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NewsFebruary 21, 2017

AutoGravity Announces Partnership With Westlake

The subprime finance source’s auto financing options will now be available through the FinTech firm’s digital platform, which allows car buyers to select a vehicle, find nearby dealerships that carry the vehicle, apply for financing, and choose from up to four personalized financing options on their mobile device.

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NewsFebruary 21, 2017

IHS Markit: Global Auto Sales to Reach 93.5 Million in 2017

The market research firm noted that industry risk in mature markets is at the highest level it has been since the Lehman Brothers collapse and global industry downturn from 2008 through 2010.

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NewsFebruary 21, 2017

DealersLink Offers Tips on Getting Cars to the Digital Frontline

Aside from the tips, the firm announced the release of a free ebook titled, ‘Six Steps for Dealers to Get Their Cars to the Digital Front Line.’

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NewsFebruary 16, 2017

Used-Vehicle Market Bracing for Off-Lease Tidal Wave

While low interest rates and consistent values are making it possible for the market to absorb the wave of newer, more expensive off-lease vehicles, demand for older, less expensive vehicles hasn't waned. But with fewer older vehicles available, sellers will be at a disadvantage, Edmunds said this week.

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NewsFebruary 16, 2017

eBay: Car Buyers Will Buy Online

Will consumers buy cars online? Results of a new two-part consumer survey conducted by eBay Advertising shows they will.

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NewsFebruary 15, 2017

Lithia Grows F&I, Catches Acquisition Fever in 4Q

Lithia Motors executives reported a new company record for F&I profits and promised to maintain the group’s aggressive growth strategy in 2017.

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NewsFebruary 15, 2017

Black Book: Luxury Depreciation Spikes

Luxury vehicles continued to struggle last week, as the segment realized some of the highest depreciation rates among all segments, according to the vehicle valuation firm.

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NewsFebruary 15, 2017

No Sedans Among KBB’s Top 12 Family Cars

Kelley Blue Book’s list of the best family vehicles for the 2017 model year includes eight SUVs, four minivans, and no sedans.

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NewsFebruary 14, 2017

U.S. Dealers Added Stores, Lost Sales in 2016

Urban Science analysts said average per-store sales in the United States fell by a single unit in 2016, despite a slight uptick in rooftops and franchises.

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NewsFebruary 13, 2017

Subaru Tops KBB's 5-Year Cost to Own List

Subaru and Acura ranked as the top automotive brand in Kelley Blue Book's annual 5-Year Cost to Own awards, which highlights the top luxury and non-luxury brands in 21 vehicle categories.

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