Alex Maritczak recently returned to North Carolina and joined Nick for a conversation about how auto finance companies and technology developers are collaborating on new solutions. The global auto finance leader at Ernst & Young who also led panel discussions during the Automotive Intelligence Summit described how firms are striving for new developments while also […] [Read More]

Consumers today don’t think twice about opening an app on their smart phone, clicking a few buttons and ordering everything from a ride-share to a flat-screen TV. The digital era is transforming every part of our economy, and its impact on the wholesale vehicle marketplace is taking hold like never before. Last year, digital buyers […] [Read More]

Long gone are the days when rows of racks with glossy vehicle brochures filled dealerships' showrooms. Shoppers often find information via mobile devices or what’s being offered by companies such as RelayCars. RelayCars, a company that provides the virtual reality automotive experience designed to put consumers in the driver’s seat of thousands of vehicles, recently […] [Read More]

A new version of a lead generation system improves dealer autonomy in operating the system, and it provides new collaboration with various lead sourcing tools. Reynolds and Reynolds vice president of product planning Jon Strawsburg said in a news release that the company's new version of XtreamService gives dealers the power to manage XtreamService campaigns […] [Read More]

A partnership between a phone call tracking company and a dealership customer relationship management system could help auto dealers who “understand how critical it is to connect with customers in a personalized, relevant way.” Car Wars and VinSolutions say their improved integration brings enhanced lead management capabilities to dealers that use VinSolutions Connect CRM and […] [Read More]

Of the top 10 car makes on the road in 2018, five were American, and five were foreign makes. Sixteen of the top 25 car models are sedans. Of the top car makes and models on U.S. roads in 2018, Chevrolet and Ford are the dominant automakers, combining for more than one-quarter of all cars […] [Read More]

During the annual Northwood University Dealer Education Awards breakfast in conjunction with NADA Show 2019 in San Francisco, the Association of Finance & Insurance Professionals (AFIP) awarded the Jakob Murray Lange Memorial scholarship. AFIP executive vice president of operations Shannon Robertson gave the scholarship to Kyle VanBoemel, a Northwood University junior majoring in automotive marketing […] [Read More]

GSFSGroup has a new leader. The provider of F&I products, training, dealer development and reinsurance structures to the automotive industry named Guy Koenig as president in a move that was effective on Feb. 27. Throughout his professional career, GSFSGroup highlighted that Koenig has focused on sales and account management, reinsurance, operations, compliance and legal functions […] [Read More]

Marking its eighth market in Ohio, e-commerce platform Carvana launched in Dayton. The move continues Carvana’s recent flurry of launch activity. The company announced in February that it opened in its 100th market— in Savannah, Ga. — as well as in five Northeast markets. Prior, in January, it announced it was launching in five New […] [Read More]

Expanding its operational footprint in western Kentucky, online vehicle auction company Copart has acquired what it describes as “a leader in the remarketing of total-loss and fleet vehicles in the western Kentucky region for over a decade.” Copart’s acquisition of Vincent Auto Solutions in Greenville, Ky., adds a “strong local management team with long-standing customer […] [Read More]