Joining the lineup at the National Remarketing Conference, which will be held Nov. 10-12 in San Diego, are remarketing and repossession experts Megan Haley, director of remarketing strategies at Fiserv, and Neal Boardman, asset remarketing manager and vice president at BB&T/Regional Acceptance. Haley and Boardman will join Howard Segal, vice president and remarketing manager at […] [Read More]

ADESA Analytical Services confirmed what dealers probably are seeing in the auction lanes — predominantly seasonal price softening in September and a gradual descent from all-time highs seen in April. According to ADESA’s monthly analysis of wholesale used-vehicle prices, September’s mark averaged $9,830 — down 1.7 percent from August and up 1 percent versus prior […] [Read More]

TrueCar.com discovered that the majority of 13 luxury brands are gaining sales traction so far this year while at the same time decreasing their incentive spending as compared with 2009. Which nameplate is leading this charge in an overall weak economy? TrueCar.com says it’s Cadillac. Site analysts calculated Cadillac has had a surge in 2010 sales […] [Read More]

Westlake Financial Services unveiled its list of third-quarter top auctions this morning, and taking the No. 1 spot on the list of the five facilities was Manheim Nevada. This marks the second time in a row it has claimed the top spot from Westlake Remarketing. Manheim Nevada was followed by Rawls Auto Auction in second and […] [Read More]

General Motors announced late last week that it’s recalling 322,409 Chevrolet Impalas from the 2009 and 2010 model years because of a possible defect associated with the seat belt. The automaker is searching for what it thinks is a small number of vehicles. The reason is the front seat belt webbing may not have been […] [Read More]

Carfax hopes a new process launched late last week can provide subscribing dealers the chance to submit a vehicle inquiry and in most cases get a resolution in just a few hours. The company explained any Carfax-subscribing dealer can initiate the research process from their account at carfaxonline.com. After logging in, dealers can click the […] [Read More]

ADESA and NADA University are teaming up for a free educational seminar this week that will tackle market trends and new mobile technology while offering some creative used-car business tactics. The second Industry Insight seminar (the first was in September at ADESA Dallas) is slated for 1 p.m. (PST) Thursday at ADESA Golden Gate. [Read More]

After a tremendous boost for the site and its advertisers spurred largely by the company advertising in last year’s game, Cars.com said today that it will once again have a marketing presence in the Super Bowl. The company plans to debut two 30-second commercials during Super Bowl XLV, which is scheduled for Feb. 6 in […] [Read More]

On Thursday, the Canadian Automotive Jury released the list of 12 vehicles that will vie to be the 2011 Best of the Best Winner. Leading the 2011 Best of Best Finalists are models from European automakers, which comprise five spots on the list. The Big 3 was represented with four vehicles, while Korean brands accounted […] [Read More]

Though wholesale prices in Canada climbed month-over-month and all segments either made gains or were steady from August, values were down on a year-over-year basis, according to the latest Canadian Market Index from OPENLANE. Specifically, the Canadian Market Index for September was 102, compared to 96 in August. Against the September 2009 level, it was […] [Read More]