Vehicle take rates of automated driving features are steadily rising as consumers purchase new vehicles, with the secondary market recognizing the added value placed on these attributes reflected in resale pricing. While we are still in the early days of understanding how quickly the industry will move through the NHTSA’s Automated Driving System (ADS) taxonomy, […] [Read More]

Black Book says it has evolved into an advanced data and analytics company. The company notes that it now helps dealers, remarketers, lenders, integration partners, insurers, and other industry professionals use “precise valuation data” to make intelligent decisions. Because of that evolution, the company on Monday unveiled its new brand identity and website. Black Book […] [Read More]

At its recent User Summit, DealerSocket lauched a new integration between the software company’s Precise Price digital retailing solution and F&I Express’ network of approximately 160 F&I product providers. The companies highlighted this new combination can enable an even more accurate and intuitive digital retailing process for dealers and their customers. DealerSocket explained Precise Price […] [Read More]

Universal Lenders recently announced the integration of its ZERO Plan program with the entire suite of Darwin Automotive F&I and digital retailing software solutions. The companies explained this integration partnership will allow Darwin’s dealer clients access to premium finance all F&I products, including non-cancellable products, while seamlessly and effortlessly e-contracting the transaction using the ZERO […] [Read More]

“Unlocking hero status starts with performance measurement.” While it’s not certain if that quote in a recent AutoIMS presentation also applies to superhero status (i.e. Superman’s vertical leap measured in tall-buildings-per-single-bound), a new Sales Scorecard program from the company aims to give the remarketing industry sharper (if not x-ray) vision. Based on demand from the […] [Read More]

In a few special editions of the show, we’re sharing some of the panel discussions and keynote presentations from the recent Automotive Intelligence Summit in Raleigh, N.C. Next up is a combination featuring a TED-style presentation from Jessie Herdrich from PAR North America about the intricacies of recoveries immediately followed by a fireside chat with […] [Read More]

It’s been a busy month of expansions for IAA. IAA’s announcement on Thursday that it is expanding its Pulaski, Va., branch is the latest of a series of expansion news items for the global vehicle marketplace company this month. The company on Tuesday announced it was expanding its Fontana, Calif. branch. An additional announcement came […] [Read More]

Saying the move places it in a stronger position for future digital retailing, connected vehicles and mobility opportunities, auto company JM Family has named Chad Couch as its new chief information officer. Leading JM Family’s technology and innovation strategy, Couch will work to identify new and emerging tech tools and services to support future growth. […] [Read More]

Certified pre-owned vehicle sales continue to be a bright spot for franchised dealerships this year, and KAR Auction Services chief economist Tom Kontos explained how those vehicles that become CPO units helped consignors and the wholesale market in July, too. According to ADESA Analytical Services’ monthly analysis of wholesale used vehicle prices by vehicle model […] [Read More]

For the second time this month, the Justice Department announced prison punishments for charges related to fraudulent auto financing. Not long after getting a judge to sentence a Wisconsin man in connection with a Ponzi scheme fueled by luxury vehicles, officials announced details involving seven defendants for their roles in a bank fraud conspiracy they […] [Read More]