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]

AutoWeb, formerly known as Autobytel, has named a chief human resources officer, appointing a former Cox Automotive leader to the position. Named the CHRO for AutoWeb, in a move effective Monday, was Sara Partin, who most recently held the same position at Yellow Pages. Before her time with YP, she headed up HR at Cox […] [Read More]

Many of the metrics around Asbury Automotive Group's used-car operations have shown some growth, both in the third quarter and through nine months of the year, according to the retailer's quarterly earnings report released Tuesday.   Asbury increased its used-car retail sales by nearly 11 percent in the third quarter, retailing 20,824 pre-owned units. That’s up from […] [Read More]

Auto classified industry veterans Skip Dowd and Ernie Blood — who have been with operations such as AutoMart Magazine, AutoMart.com, AutoTrader.com, Mini Merchant and Trader Publishing — are now collaborating on a new platform to help dealers move metal. Dowd and Blood joined forces to launch MAutoSearch, an online mobile vehicle-buying solution that is geared to […] [Read More]

Buy-here, pay-here dealers and finance companies that use GPS solutions from PassTime now have access to a new gateway to leverage the company’s platform and tools. PassTime recently launched what’s being dubbed the InTouch Summit, an all-new device management portal for its InTouch product line. InTouch is a GPS solution connecting vehicles for dealers and […] [Read More]

A trio of companies are joining forces to revamp the credit score. Experian, FICO and Finicity announced a new credit score this week during the Money 20/20 USA conference. The new score, called UltraFICO Score, leverages account aggregation technology and distribution capability from Experian and Finicity to help consumers improve access to credit by tapping […] [Read More]

On Tuesday, HyreCar landed its fifth new industry partnership since July. HyreCar, the carsharing marketplace for ridesharing, announced that it has entered into an agreement with Shift Technology to deploy that firm’s artificial intelligence-driven fraud detection solution to optimize its insurance claims processes and deliver an exceptional customer experience. Based on Shift’s 75 percent accuracy […] [Read More]

LeasePlan USA will have a new president and chief executive officer effective Jan. 1. According to an announcement posted this week, LeasePlan USA will be led by Matt Dyer, who previously has been the managing director for LeasePlan UK. The company highlighted Dyer brings with him more than 20 years of experience working for LeasePlan […] [Read More]

MBSi Corp., one of the founding members of the Automotive Intelligence Council, named a new chief operating officer on Tuesday. The provider of repossession assignment software and vendor compliance solutions to the auto finance industry brought on former Copart chief information officer David Bauer as its COO. Bauer joins MBSi with 25 years of executive […] [Read More]

The workforce is changing. Baby boomers are retiring. Millennials want jobs that offer clear career paths — plus training, flexibility to telecommute and/or spend more time with family, and they aren’t afraid to job hop. Amanda Looney, manager of talent acquisition at Insurance Auto Auctions, and Will Farmer, executive director of dealer sales at TradeRev, […] [Read More]