DealerSocket, Audi and Volkswagen are collaborating to make deliveries more efficient for their chain of franchised dealerships. On Monday, DealerSocket announced that VW Credit selected its customer relationship management (CRM) suite to help drive connections between vehicle buyers and its nearly 1,000 U.S. franchised dealers. Through deep integration with DealerSocket’s CRM, the captive finance arms […] [Read More]

Dealertrack is heading to Las Vegas for annual events hosted this week by the American Financial Services Association (AFSA) and the National Automobile Dealers Association (NADA) armed with a half dozen new-product enhancements and enriched partnerships to highlight. These latest partner integrations and enhancements include: — Dealertrack partners with Darwin: Darwin brings the latest in […] [Read More]

The U.S. Justice Department on Monday morning made a major announcement in connection with the Equifax data breach, calling it “a day of reckoning.” With Equifax leadership “grateful to the Justice Department and the FBI for their tireless efforts,” officials said a federal grand jury in Atlanta returned an indictment last week charging four members […] [Read More]

It has been about 15 years since Lisa Price joined ADESA as corporate counsel, and as she now takes on the role as the first-ever chief people officer for its parent company, the world of automotive wholesale looks different. And so does what is now known as KAR Global, one of the biggest players in […] [Read More]

At Used Car Week 2018 as well as last summer’s gathering of the International Automotive Remarketers Alliance (IARA), Andrea Amico described risk many automotive-industry segments face in connection with Personally Identifiable Information (PII) stored in a vehicle’s technology system. On Friday, Amico — founder of Privacy4Cars.com — described the headway his firm made in reducing […] [Read More]

Team Toyota in Indiana has primarily used CarOffer to acquire inventory, said its used-car manager Mike Miskus. “We’ve purchased over 70 units through the platform in the last couple of months and found it to be a fantastic new way to source upstream vehicles,” Miskus said in a news release. He continued, “It’s allowing us […] [Read More]

It’s already been quite a 2020 for Carvana expansion. The used vehicle e-commerce platform has already made at least 10 expansion announcements since the beginning of the year, with rollouts in states such as Wyoming, Wisconsin and Minnesota. On Jan. 30 and 31, the company brought its services to three markets in Central Valley and […] [Read More]

Potential buyers sometimes can quickly sour on a vehicle in your inventory if it has an unresolved recall. To help used-car managers track recalls, AutoMap has integrated AutoAp’s comprehensive safety recall management technology into its solution, helping dealers reduce safety recall liability and increase warranty reimbursement revenue in addition to their automated vehicle electronic-tagging, location […] [Read More]

The Manheim Used Vehicle Value Index established a new record to begin 2020. Cox Automotive reported that wholesale used-vehicle prices (on a mix-, mileage- and seasonally adjusted basis) increased 0.39% month-over-month in January. That movement pushed the index to a new record high of 141.6, representing a 4.6% jump from a year earlier. Following a normalizing […] [Read More]

This week, Resolvion, released a new specialty suite of services.  The skip-tracing and repossession management firm explained these specialty services were designed to address many of the challenges that finance companies encounter in their repossession activities.  Resolvion’s specialty services include the following programs: • Rural area recovery • Bankruptcy recovery • Red Flag/Cease and desist […] [Read More]