Dealers are already finding it challenging to reach the Millennial generation because of these potential buyers’ demands for online interaction and increased transparency. Now a study arrived this week showing how these Americans ages 16 to 34 are leading the way in a significant decline in driving altogether, especially in urban areas. The report titled, […] [Read More]

On Thursday, Experian revealed its choice for a new group president of vertical markets, an area that includes the auto side of the company’s business in North America. Chosen for the position is Jennifer Schulz. In her new position, Schulz will be in charge of the company’s vertical markets group, which also include the public […] [Read More]

Leasing penetration is thought to have reached its highest level of the year last month and could get even stronger before 2013 is over, said Edmunds.com senior analyst Jessica Caldwell. Specifically, it was forecasted that lease penetration was at 26.2 percent in November, up from 26.0 percent in October and 24.9 percent in November 2012, […] [Read More]

Spokespersons from both Ally Financial and General Motors didn’t offer specifics on Wednesday in reaction to a report that the automaker is planning to sell off its remaining stake in the vehicle finance company. A host of media outlets cited a report by the Wall Street Journal  that quoted anonymous sources who said GM intends […] [Read More]

What’s black and white, and red all over? The used vehicles men are more likely to inquire about, it seems. In a recent study, iSeeCars.com spent a year tracking and analyzing the colors and types of cars that male and female visitors to its website inquire about. “It’s one thing to say you like a […] [Read More]

Attention, dealers: Interested in knowing the turnover rate for service positions among your  competitors? Want to know what they’re being paid? This information and more are now available via a new online search tool from NADA, that allows users to search the entire 2013 and 2012 NADA Dealership Workforce Study database. Called the NADA Dealership […] [Read More]

On Tuesday, Auto Remarketing recapped the findings of a NADA Used Car Guide whitepaper that measure the disparate impacts on used-vehicle prices from various incentive types. Today, we take a look at overall incentive spending by the largest automakers, as detailed by TrueCar.com. It found that the industry spent $2,507 on incentives per vehicle in […] [Read More]

Eight of the 12 segments showing month-over-month growth in their share of used retail shopping interest in November fit into one of three categories: high performance, luxury or sports car. That’s the latest from Kelley Blue Book, which detailed which brands and models piqued the interest of online shoppers last month as part of the […] [Read More]

A recent analysis of prices on today’s most popular car leases from Swapalease.com revealed that the Ford Fusion and Escape have the second- and third-highest jump in prices, respectively, during the past 12 months. The site discovered monthly lease prices on the Escape have risen 13.0 percent since November of last year, climbing from $313.29 […] [Read More]

In addition to a bevy of other findings it uncovered, an independent study conducted by Dataium and commissioned by Carfax took a look at the online paths taken by shoppers who visited an online portal, the Carfax website and a dealer website during the car-shopping process. According to the white paper published by Dataium, the […] [Read More]