Dealers must streamline the in-dealership car-buying experience and change to allow web-savvy consumers to complete one or more steps of the purchase process online, according to Cox Automotive’s “Future of Digital Retail Study.” The study was released Jan. 14 as part of a press briefing just prior to the opening of the North American International Auto […] [Read More]

The calendar year might have increased by one digit, but the analyst team at Wantalease.com is seeing that prices on most of today’s popular vehicle leases are holding steady in January. Compared to December, site analysts determined that 33 different vehicles maintained their prices. Wantalease.com noticed only one vehicle is currently offered for less than […] [Read More]

General Motors Co. recently received the IHS Markit Loyalty Awards program's top distinction at Automotive News World Congress. The annual awards are now in their 22nd year and recognize winners in more than 30 categories for loyalty leadership. With a loyalty rate of 69.1 percent, the American manufacturer took home the evening’s top award – Overall Loyalty to Manufacturer. […] [Read More]

Auto Remarketing parent company Cherokee Media Group has adjusted its editorial team lineup for 2018, as the company continues to build on the foundation of its industry publication and conferences. Joe Overby and Nick Zulovich — senior editors of the automotive and auto finance publications at Cherokee Media Group — will continue in their editorial […] [Read More]

A free resource to help dealerships manage their compliance responsibilities is now available. Dealertrack recently released its 2018 Compliance Guide, which outlines the changes and updates in compliance that will affect dealers in 2018. Now in its 13th year, the Compliance Guide is a leading resource on current trends and best practices in F&I compliance. […] [Read More]

If you’re in the auto industry, you may have already seen this Autotrader statistic cited in a Fair whitepaper. But it bears repeating, given how illuminating it is. Seventeen of 4,002 consumers surveyed for Autotrader’s 2015 “Car Buyer of the Future” study would rather keep the auto sales process status quo. “And as more smartphone-wielding […] [Read More]

Runzheimer, a business vehicle technology and solutions provider, combed through more than a half dozen sources — including Manheim, Edmunds, IHS Markit and the National Automobile Dealers Association — to compile its Vehicle Capital Costs Trend Report. Firm analysts cautioned fleet managers and other auxiliary service providers that new-vehicle prices in the U.S. have risen […] [Read More]

Ally Financial is hoping a TV show personality helps the company’s education endeavors. This week, Ally Financial announced that it will team up with Danny Koker, star of the History Channel show “Counting Cars,” to launch a new trivia game aimed at promoting financial awareness during this year’s North American International Auto Show (NAIAS) in […] [Read More]

Mike Darrow will become the president of ALG on Monday, as current president and TrueCar co-founder Mike Nguyen is leaving the company on Nov. 1. In a news release Friday morning, ALG — which is a subsidiary of TrueCar — said Nguyen will remain with the company as a strategic advisor until he leaves. Nguyen co-founded […] [Read More]

As plush as showrooms can be sometimes, consumers often do not want to spend hours finalizing vehicle delivery, so Chase and AutoFi are collaborating to help dealers. On Thursday, Chase announced a partnership with AutoFi, a financial technology company that helps customers select and finance vehicles through their dealers’ website and reduce the time it takes to […] [Read More]