Congratulations, California, home of the top three cities having high MPG, eco-friendly used cars. On the flip side, Detroit is, well, guzzling gas.   These are just a couple of results as analysts at iSeeCars have released their comparison of the 20 largest U.S. cities by percentage of cars with the best and worst miles […] [Read More]

With certified pre-owned sales numbers soaring to never-before-seen levels, it seems dealers and OEMs are doing something right when it comes to advertising. Paul Stowe, director of retail operations at NCM Associates, let us in on some of the key advertising tools for a dealer who has embraced the potential of CPO vehicles. Stowe said […] [Read More]

Earlier this week, ALG announced an upgraded and re-launched metric for comparing vehicle brand values and determining how they affect residuals. ALG Brand Pricing Score is designed to shed light on brand differences and the elements that impact brand value, be they negative or positive. The mainstream brand with the best Brand Pricing Score on […] [Read More]

Primeritus Financial Services held its first-ever Agent Partner Event for its national agency partners on Oct. 24-25 in Nashville, Tenn., home to the company’s corporate offices. More than 100 agents joined the Primeritus management team and staff for a tour of the new offices, reception and dinner, followed the next day by a Nashville city […] [Read More]

Extending its efforts to help automotive lenders efficiently select agents for asset recovery, Recovery Database Network announced that members of the Recovery Industry Services Company (RISC) Compliant Agent Network (CAN) will be identified within RDN’s recovery management software during the agent selection process. Officials explained RISC CAN Members will be tagged with a RISC CAN […] [Read More]

It has been almost five years since there the vehicle population was this big. According to the latest Vehicles in Operation market analysis from Experian Automotive, there were 247.9 million cars and light trucks on the road during the second quarter. The last time the VIO figure was this high was the third quarter of […] [Read More]

It may arguably be the most expensive place to rent an apartment, catch a play or enjoy a steak, but when it comes to having the best deals on used cars, the Big Apple might as well be the Big Steal. According to iSeeCars, New York City tops the list of cities when it comes […] [Read More]

A Halloween party and costume event that brought out witches, ghosts, vampires  and other costumers, the second annual MetroGistics Monster Mash fundraiser earlier this month raised more than $19,000 for three charities: Humane Society of Monroe County, Ill., Humane Society of St. Clair County, Mich., and Project VIP (Very Important Pets). MetroGistics, a full-service transportation […] [Read More]

General Motors increased its lease penetration by more than 5 percentage points in the third quarter, becoming slightly closer to its industry peers than it was a year ago. In a chart set providing details on the automaker’s Q3 performance, GM said its lease penetration in the U.S. was at 21.3 percent in the third […] [Read More]

With today being Halloween, Jonathan Banks warned about being tricked by the data being generated by the industry recently. The executive automotive analyst from NADA Used Car Guide explained his points during a recent online video post after the firm released its latest issue of Guidelines. “When taken at face value, that statistics for both […] [Read More]