Vehlo made a move to expand its reach into dealership service departments with the acquisition of Dealer Pay, a provider of dealer-specific payment processing systems. The auto repair industry software provider said the acquisition aims to boost its dealership service lane offerings with “seamless, dealer-focused payment solutions.” Presidio Technology Partners served as Dealer Pay’s financial […] [Read More]

Throughout my career in the automotive industry, I don’t know if I’ve ever seen such dependency for help as we have going on right now. I remember the late 1980s and early 1990s when I went through phone books and “cold calling” customers. Or better yet, using my old trusty rolodex. Deals were made on […] [Read More]

California’s zero-emission vehicle mandate is on the verge of disappearing. The U.S. Senate on Thursday voted 51-44 to revoke the waiver allowing California to enforce its Advanced Clean Cars II program, which requires all new cars sold in the state to be ZEVs — effectively banning the sale of new gas-powered vehicles — by 2035. […] [Read More]

NASCAR Hall of Famer Jimmie Johnson will make his 700th career NASCAR Cup Series start in this weekend’s Coca-Cola 600 at Charlotte Motor Speedway. Primary sponsor Carvana wants to make sure his No. 84 Toyota Camry is properly dressed for the occasion. The online used-car retailer has prepared a special paint scheme for the seven-time […] [Read More]

AutoNation has become the latest auto retailer to issue an asset-backed securitization. The company announced it has completed its first ABS through its captive finance company, generating $700 million in funding for its auto loan portfolio at a weighted-average fixed interest rate of 4.90%. CEO Mike Manley congratulated the AutoNation Finance team for “an excellent […] [Read More]

BizzyCar, an AI-driven automated service recall management platform, is updating its Mobile Service Software, offering enhanced features for its nationwide network of dealer partners. BizzyCar’s platform is designed to automate appointment scheduling and identify ideal customers for mobile visits, especially those with time-sensitive recalls. The company said its Mobile Service app has been used for […] [Read More]

Group 1 Automotive is growing again. The dealership group announced the addition of two dealerships in Florida and one in Texas in recently completed transactions. The company has acquired Scanlon Auto Group, consisting of Scanlon Lexus and Scanlon Acura in Fort Myers, Fla., from the Scanlon family, and Mercedes-Benz of South Austin in Austin, Texas, […] [Read More]

Hiester Automotive Group founder and CEO John Hiester took a thoughtful path at this spring’s Auto Intel Summit to describe what dealer intelligence really is. Hiester shared his views and journey to success with Cherokee Media Group’s Bill Zadeits during a lunchtime conversation that’s now available through this episode of the Auto Remarketing Podcast. Listen […] [Read More]

Peer-to-peer car-sharing marketplace Turo has partnered with Uber Technologies to make Turo vehicles available to rent through the Uber app in the U.S. In a news release, the companies said the integration of Turo into Uber Rent reinforces their joint commitment to modernize access to vehicles and reduce dependence on traditional car ownership. Uber Rent […] [Read More]

Having spent the last two years buying and selling electric vehicles in the retail space, Recharged CEO John Foley said he knows what buyers are looking for and flaws that exist in current remarketing solutions offered for EVs. Foley shared his opinions during an appearance on the Live Stage presented by SYCN Auto Logistics at […] [Read More]