For decades, the American auto dealer has operated on a predictable, rhythmic cycle. New cars arrived from the factory, leases were signed, and 36 months later, those same vehicles flowed back into the ecosystem like clockwork. This off-lease pipeline was the lifeblood of the used-car department, a reliable stream of inventory that required little effort […] [Read More]

We continue our episodes of the Auto Remarketing Podcast originating from the Live Stage, which was sponsored by SYCN Auto Logistics, during the Used Car Industry Summit in Miami this spring. Amber Gosney of SYCN Auto Logistics recapped how she and her company colleague, Staci Dimi, became the Transport Queens to serve clients who need […] [Read More]

We continue our episodes of the Auto Remarketing Podcast originating from the Live Stage, which was sponsored by SYCN Auto Logistics, during the Used Car Industry Summit in Miami this spring. To get a better understanding of how autonomous technology has the potential to be highly disruptive in the used-car market, Draiver senior vice president […] [Read More]

Potential car buyers at your dealership — especially ones already stretched thin financially — might be more than a little nervous about making a payment commitment that barely covers the vehicle’s retail price, let alone possible products in your F&I office. To give dealers some clarity about this situation as well as some recommendations, Protective […] [Read More]

The National Auto Auction Association introduced “targeted updates” to its NAAA Arbitration Guidelines on Monday, the trade group said in a memo to members. The updates are meant to clarify existing policy language and “formally reflect established auction practices,” while also addressing what NAAA calls evolving issues like higher-value vehicles, announcements on vehicles, ADAS components […] [Read More]

We continue our episodes of the Auto Remarketing Podcast originating from the Live Stage, which was sponsored by SYCN Auto Logistics, during the Used Car Industry Summit in Miami this spring. As vehicle ownership costs now exceed $12,000 per year and repair and maintenance prices have risen roughly 30–40% since 2020, Kathleen Long, who is […] [Read More]

About six weeks after announcing the acquisition, Cox Automotive said Monday it has completed its purchase of customer data platform and marketing automation company Fullpath. It’s a move that allows Cox to help dealers drive more efficiency, deals and profitability, along with bringing an “agentic approach” to innovation at the company, Cox Automotive president of […] [Read More]

It’s sure good to be a fintech nowadays. With many firms looking to move beyond payments to get into lending, investments and beyond, findings of the annual report authored by Boston Consulting Group (BCG) and FT Partners showed the world’s largest fintechs are now more profitable than at any point in the sector’s history. Researchers […] [Read More]

The Non-Prime Auto Financing Conference officially reaches its 30th anniversary on Tuesday. The National Automotive Finance Association is welcoming the industry to Irving, Texas, to celebrate with three days of what the organization is calling its “most interactive, engaging, and forward-looking events yet.” From artificial intelligence and economic trends to compliance, fraud, structured finance, and […] [Read More]

Advent Resources and Tekion believe that when systems supporting the car deal work together, dealers can eliminate delays, close more deals, and capture more profit without losing visibility or control along the way. So last week, Advent Resources announced a new integration of its digital car deal system and Tekion, enabling dealerships using both platforms […] [Read More]