CARY, N.C. — The leading story this past week at AutoRemarketing.com shared details about plans by Wells Fargo Financial to restructure and what that could mean for its auto loan business. Readers also wanted to know more about ADP's anticipated acquisition of Cobalt. The top five stories from AutoRemarketing.com this week are: 1. Wells Fargo Financial […] [Read More]

LEXINGTON, Ky. — Social media events that drive traffic back to your website can often be very lucrative, as can social media events that make you an authority, thought leader, or trusted member of your community. Those that are hazardous often misuse the intention of social media to score a quick buck. The intention of social media […] [Read More]

CARLSBAD, Calif. — Bender Enterprises, makers of the handheld barcode VIN scanner, VINtrack-Live, touted its effectiveness while recently working with Mexican authorities. The device was recently used by law enforcement at a checkpoint along the California-Mexico border resulted in the recovery of a vehicle stolen almost a year ago. Three suspects were arrested while driving a […] [Read More]

DETROIT — Dealers with a customer who is an extreme Chevrolet Corvette enthusiast and knows how to get around a garage might have the perfect buying option. For purchasers who want to be personally involved in creating their Corvette, Chevrolet's new Corvette Engine Build Experience can allow them to enjoy what the program name indicates. General […] [Read More]

IRVINE, Calif. — For most of the year, used-vehicle prices have been on the upswing, but their rise has started to diminish, and one Kelley Blue Book analyst, in particular, said this could mean that the used market has hit "a point of equilibrium." In the latest Blue Book Market Report, KBB director of vehicle valuation […] [Read More]

SANTA MONICA, Calif. — Because the one-year anniversary of General Motors' emergence from bankruptcy arrived last Saturday, Edmunds.com analysts are pondering the automaker's strategy behind a push toward an initial public offering for its new stock. The site recognizes the progress GM has been made but questions the rush to have an IPO. "This is certainly not […] [Read More]

GAINESVILLE, Ga. — In discussing a wholesale market that has been relatively steady with perhaps a few areas of some higher bidding and buying, Black Book's Ricky Beggs honed in on what he called the "most active" segments of the market during the latter part of last week.  Specifically, he indicated that more than two-thirds of the adjustments […] [Read More]

IRVINE, Calif., and LANHAM, Md. — Autobytel and the National Association of Minority Automobile Dealers reached an exclusive, wide-ranging marketing alliance this week, one that officials stress is meant to help member dealers sell more vehicles. Autobytel and NAMAD explained the flagship program of the alliance is a customized consumer purchase request program. The program is […] [Read More]

INDIANAPOLIS — Autobase, a division of Dominion Dealer Solutions that provides customer relationship management services for dealers, said that product installations during the second quarter reached an all-time high of 261 deployments. June was particularly strong, as the company said it brought in a new dealership during each business day of the month. "This just proves […] [Read More]

BROWNSTOWN TOWNSHIP, Mich. — Mirroring what automakers hand out for powertrain warranties on conventional models, General Motors shared specifics Wednesday about what it guarantees for the battery of the Chevrolet Volt electric vehicle. The warranty associated with the Volt's advanced, lithium-ion battery will be a standard, eight-year/100,000-mile warranty. GM believes it's the industry's longest, most comprehensive […] [Read More]