Used-car managers looking for high-line units now potentially have more options via DealersLink. On Wednesday, DealersLink announced it has launched Sixt Remarketing inventory within its marketplace. Sixt is adding more than 1,000 off-rental vehicles to the national dealer-to-dealer marketplace. And to help stores find just what they need to satisfy a customer request, Sixt’s nationwide […] [Read More]

The brisk air and color-changing leaves may say otherwise, but October is looking a lot like September. Edmunds is predicting 3.3 million used-car sales this month, which is the same figure reached in September, based on its data set. The resulting used-car SAAR for the month is projected at 39.6 million – also on track […] [Read More]

Normal things you see in October are here: Children excited about Halloween around the corner, homecoming football games and leaves turning into a brilliant array of colors. And along with those things, even more good news for dealers: Wholesale prices are behaving typical for October, according to the latest edition of Market Insights from Black […] [Read More]

Avis Budget Group has teamed up with Ford in a connectivity partnership that aims to digitally connect more than 35,000 Ford vehicles in the rental company’s U.S. fleet by next summer. In the partnership announced Wednesday, Ford Commercial Solutions will provide its Ford Data services embedded telematics solutions to Avis for connecting the vehicles. It […] [Read More]

Carvana is now available in six California markets. The online used-vehicle retailer announced on Wednesday that it can now finalize turns in Fresno, Calif., to cater to Central Valley customers who can shop more than 10,000 vehicles on Carvana.com, as well as finance, purchase, trade in and now schedule as-soon-as-next-day delivery. Carvana first launched in California […] [Read More]

Significant changes are in motion within the American Financial Services Association (AFSA). On Wednesday, AFSA announced that its board of directors has elected a new chairman, chair-elect and vice chairman-treasurer for the next 12 months. Additionally, the board approved a succession plan for executive leadership of the 102-year-old trade association representing the consumer credit industry. […] [Read More]

Aspiring automotive executives can secure a new academic foundation as they embark on careers at dealerships, finance companies and other industry service providers. This week, the Richard DeVos Graduate School of Management at Northwood University, in collaboration with Association of Finance and Insurance Professionals executive director David Robertson, has announced it will be accepting students […] [Read More]

With the interest rates connected to a retail installment sales contracts becoming more pronounced thanks to actions by the Federal Reserve, Carleton recently revisited a topic the compliance firm often discusses with clients. Carleton reiterated official definitions as well as shared best practices regarding how best to achieve accuracy in Truth in Lending Act (TILA) […] [Read More]

Edmunds launched a new trade-in valuation tool for its dealer partners on Tuesday that uses artificial intelligence and predictive search capabilities to help consumers get their vehicles valuated in a more timely fashion.  The tool, which is embedded on the dealer’s website, also utilizes True Market Value data from Edmunds, which the company says can foster […] [Read More]

The Germain Automotive Group has increased front-end gross per car by $300 since beta testing a new inventory management concept from Dale Pollak and the vAuto team at Cox Automotive. This new philosophy — and the data product behind it, called Profit Time — looks at inventory aging in a unique way, Pollack told nearly 200 […] [Read More]