automotiveMastermind founder and co-chief executive officer Marco Schnabl says now that almost 300 Jaguar Land Rover retailers will have access to his company’s Market EyeQ product, those dealerships will receive data-driven insights of their entire market. That means those dealers can “provide an individualized approach for each customer, enhancing the overall experience and allowing dealers to […] [Read More]

Carvana’s latest launches in Florence, S.C., and Spartanburg, S.C., which the company announced Wednesday, make it seven markets for the company in South Carolina. With these launches, Carvana now offers as-soon-as-next-day vehicle delivery in 133 U.S. markets. “We have steadily been increasing our South Carolina presence since launching here in 2017,” Carvana founder and chief executive officer Ernie […] [Read More]

Southeast Toyota Distributors has expanded its 15-year data relationship with data and technology company Acxiom, and the result will help Southeast Toyota Distributors better understand its customers and prospects, have meaningful conversations with them and lower the company’s cost of acquisition while improving conversion. Southeast Toyota Distributors, which describes itself as the world’s largest independent distributor […] [Read More]

Black Book’s lane watcher stationed at a sale in Pennsylvania succinctly summed up the dealer and wholesale price activity contained in the firm’s latest Market Insights report. The Keystone State representative said, “The auction is simply not as active as it was just a couple of weeks ago.” Editors noticed wholesale prices for both cars and […] [Read More]

National Automobile Dealers Association chairman Charlie Gilchrist recently wrote about how data and digital issues remain a high priority for the organization. And it appears those topics certainly are being monitored by the Federal Trade Commission, too. Early this week, the regulator announced an Iowa company that sells software and data services to dealers has […] [Read More]

When Toyota first launched the world’s first mass-produced hybrid — the Prius — in 2000, it promoted the vehicle’s 41 miles per gallon combined city/highway. Nineteen years later, the Prius Eco’s lighter lithium ion battery improves by 15 miles per gallon at 56 MPG combined. That is one reason why Toyota performed well in the […] [Read More]

With dealership competition as fierce as ever and consumers further recognizing the value of used vehicles, vAuto wants to be sure its tools are as sharp as possible. On Wednesday, the company expanded its proprietary suite of market data to all Stockwave users. The expansion included the introduction of vAuto’s Live Market View and Autotrader’s […] [Read More]

An executive who previously was with a member of the Cox Automotive family of companies now has a leading role with a division within KAR Auction Services. According to a news release distributed on Wednesday, Preferred Warranties (PWI) announced the addition of Allison Marley as the company’s new vice president of sales. In this role, […] [Read More]

Brian Skutta’s professional automotive resume includes five companies — TrueCar, AutoAlert, VinSolutions, AutoTrader.com and now Spireon. Spireon announced on Wednesday the unification of its auto finance as well as franchised and buy-here, pay-here dealer product offerings into a combined automotive portfolio along with the appointment of Skutta as its president. Under Skutta’s leadership, Spireon said […] [Read More]

In today’s world where it might seem the only auto-finance element lengthening in time involves terms of consumers’ retail installment sales contracts, Digital Recognition Network (DRN) and American Recovery Service (ARS) are reaching a significant milestone — their 10th anniversary of doing business together in the repossession and recovery spaces. DRN executive vice president and general manager […] [Read More]