It is no surprise; American shoppers are spending more time and money than ever before online. This surge in e-commerce has created a new breed of customer and economy, dubbed the Engagement Economy. There has been a dramatic rise in online shopping in the last four years. Many consumers are making online purchases every single […] [Read More]

And are you ahead — or behind? We all know that many games are won or lost in the fourth quarter –— not the first. It’s time to evaluate the game plan. Is it working? Do you need to adjust? How will you do it? A common trait at the most successful dealerships is they […] [Read More]

Walser Automotive Group’s commitment to addressing the nation’s shortage of skilled automotive technicians reached a tangible milestone last week. The dealership group joined WSU Tech – Wichita State University’s Campus of Applied Sciences and Technology – in unveiling the Walser Automotive Service Lab, part of a $3 million renovation to WSU Tech’s automotive service facility […] [Read More]

Alvaro Bedoya of the Federal Trade Commission played his own version of 20 questions last week. Bedoya actually posed 50 questions during a speech at ForumGlobal’s sixth annual Data Privacy Conference USA in Washington, D.C., pondering queries connected with privacy, artificial intelligence and more. After explaining to the gathering how he was going to approach […] [Read More]

Launcher, a technology provider specializing in automotive financing originations, announced a strategic integration partnership last week with OTTOMOTO, a dealer auto retail finance platform offering a full suite of desking tools. The companies highlighted the partnership allows finance companies using Launcher’s appTRAKER loan origination system to streamline the process of indirect financing with dealers utilizing […] [Read More]

StoneEagle recently revamped its leadership team, and last week, the F&I solutions provider ventured into the compliance business to offer cost-effective solutions for the benefit of the industry and consumers. As a part of StoneEagle’s enterprise solutions, the company that’s been in operation for more than 35 years highlighted that StoneEagleCOMPLIANCE, along with StoneEagleADMIN and […] [Read More]

Cars Commerce’s latest look at the used-vehicle market is an old story. As in, older cars have become the dominant force driving supply and vehicle values, according to the company’s monthly Industry Insights Report for August. The report, based on data from Car Commerce’s platforms, including Cars.com, Dealer Inspire and AccuTrade, shows used-car inventory up […] [Read More]

Inventory carryover risks are a major challenge for dealers and slashing prices might not be the best (and certainly not the only) remedy, according to a recent survey and analysis from Lotlinx. Dealers would be wise to tap into artificial intelligence and other advanced technologies, the company said in the analysis around its latest Inventory […] [Read More]

Less than a week after promoting two of its executives to be the company’s chief financial officer and chief risk officer, Safe-Guard Products International appointed its new chief operating officer on Thursday. Taking on the role for the provider of third-party private label protection products for the automotive, RV, marine and powersports industries is Darin […] [Read More]

The National Automotive Finance Association celebrated the success of its newest in-person event — the C-Suite Retreat in San Antonio. The association highlighted its private gathering offered a rare opportunity for CEOs and senior leaders to collaborate on addressing the industry’s most pressing challenges and explore new opportunities for growth and innovation. Organizers said last […] [Read More]