Trending Auto Retail News
U.S. Automakers Thrive as Detroit Goes Bankrupt
According to Bloomberg, U.S. automakers thrive as Detroit goes bankrupt. The Motor City was the car capital of the world when David Cole graduated from a Detroit high school in 1955 and headed off to college to study auto engineering. Six decades later, the “motor”...
CFPB Takes Fire
According to F&I and Showroom, CFPB takes fire. It took nearly three years for the auto finance industry’s newest regulator to make its presence felt, and it did so in a big way. On June 27, the Consumer Financial Protection Bureau (CFPB) ordered U.S. Bank and its...
Auto Loan Defaults Drop to New Low in June
According to SubPrime Auto Finance News, auto loan defaults drop to a new low in June. The auto loan portion of the latest S&P/Experian Consumer Credit Default Indices dropped to the lowest level ever recorded by S&P Dow Jones Indices and Experian. In June,...
Auction Price Increases Lead by Large Vehicle Segments
According to Auto Remarketing, auction price increases are lead by large vehicle segments. Gas prices remain stable and the summer family travel season is underway, two factors that may have contributed to some larger segments showing the biggest auction price...
Pre-owned Vehicle Prices Higher than Usual
According to Used Car News, pre-owned vehicle prices are higher than usual. Used cars and light trucks continued to be in high demand through the first six months of the year resulting in prices that outperformed typical seasonal declines, especially full-size pickup...
Pickups Pose Auto Lender Growth Opportunities Next 24 Months
Black Book Lender Solutions analyzed historical vehicle segment data and has developed projected retention levels for the next 12 to 24 months. Below is the breakdown of projected retention across all 24 segments, with analysis of the segments expected to outperform...
NADA: Dealers Had Profitable 2012
The 1.7 million-unit increase in new-vehicle sales last year helped increase profitability for franchised dealers, according to NADA Data 2013 report. The industry also added to its dealer count last year, as it continued to benefit from economy’s continued recovery....
Vehicle Delivery Addressed In New Online Training Course Released By Joe Verde
Subscribers to JVTN®, Joe Verde’s virtual sales training network for the automotive industry, introduced a new specialized training course that focuses on having a more effective Delivery to help ensure customer retention and additional opportunities for customer...
6 ‘hidden’ Google tools
6 hidden Google tools, from Ragan.com. The average user heads to Google, types some characters in a text box, and hits enter. As the basic field, whether viewed within a browser toolbar or within Google’s website, remains the same, people often assume that Google...
Vehicles’ Technology Out of Sync with Drivers’ Devices
According to The Detroit News, vehicles' technology is out of sync with drivers' devices. Mechanically, the pickup is perfect. But the MyFord Touch communication and entertainment system constantly seizes up as Knox tries to make hands-free calls from his iPhone 5....
7 Critical Website Redesign Considerations You Shouldn’t Overlook
7 critical website redesign considerations you shouldn't overlook, according to Search Engine Watch. Planning a website redesign can be an extremely exciting process. You have a blank canvas to which you can easily add your own creativity and flair. It's tempting to...
Honda Makes Personalized Vines for Summer Clearance Campaign
According to Marketing Daily, Honda makes personalized Vines for summer clearance campaign. Vine has become a hot spot for marketers, including auto marketers, who are using the short-form video platform to tailor those endless-loop messages to short attention spans....
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