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Benefits from a Faster Repossession ProcessOne great benefit of starter-interrupter devices is a faster repossession process -- almost two months faster on average -- which translates to real savings. | | Benefits from a Faster Repossession Process RICK HEWSON Senior Vice President, Carfinco Financial Group |
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| | Post NADA 2012 Buzz MARK BONFIGLI Founder and CEO, Dealer.com |
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Automotive Industry News for 3/21/2012
Nissan Adds Leather to Top-Selling Leaf
Nissan sold about 9,700 Leaf EVs in the U.S. last year and hopes to double that number in 2012, but consumers want leather seats and Nissan, anxious to keep customers satisfied, will add leather seats, a darker interior and an improved heating system. Nissan has recently rolled out sales of the Leaf to all 50 U.S. states, which should boost sales.
GM & Toyota Score Top in Fuel Efficiency
A new compilation of top ranked fuel efficient cars by TotalCarScore.com shows GM and Toyota with the most number of vehicles on the list. The Toyota Prius ranks tops in midsize sedans getting 50 mpg (city and highway combined). Other top scorers include the Ford Fiesta, Chevrolet Sonic and Chevrolet Cruze, all getting 33 mpg, and VW Golf at 34 mpg.
Older Cars Are Good for Dealer Service Departments
The good news for consumers is that modern cars can go more miles without breaking down, thus the new break-point limit is now 200,000 instead of 100,000 miles. Studies show the values for older cars is rising, thanks to better materials. The good news for dealership service departments is that these car owners will need more service on their vehicles to keep them in top-notch shape.
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Upcoming Industry Events
03/23/2012
North American Repossessors SummitOmni Mandalay Hotel at Las Colinas
Irving, TX
03/23/2012
Virginia Motor Trend International Auto ShowGreater Richmond Convention Center
Richmond, VA
03/27/2012
Electric Vehicles Land, Sea & Air USA 2012San Jose, CA
Industry People
Jared Rowe
President
Kelley Blue Book
Kelley Blue Book, www.kbb.com, the leading provider of new and used vehicle information, named Jared Rowe as its new president, replacing Paul Johnson, who recently retired. Rowe was previously Vice President of Product Management at AutoTrader.com. Prior to that, Rowe spent 10 years at FordDirect where he was a member of the FordDirect founding executive management team.
More People in the Industry
President
Kelley Blue Book
Kelley Blue Book, www.kbb.com, the leading provider of new and used vehicle information, named Jared Rowe as its new president, replacing Paul Johnson, who recently retired. Rowe was previously Vice President of Product Management at AutoTrader.com. Prior to that, Rowe spent 10 years at FordDirect where he was a member of the FordDirect founding executive management team.
Follow The Leaders
Follow the Leader Interview
Click for More LeadersJeffrey J. Grandstaff, General Manager, ShipCarsNow
Jeff Grandstaff shares ShipCarsNow's vision to be the best option for shipping cars across America by providing safe, reliable, affordable and easy auto transport services for a wide variety of customers.
Contact: jjgrandstaff@shipcarsnow.com
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Featured Press Release
PassTime Announces New Version of Its TRAX GPS Product
Significant Statistics
US Fuel Prices – March 2012
Source: AAA’s Daily Fuel Gauge Report, March 8, 2012
Click for Significance of the Data
Market Research
Fuel Cell Vehicle Sales to Top 600K by 2020
Fuel cell light vehicles expected to be commercially launched in 2014 in most regions of world. The US will be the largest market for FCVs in 2020, followed by China and Germany.
Studies & Reports
Galves Market Conditions - March 2012
Industry White Papers
Content Types & Frequency Guide - What to Post and When to Post It for Maximum Visibility
How-To by the Experts
3 Powerful Geo-Advertising Automotive Strategies You Aren't Currently Using
Test Drives & Rides
2012 Chrysler 300
The Chrysler 300 is a full-size four-door sedan that comes in a variety of models to suit a style, performance, or set of features. Whether V6 or V8 and regardless of model it's a roomy, comfortable, quiet cruiser. Apart from its relative the Dodge Charger, the Chrysler 300 is the only rear-wheel-drive sedan we can think of that you can get for less than $35,000.