Auto Retail News

A few notes on subprime loan origination and balance activity per Equifax: Subprime auto loan originations have a corresponding total balance of $7.07 billion, a 5.3% increase year-over-year. The average subprime loan amount was $18,934. This is a 5.

ATLANTA, May XX, 2019 – There’s no worse feeling than falling in love with a vehicle and later having your heart broken from sticker shock. In today’s market, the average new car costs nearly $37,000. While this figure might be alarming, consum

When my friend, Erica* took her vehicle to the dealer recently, the needed repairs were performed quickly and competently. Yet, when the CSI survey came, she rated her overall experience three stars: “just okay.” Why not five stars: “excellent�

In today’s society, time is a precious commodity. So much so that consumers make their buying decisions based on how long it takes to complete the transaction. If you had the choice between a $20 oil change that would take 4 hours to complete, or a

IRVINE, Calif., May 15, 2019 — While the average new car on the road today costs nearly $37,000, there are still plenty of vehicle options available at a more affordable price that don’t sacrifice comfort and style. The expert editors at

BURLINGTON, Vt., – May 15, 2019— Dealer.com, the premier digital marketing solution and partner for auto dealerships, today announced it has teamed up with AudioEye, Inc. (NASDAQ: AEYE), to create Empathy Day 2019. AudioEye is a leading provider

BEDFORD, TX — May 15, 2019 — Binary Automotive Solutions, a leading provider of customized programs designed to help dealerships sell more vehicles, is proud to announce Capitol City Honda of Olympia, Washington, has equipped their sales staff wi

It’s a well-known fact that Amazon is on a mission to reinvent the traditional brick-and-mortar store model. Until recently, they were mostly focused on dominating online sales. However, it is clear Amazon is now looking to expand its footprint to

Comprehensive equity mining tools pinpoint hidden vehicle sales and drive revenue for Honda dealers via personalized offers and inventory matching. CLEARWATER, FL – May 15, 2019 – AutoLoop LLC, the leading provider of auto industry sales, service