With incentive spending on the rise and SAAR expected to reach the highest level seen since August 2009, TrueCar.com believes that consumers are “no longer dragging their feet” when it comes to buying a new car. "Consumers are no longer dragging their feet on new vehicle purchases as they feel the economy is moving in the […] [Read More]

J.D. Power and Associates discovered Tuesday that the proportion of vehicle shoppers who use smartphones to access automotive information on the Internet has increased by more than 40 percent from 2010.  J.D. Power’s 2011 Automotive Mobile Site Study examined the features and content of OEM-sponsored and third-party mobile websites and their usefulness in engaging shoppers […] [Read More]

Predicting the rate at which a used-model depreciates, or the collateral risk on an auto loan, can be a very difficult task. So how can lenders assess loss severity potential for their portfolios? Black Book believes it has a solution. The company is looking to help fill this void by launching a new Black Book […] [Read More]

Although eight of the 10 fastest-growing brands in terms of attracting female buyers are from the Big 3, one particular European automaker dwarfs all other brands when it comes to female ownership, according to Edmunds.com. Topping the site’s list of auto brands that have seen the largest gains in the percentage of sales that went to […] [Read More]

JMN Logistics recently revealed its choice for its new chief operating officer. Touting nearly 20 years of customer service and management experience, Cindy Darnell — former director of business development — is tapped for the position. Darnell has been with the company since 2005 and has served in positions such as auction sales representative, sales […] [Read More]

This weekend, news came out that Saab and the Chinese investors on which it had been pinning much of its hopes for reorganization and new funding are unlikely to complete their deal.The troubled automaker revealed it has ended an agreement to sell a majority stake to two Chinese companies and is rejecting their revised offer […] [Read More]

Dealers have used TV marketing for decades to bring in customers to their showrooms, and now a North Carolina television station owner is rolling out a new media technology and services company to assist stores. Capitol Broadcasting Co., which owns WRAL-TV in Raleigh, N.C., among other properties, recently launched Albright Digital, a subsidiary aiming to […] [Read More]

Ford confirmed Jim Farley, the automaker’s group vice president for global marketing, sales and service, will deliver a keynote address at this year’s BlogWorld & New Media Expo in Los Angeles, becoming the first auto industry executive to address this event. The OEM highlighted Farley will talk about how Ford is adopting more authentic and […] [Read More]

McLEAN, Va. — Despite mixed overall net income results, Capital One Financial Corp. watched its auto finance activity strengthen during the third quarter. Capital One determined its auto finance originations came in at $3.4 billion, up 17 percent from the second quarter's total of $2.91 billion. The third-quarter level also was 40 percent higher than […] [Read More]

BROOKFIELD, Wis. — As more and more consumers turn to social media in their daily lives, Fiserv believes financial institutions need to be leveraging this platform. The company recently shared some insights into how organizations can add social media to their marketing campaigns during the 2011 BAI Retail Delivery Conference. During their presentation Nicole Fields, manager of social media […] [Read More]