The amount of profit that a franchised dealer pulled out of his or her used-vehicle department in 2011 was the highest it had been in four years. That’s according to data from the National Automobile Dealers Association, which indicates that the average used-car department net profit at franchised dealerships last year was $110,618. The last […] [Read More]

Along with mentioning the availability of early registration, Auto Remarketing Conferences offered more details about the opener to the National Remarketing Conference, one of the many highlights of the 2012 Used Car Week. Coming off the heels of the Re3 Conference, NRC is set to begin with an Opening Keynote Discussion titled, “2012: The Used […] [Read More]

As a good chunk of automotive analyst companies revealed their predictions for July’s new-vehicle sales, noting they expect the month’s SAAR to rise above 14 million, experts also shared just which OEMs are likely to benefit the most from this sales spike. Kelley Blue Book explained that it expects Japanese brands to lead industry grains, […] [Read More]

If a shopper steps on a dealer’s lot and is confident and educated about the car-buying process, there are likely to be fewer obstacles that the salesperson must overcome in discussing a potential purchase with the consumer. With a confident shopper who is knowledgeable about car-buying, the dealer can devote his conversation with the customer […] [Read More]

What first began as an investigation by the National Highway Traffic Safety Administration turned into a recall last week for the Ford Escape from the 2001 through 2004 models years. Officials said the Blue Oval is recalling 423,634 Escapes equipped with 3.0L V6 engines and speed control. These units manufactured from Oct. 22, 1999 through […] [Read More]

The number of fuel-efficient vehicles on U.S. highways is growing at a fast tick, according to industry analysts Baum & Associates. In fact, the company reported that the first half of this year set the record for the highest-ever fuel efficiency for new passenger vehicles entering the U.S. market.  [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;} NEW YORK — As subprime auto lending volume continues on an upward trend, both […] [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;} PHOENIX — Go Financial recently highlighted the successful launch of its indirect subprime lending […] [Read More]

Normal 0 false false false EN-US X-NONE X-NONE DEARBORN, Mich. — Ford Motor Credit is offering customers affected by Tropical Storm Debby in Florida the option to delay some vehicle payments. Officials explained Ford Motor Credit's Disaster Relief Program allows qualified customers to delay one or two monthly payments, resuming their regular payment schedules 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;} CENTREVILLE, Va. — Finding the right used car is crucial to buyers, and every […] [Read More]