Manheim says it will have invested more than $100 million in its digital platforms, through upgrades that started at the beginning of this year and will continue through 2019.  This comes amid a growing push of online wholesale sales, both at Manheim and elsewhere in the auction business. At Manheim, specifically, in the first half […] [Read More]

Dealers now have a new device to sell in the used-vehicle retail sales department; and perhaps in the parts department or service drive, too. Automatic, a SiriusXM company that can bring the power of connectivity to almost any vehicle on the road, on Tuesday announced the launch of the Automatic Dealer Program, an all-new service […] [Read More]

They say everything is bigger in Texas. And now Carvana’s presence in the Lone Star State is, too. On Tuesday, Carvana launched its online retail platform for used vehicles in Beaumont, Texas. Now with a location along the heart of the Gulf Coast, Carvana now offers as-soon-as-next-day vehicle delivery in six Texas markets and 80 […] [Read More]

America’s Car-Mart expanded its buy-here, pay-here store footprint this week. The chain announced the opening of two new dealerships located in Montgomery, Ala., and Bixby, Okla. The expansion brings the company’s dealership count to 143 with four new dealership openings occurring during its 2019 fiscal year. Car-Mart indicated the Montgomery dealership will be managed by […] [Read More]

With the National Alliance of Buy-Here, Pay-Here Dealers (NABD) hosting its Buy-Here, Pay-Here Subprime Conference with the National Independent Automobile Dealers Association this week in Las Vegas, two GPS providers rolled out enhancements to their suite of tools. Spireon introduced GoldStar Connect, a full-featured connected car mobile application designed to give BHPH dealers and subprime […] [Read More]

Two well-known names are continuing to collaborate to operate within the subprime auto finance space. On Tuesday, White Clarke Group announced that Exeter Finance has extended its contract for the CALMS Loan Origination Software. The company first implemented its loan origination software with Exeter back in 2013 and has continued to grow and evolve to […] [Read More]

As it turns out, “Planes, Trains & Automobiles” is not just the name of a fantastic John Hughes movie. It may very well describe the “multi-modal approach” folks are taking to meet their travel needs, particularly when it comes to last-mile transportation. And in the mobility space, a new partnership announced last week aims to […] [Read More]

Carolina Auto Auction expanded its management team, naming two assistant general managers on Monday. General manager and managing partner Eric Autenrieth announced that Joe LeMonds has been promoted to the post of assistant general manager of sales and marketing. And new to the auction is Vann Humphrey, who has been named assistant general manager of […] [Read More]

Sonic Automotive didn’t have to leave home to open its newest EchoPark Automotive store. The retailer has launched an EchoPark used-car standalone store in Charlotte, N.C., which also happens to be where Sonic is headquartered. The new store is located at 3648 E. Independence Blvd. in Charlotte, about three miles from corporate headquarters. In addition […] [Read More]

As interest rates make the parameters for financing a new vehicle less appealing, Autotrader spotted eight financing campaigns for certified pre-owned vehicles that makes these models potentially even more appealing. “Fall is typically a buyer’s market for auto sales,” said Brian Moody, executive editor for Autotrader. “Dealers are looking to move both new and used […] [Read More]