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NewsJanuary 10, 2017

Black Book: Smaller Cars Back in Demand

Small cars (model-year 2008-2014) are making a comeback to open the year, and Black Book believes the segment could be in for a good spring.

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NewsJanuary 9, 2017

Cadillac Launches $1,500 a Month Subscription Service

Cadillac has launched a subscription-based, on-demand vehicle utilization program that provides access to Cadillac vehicles without a commitment to buy or lease.

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NewsJanuary 9, 2017

DealerDoc Offers Out-of-State Titling and Registration Solution

The solution provides correct taxes and fees for an out-of-state sale in seconds, according to the company, allowing users to prepopulate and print all state-required documents along with a detailed checklist for specific requirements in every jurisdiction.

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NewsJanuary 9, 2017

Wholesale Used-Vehicle Prices Increase in December, Manheim Reports

Wholesale used-vehicle prices on a mix-, mileage-, and seasonally adjusted basis increased by 0.2% in December, according to Manheim. Compared to December 2015, the Manheim Used Vehicle Value Index declined 0.6% to 124.9.

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NewsJanuary 9, 2017

Autotrader: 48% of Car Buyers Choose In-Vehicle Tech Over Brand, Body Style

The report shows a growing number of consumers believe certain safety technologies, including blind-spot detection and and forward collision warning, should come standard on all vehicles in the United States. Convenience and entertainment options also ranked high on consumers' preferred list of technology features.

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NewsJanuary 5, 2017

BMW Using Google’s Augmented Reality Technology to Sell Cars

The German automaker announced it’s piloting a new program that will allow customers to explore their ideal BMW i3 and i8 using Google’s Tango augmented reality technology

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NewsJanuary 5, 2017

Autobytel Sells Off Specialty Finance Leads Product to Internet Brands

Autobytel last week completed the sale of its specialty finance leads product to Internet Brands Inc. for $3.2 million in cash and $1.6 million in additional transition licensing income.

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NewsJanuary 5, 2017

AutoNation Holding One-Day Hiring Event to Fill Thousands of Positions

AutoNation will be holding a one-day hiring event on Tuesday, Jan. 10, according to a recent company announcement. The event will take place throughout 15 cities across the country, and will feature thousands of sales and service positions available at all of the company’s stores and service centers, the company stated.

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NewsJanuary 4, 2017

Ally Agrees to Finance up to $600 Million of Carvana's Retail Contracts

Under the terms of the agreement, Ally will provide financial arrangements to support the online retailer's operations, with an initial commitment of up to $600 million. The agreement expands Ally's existing relationship with Carvana, which also includes a floorplan credit line and vehicle sourcing through Ally's SmartAuction platform.

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NewsJanuary 4, 2017

Black Book: Used-Car Prices Stabilize in December

Depreciation trends stabilized to close out 2016, with depreciation rates for all cars and trucks falling into seasonal patterns, Black Book reported this week.

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