Software company DealerSocket says enhancements such as improved data collection capabilities for its Dealership Management System for independent dealers — or iDMS — “reaffirm the company’s deep commitment to the used-car market.” At its annual user summit in August, DealerSocket announced what it described as “several key innovations,” and in addition to the iDMS data […] [Read More]

Dealer management system company DealerBuilt appointed long-time automotive sales team leader Keith Baker as chief revenue officer, with his duties including oversight of new business sales and marketing. He will also work to help improve client utilization and product strategy.  Baker said he joined DealerBuilt in part because dealers need a company “that is genuinely […] [Read More]

It’s now past Labor Day weekend. Much of the year already has passed, and the holiday season will be arriving soon enough. For dealerships that began 2019 with the intention of increasing in-store training, GWC Warranty compiled strategy to help managers overcome four primary obstacles they might have encountered delaying those educational improvements. “Sure, your […] [Read More]

The California Consumer Privacy Act (CCPA) certainly is complicated. It’s why an entire panel discussion about it was conducted during this summer’s Automotive Intelligence Summit. Furthermore, a recent PossibleNOW study showed 56% of U.S. businesses polled reported they do not expect to be fully prepared to meet CCPA requirements by the Jan. 1 date of […] [Read More]

Part of Autotrader’s new marketing campaign takes the viewer back to the Nordic Bronze Age. At that time, Autotrader says, sled owners felt the same way many do today about overpaying for their vehicle. In the ad, the hero unexpectedly appears, using Autotrader to find the right vehicle at the right price and driving a […] [Read More]

In year five of Auto Remarketing’s annual Remarketing & Used-Car Industry’s 40 Under 40, you will find the current- and next-generation leaders of the business who are making big differences in the industry — and at their respective companies. Auto Remarketing is honored and thrilled to recognize these folks and celebrate their accomplishments. The list […] [Read More]

In a few special editions of the Auto Remarketing Podcast, we’re sharing some of the panel discussions and keynote presentations from the recent Automotive Intelligence Summit in Raleigh, N.C. Next up is panel discussion on "Necessity is the Mother of Invention: How Legacy Companies and Startups Change and Innovate," moderated by Alex Maritczak of EY. […] [Read More]

ADESA has named new general managers at three of its auctions, for two in the United States and one in Canada. Starting with Canada, Matthew Creese is the new general manager at ADESA St. John’s in Newfoundland. In the U.S., Jeff Hyde is the new general manager at ADESA San Diego. At ADESA Northwest in Eugene, […] [Read More]

Fifty-seven percent of respondents to a recent survey say they service their vehicle more often than they see a doctor. Teeth don’t fare much better. Sixty-three percent of respondents to the national survey — conducted by Cars.com — say their vehicle service departments get more visits from them than their dentist. The main message of […] [Read More]

As the subprime auto finance company collected another workplace award, Credit Acceptance Corp. also announced an update this week involving its latest securitization. Credit Acceptance completed a $500.0 million asset-backed non-recourse secured financing.  Pursuant to this transaction, the company contributed approximately $625.1 million of loans to a wholly-owned special purpose entity that will pledge the […] [Read More]