NEW YORK — While down year-over-year, Chase revealed this week that auto loan originations were up by about 5 percent quarter-over-quarter. For the third quarter, Chase reported that auto originations came in at $6.1 billion, down 12 percent from the prior year, but up 5 percent from the previous quarter. Auto originations were $5.8 billion in the […] [Read More]

Although asking prices for the most popular used vehicles tended to trend upward in September, the same could not be said for the certified pre-owned segment, according to AutoTrader.com. In fact, most models that made AutoTrader.com’s list of the most popular certified rides had smaller asking prices than they did in September 2009. Before this point, […] [Read More]

Edmunds.com now has an iPhone app that allows consumer to complete a wide array of car-shopping tasks while they are on the go, including learning and saving information about dealerships, among several other functions. “It’s hard to imagine a more powerful tool to have on hand at the car dealership, given that the app makes […] [Read More]

About a month after rolling out a version for the iPhone, NADAguides.com now has a platform available for all smartphone users, including Android and BlackBerry. Shoppers now can use their mobile access to build, price and research new and used vehicles anywhere in a matter of minutes. NADAguides.com emphasized that it’s responding to growing demand […] [Read More]

The Pre-Owned Automobile Dealers Alliance recently announced that another Partner has come on board. The 10th Alliance Partner is AutoTrader.com, a leading online marketplace for buying and selling new, certified and used vehicles. AutoTrader.com will join other POADA Partners, which include Manheim.com, Ally Financial, EasyCare, DealerTrack, CDMdata, Carfax, RouteOne, Black Book and Kelley Blue Book in […] [Read More]

The Regulatory Affairs Committee of the National Automobile Dealers Association updated members this week about deadlines for compliance with spill prevention, control and countermeasure rules for oil established by the U.S. Environmental Protection Agency. The SPCC rules amended in 2008 provide dealerships with regulatory relief by creating a category of Tier 1 qualified facilities. Service […] [Read More]

CUDL recently revealed that it has struck a deal with PAR North America to provide credit union members with a slew of asset recovery solutions. Among the PAR solutions that CUDL’s credit union partners now have at their disposal are repossession, skip trace and title services. Officials said CUDL has similar deals with GE Capital and […] [Read More]

The Pre-Owned Automobile Dealers Alliance recently announced that AutoTrader.com, a leading online marketplace for buying and selling new, certified and used cars, has joined the Alliance as a Partner. AutoTrader.com will join other POADA Partners Manheim.com, Ally Financial, EasyCare, DealerTrack, CDMdata, CARFAX, RouteOne, Black Book and Kelley Blue Book in connecting with and providing value […] [Read More]

Hyundai Motor America said Tuesday that Dave Zuchowski has a new role with the automaker. The executive, who has been with the company since 2007, is now serving as executive vice president of sales. In this position, his duties include heading up Hyundai Motor America’s sales, sales operations, market representation and field operations functions, as well as […] [Read More]

To better capture the “voice of the customer," J.D. Power and Associates plans to establish what it’s calling the J.D. PowerPanel. Executives said the J.D. PowerPanel is scheduled to launch during the fourth quarter. They contend this group will enhance the company’s existing survey-based customer satisfaction and product quality research by expanding the demographic and geographic range […] [Read More]