A problem the executive director of Time Finance Adjusters believes many hard-working, reputable repossession agencies are facing nowadays is becoming more evident as the economy slowly struggles to right itself. During a gathering of veteran agents, Ron Brown shared that he “was very surprised that many guys did not know what they’re daily expenses were […] [Read More]

Big pickup inventories have apparently been piling up on dealer lots, and analysts are beginning to fear that automakers, domestics in particular, will be forced to ramp up incentives if demand doesn’t return, according to a recent report. Apparently, General Motors is gaining attention because its Chevrolet Silverado and GMC Sierra full-size trucks stood at […] [Read More]

Along with rolling out a new iPhone app, AutoTrader.com discovered because of the steady decline in gas prices throughout June, American consumers are showing signs they want to shift their focus back to trucks and SUVs. AutoTrader.com’s June Trend Engine Report showed trucks and SUVs have gained consumer interest since May and that interest in […] [Read More]

The CarMark Certified Pre-Owned program, the industry’s most comprehensive independent pre-owned vehicle certification program, is pleased to announce that three new dealers — in California, Minnesota and Wisconsin — have joined its ranks and are gearing up to offer CarMark Certified pre-owned vehicles to their customers. [Read More]

Extended warranties have become an increasingly integral part of the auto business, as they not only serve to protect car owners and foster greater buyer confidence, they can add another selling point for dealers and bring more value to a vehicle. But — like with any business — there can be bad apples that abuse […] [Read More]

With gas prices slowing down a bit, there isn’t the same rush to snatch up small cars like there was earlier in 2011, but shoppers are still gas-price-conscious when considering larger vehicles, according to recent analysis from TrueCar. The firm indicated that based on June’s new-vehicle sales, the month’s TrueMPG — the company’s measure of […] [Read More]

Fuji Heavy Industries — maker of Subaru vehicles — recently outlined an aggressive five-year management plan in hopes of ratcheting up North American sales to 380,000 units annually. Should the automaker hit that target in North America, officials contend that mark will ensure further growth by achieving an annual sales volume of 1 million vehicles […] [Read More]

As gas prices continue to fall, dealers might see demand for mid-size trucks and SUVS make a comeback, according to LeaseTrader.com’s latest findings. After springtime highs came in at around $4 per gallon and devastated these very same market segments, the almost 50 cent per gallon drop since May seems to have had just the […] [Read More]

CarProof announced its new director of corporate accounts earlier this week, appointing a former Manheim and ADESA executive to the role. Named to the position is Steve Macaluso, who comes to CarProof after serving as general manager of Manheim Toronto. In his new role, Macaluso will be asked to build and bolster CarProof’s business relationships […] [Read More]

Canada’s new-vehicle sales in June climbed more than 6 percent year-over-year, and while automakers continue to struggle in the midst of production challenges, several companies posted record sales for the month. Overall, there were 164,796 new units sold in Canada, up 6.6 percent from June 2010, according to the Market Snapshot provided by DesRosiers Automotive […] [Read More]