Fitch Ratings recently released a new study that showed repo collateral value and recovery potential are on the rise. In the report titled, “Repo Emerges from the Shadow,” analysts indicated that based on a sample of the repo exposures of the 10 largest U.S. prime money market funds, they found several trends in repo collateral, […] [Read More]

The American International Automobile Dealers Association welcomed 2012 chairman Ray Mungenast to the helm Monday at its 42nd Annual Meeting and Luncheon while also revealing the winners of the annual achievement award named after the new chairman’s late father. Receiving this year’s David F. Mungenast Lifetime Achievement Award were Rick and Rita Case, the Fort […] [Read More]

Polk recently revealed it is providing Internet lead conversion reporting to Autobytel, working together to create what they said is a solution that defines vehicle sales conversion rates for Autobytel leads. The companies noted that the solution incorporates conversion reporting at a variety of levels. Those include OEM, vehicle segment type and those leads that […] [Read More]

AutoTrader.com declared today that it is taking co-op compliance for online advertising to “the next level” with make-based new-vehicle advertising packages, a new display advertising unit and dedicated specialists to assist dealers. With the majority of new-models buyers utilizing the Internet as their leading source during the shopping process, the company said it believes these […] [Read More]

Though used inventory may be low and high wholesale prices continue to challenge dealerships’ bottom lines all over the country, these very same dealers are remaining positive when looking forward to this new year. Inventory might be tight, but their outlook for sales tells a brighter story. As 2012 gets into full swing, sales are […] [Read More]

Dealer review website DealerRater revealed the winners of the 2012 Dealer of the Year Award Program on Sunday at the NADA Convention in Las Vegas, and receiving the honor as the overall 2012 Dealer of the Year was Beechmont Ford of Cincinnati. This rooftop is part of the Lorinn Williams Auto Group, owned and operated […] [Read More]

When the industry veteran chosen as the 2012 national TIME Dealer of the Year got a taste of the car business, he said he knew it was where he belonged. And in honoring this year’s winner, the industry makes it evident it agrees. After Auto Remarketing published the nominee profiles leading up to the NADA […] [Read More]

Wholesale values “took a turn south” last week and posted the year’s most dramatic weekly decline yet, according to Black Book’s Ricky Beggs. What’s more, the proportion of wholesale value adjustments that were positive changes was the smallest it has been in four weeks, he noted. The overall change was a decrease of $52. The […] [Read More]

It appears that the New York Giants might not have been the only ones earning an upset victory Sunday night. According to analyses of online traffic trends, the car brand that perhaps surprisingly stole the show and benefited significantly from Super Bowl advertising was Fiat. The third-quarter commercial for the Fiat 500 Abarth wasn’t as […] [Read More]

Auto Remarketing continues to follow the debate regarding whether factory-mandated image programs are worth the investment for dealers. And as many stores still question the validity of these programs, the National Automobile Dealers Association released a new study that Stephan Wade, outgoing chairman of the NADA, hopes will help restore “reason and common sense” to […] [Read More]