Dealerships and private individuals have plenty of online options of where to post vehicles for sale. The team at letgo is celebrating a milestone built since its marketplace launch back in 2015. On Tuesday, letgo — an app to buy and sell locally vehicles and a host of other items — announced that its users […] [Read More]

Get Spiffy capitalized on an opportunity to grow where the on-demand car care, technology and services company already possessed a market toehold. On Tuesday, Spiffy announced the acquisition of ongoing Dallas operations from NuWash. This acquisition allows Spiffy to provide on-demand car washing, detailing, oil change and other automotive maintenance for the more than 200 office […] [Read More]

The Tricolor Auto Group in Texas and the Ganas Auto Group in California are again using technology to reach potential Hispanic customers. LivePerson Automotive, a division of global conversational commerce solutions provider LivePerson, recently launched its first WhatsApp implementation for an automotive dealer group, rolling out web and mobile messaging for Tricolor and Ganas, which […] [Read More]

It’s likely not unusual for underwriting departments at subprime auto finance companies to see applications from individuals who work multiple jobs to generate their income. Well, according to a new Bankrate.com report, that’s not just common in the subprime space. “Side hustles” permeate much of the American employment arena. The report indicated nearly half of […] [Read More]

Black Book says the integration of its vehicle valuation data with auto industry mobile marketing company TEXTiUM will help ease buy-back mail problems by providing it with a timely update. The companies will do that through TEXTiUM’s Instant Trade-in Values product, which uses TEXTiUM’s Precision Texting and Mail-to-Mobile Technologies. The companies say that Black Book’s […] [Read More]

In his new position as vice president of operations for the East division of Automotive Finance Corp. — a business unit of global vehicle remarketing and technology solutions provider KAR Auction Services — Kyle Maurer now has operational leadership over 80 AFC branch or site locations. In announcing Maurer’s promotion, KAR said Maurer in his new position […] [Read More]

Palm Beach State College student Marisol Reyes recently bought a pre-owned 2017 Toyota RAV4 from Palm Beach Toyota. But she had no idea at the time that she was part of a Toyota milestone. And she didn’t know she would be receiving something so valuable in return. Toyota Motor North America celebrated the purchase of […] [Read More]

Retail sales projections from Edmunds, Cox Automotive, J.D. Power and LMC Automotive identified the drivers that are going to impact used-car departments this month as well as perhaps a year or more down the road. Aided by an extra sales day this July, Edmunds estimated that 3.4 million used vehicles will be sold this month for […] [Read More]

Several times during last week’s Automotive Intelligence Summit the topic of car-sharing surfaced, examining how dealerships can capitalize on this developing phenomenon and ways finance companies and fintech developers can streamline services and mitigate risk. A variety of industry participants have their collective antennae raised about this topic stemming from robust figures mentioned by firms […] [Read More]

A former Autotrader executive now has a leadership role in the F&I space. Automotive industry veteran Matt McKenna recently joined APCO Holdings, home of the EasyCare and GWC Warranty brands, as senior vice president overseeing the GWC Warranty business unit and the APCO Holdings marketing efforts. McKenna spent 15 years with Autotrader, helping to cultivate […] [Read More]