will benefit various […] [Read More]

It was announced this week that an executive from Volkswagen Group of America has been named “Woman of the Year” by the National Association of Minority Automobile Dealers. The recipient of the award, Machelle Williams — general manager of organizational development and diversity, human resources  at VW Group of America — was selected for her […] [Read More]

In reviewing last week’s activity in the wholesale lanes, Black Book’s Ricky Beggs noticed something that had not been spotted in two months. Speaking about the 14 used-truck categories that Black Book monitors, Beggs noted that “the compact pickup trucks actually increased by $12. This is the first positive movement change in the past nine […] [Read More]

Although late-model vehicle pricing on Cars.com was down just moderately from June to July, an entry on the site’s Kicking Tires blog pointed out a few models whose asking prices dropped significantly. More specifically, the late-model car whose asking price on the site dipped the most was the Saturn Aura, according to the report written […] [Read More]