When Mazda vehicles roll over the curb at one of the automaker’s franchised dealerships, there’s now a likelihood the preceding floorplan and newly signed retail installment contract or vehicle lease likely will be connected to Toyota. According to a filing with the Securities and Exchange Commission posted on Wednesday, Toyota Motor Credit Corp. said it […] [Read More]

This week, AGORA Data added two new executives to its leadership team as the company positions itself to release a tool aimed at connecting dealers and the capital markets. The Texas-based provider of technology and financial solutions for the automotive industry announced that Chad Stilwell and Cade Cunningham have joined the company’s senior management team. […] [Read More]

Reached by phone around 8:30 am (PT) on Wednesday, Nick Peluso had already bicycled a few handfuls of miles. That may paint a picture of how active the Manheim Digital president will still be in his retirement from the company. Manheim announced Thursday that Peluso, who has been in the auto auction industry for more […] [Read More]

Canada’s Minister of Natural Resources Amarjeet Sohi has announced a nearly $2 million investment for the development of two electric vehicle infrastructure projects in Quebec. Through one of the projects, utilities will be able to “dynamically adjust power output and pricing” at charging stations, and that will occur based on predicted load use, said Natural […] [Read More]

Manheim says that its introduction on Wednesday of personalized vehicle suggestions within its Manheim Market Report valuation tool means time savings for dealers, who will see “highly relevant and immediately available inventory” on a page that they use daily. Manheim says that dealers are seeing more of a need to use smart technology in making […] [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 panel discussion titled, "Data Privacy Meets Regulatory Oversight in Debt Collection." Moderated by Rod Arends, vice president of Southeast Toyota Finance Service Center Operations, this […] [Read More]

Many people know Alexa as a service allowing them to interact with technology and use it for finding the nearest restaurant, for example. Under a new Transport Canada pilot program, users could soon be able to say, “Alexa, open vehicle recalls.” In a news release, Transport Canada said that Minister of Transport Marc Garneau is […] [Read More]

Kia Motors America digital sales manager Barb Bertram says the way that her company’s dealerships are found and seen online is a strong factor for customers during their buying process. Eighty percent of consumers will avoid a business showing bad reviews, she said. Also, she said, 59% of consumers listed dealership reputation as the most […] [Read More]

Based on a pair of projections released by industry observers on Wednesday, August used-vehicle sales should reach somewhere in the neighborhood of 3.4 million units. At TrueCar’s ALG business unit, analysts are projecting 3.35 million used-car sales this month, which would be a 0.2% decrease from August 2018. It would be steady with July, ALG said. […] [Read More]

One of the most frequent guests on the Auto Remarketing Podcast is back for another episode. DRN’s Jeremiah Wheeler recapped his TED-style presentation during this summer’s Auto Intel Summit along with looking ahead to Used Car Week, which begins on Nov. 11 in Las Vegas. The full discussion can be found below. Download and subscribe […] [Read More]