In a recent entry on his Velocity 2.0 blog, vAuto founder and chairman Dale Pollak employed what he calls a well-known car business adage — “popcorn cars” — and took it a step further to stress the importance in each of the various “ingredients” to strong used-vehicle sales. He explained that just as one must […] [Read More]

Online auto shopping activity aggregator Dataium revealed on Monday its Auto Shopper Intensity Index for January, which remained on the upswing in the midst of robust auto sales. On an individual vehicle basis, the used vehicle with the strongest ASI was the Honda Accord, while the BMW 328 was tops on the new-car side. Overall, […] [Read More]

Toyota Motor Sales finally settled the issue about what do you call more than one Prius. In a campaign started last month during the North American International Auto Show in Detroit, Toyota declared the plural form of its hybrid unit now is Prii. The automaker explained the general public came to the consensus of Prii […] [Read More]

With vehicle histories being extremely important to the transparency of the used-vehicle market, AIM Mobile Inspections says it can help make sure that used models are in good condition before being purchased by dealers or consumers. As vital and helpful as used-vehicle history reports can be, they can only reflect the information that has been […] [Read More]

Jeep now has a lot of friends — on Facebook. Along with receiving another regional award for one of its models, brand officials recently learned they’ve reached and surpassed 1 million fans on Facebook, claiming to be the first domestic brand to accomplish this achievement. In collecting more than 1 million fans on its Facebook […] [Read More]

BENTONVILLE, Ark. — Along with opening the 104th rooftop in its network, America's Car-Mart posted a mix of quarter-over-quarter gains as well as improvements through nine months of its fiscal year in a variety of balance sheet segments, including net income, revenue and retail units sales. Looking first at just the most recent quarter, Car-Mart noted […] [Read More]

DALLAS and MONTREAL — Vehicle Acceptance Corp., a buy-here, pay-here dealership payment stream lender, recently expanded its relationship with iMETRIK Automotive Solutions by joining the company's recently launched Pay Share program.  Executives explained Pay Share can allow a dealer to obtain a full featured GPS payment device, including starter interrupt, payment reminder and integrated back […] [Read More]

BANDON, Ore — CNW Research president Art Spinella believes that when it comes to online financing, "the jury is still out." Why? Spinella indicated dealers continue to hold the high ground when it comes to rates and ease of getting approved for a vehicle loan. To back up this assertion, CNW went to the 2010 […] [Read More]

NEW YORK — Any way one could view the latest S&P/Experian Consumer Credit Default Indices, the readings showed positive movements based on data through January of this year. Auto loans were among the types of credit contracts that made strong month-over-month and year-over-year improvements. Compiled by Standard & Poor's and Experian, the comprehensive measure of changes […] [Read More]

Brasher’s Salt Lake Auto Auction recently revealed that it has been picked as a regional remarketing partner for Subaru of America. The auction — which will be the remarketing partner for factory vehicles in the Intermountain West region — has scheduled March 1 to be the first Subaru closed factory sale. “We are very pleased […] [Read More]