The J.D. Power 2014 U.S. Avoider Study showed that new technology offerings in vehicles are more important to new-vehicle buyers who purchase domestic models versus import vehicle buyers. The study determined 38 percent of those buying domestic vehicles cite the latest technology features as a reason for their purchase, compared with 33 percent of import […] [Read More]

As TransUnion projected that new-vehicle leasing volume should continue to strengthen, Swapalease.com reported that lease credit approvals improved slightly as 2013 closed. The site determined December’s approval level came in at 73.3 percent, compared with the November reading of 70 percent. Officials noted the overall approvals rate on the year finished at 72.7 percent, compared […] [Read More]

Dealers interested in taking part in the 2014 NADA Dealership Workforce Study — which offers analysis and data to help them attract and retain quality employees — will have their chance later this month. Participation in the study opens to dealer members of the National Automobile Dealers Association and American Truck Dealers at the NADA […] [Read More]

The 2010 Kia Soul was among the five leading models that registered the highest month-over-month shopping activity gains in December, according to Kelley Blue Book. Fuel efficiency evidently was a priority among consumers who went to Kelley Blue Book’s website in December to look for a used vehicle during their other holiday shopping excursions. The […] [Read More]

Just two dealerships. Based on data provided by Women-Drivers.com, that is the average number of stores women will visit before they buy a car. And once they drive away from your dealership without a new set of keys in their hands, most aren’t looking back in the rear-view mirror. In fact, nearly three-fourths (72 percent) […] [Read More]

Although the increases were rather tame, domestic brands were at the top of the heap for used-car consumer activity growth on the Web in December, according to the latest Guidelines report from NADA Used Car Guide. Specifically, the report looks at activity on NADAguides.com and calculates the year-over-year change in unique lookups during December. Topping […] [Read More]

DataScan Field Services announced Monday its purchase of Launch Technologies LLC and Field-Logic LLC. These two firms operate together to provide floor plan auditing technology and audit services to financial institutions. “This acquisition is truly strategic for our company,” said Brent Sergot, president of DataScan Holdings. “Building on our industry experience and history of outstanding […] [Read More]

Dealers interested in taking part in the 2014 NADA Dealership Workforce Study, offering analysis and data to help them attract and retain quality employees, will have their chance later this month. Participation in the study opens to dealer members of the National Automobile Dealers Association and American Truck Dealers at the NADA Convention & Expo, […] [Read More]

As the south braces for another winter storm, adding the recent severe cold and icy conditions in much of the U.S., related car repairs may provide a much needed boost to auto repair shops’ slowing growth. According to Sageworks, a financial information company, privately held auto repair and maintenance shops continue to see sluggish growth […] [Read More]

The 2014 CLA isn’t just giving Mercedes-Benz what appears so far to be greater footing in the entry-luxury segment; this new model is quickly becoming a residual value leader for the automaker, says Kelley Blue Book. Based on the January/February 2014 Kelley Blue Book Residual Value Guide, the 36-month residual value for the CLA-Class is […] [Read More]