Just after recognizing the National Association of Motor Auctions as its first association Warren Young Sr., Fellow, the National Auto Auction Association (NAAA) announced Thursday that it has selected its 107th Fellow. The new recipient, Sante Esposito, is a member of its lobbying arm based in Washington, D.C. Esposito was honored at NAAA’s annual Day On The Hill […] [Read More]

In response to franchised dealers’ frustrations when struggling to source used-vehicle inventory, a Ford dealer in Delaware has launched his own tech startup to deliver a technology solution. Willis Ford managing partner Santosh Viswanathan is the founder of the new 20groupdealertrades.com, which offers a platform called SPIN where franchised dealers across the country can trade, buy […] [Read More]

A New York dealer group is looking to gain customers without waiting for “ups” to arrive at the showroom or store websites. As local residents plan for summer travel, a new transportation option is available through Mobiliti, the first multi-dealer, multi-brand, national vehicle subscription service. New Yorkers who need vehicles for summer stays in The […] [Read More]

It’s taken five years, but federal officials are seeing an improvement if consumers faced a financial emergency roughly equal to one payment on their vehicle installment contract. The Federal Reserve Board’s latest Report on the economic well-being of U.S. households indicated four in 10 adults, if faced with an unexpected expense of $400, would either […] [Read More]

GSFSGroup created a new executive position to respond to growth and an increasing need for data management and innovative technology in the automotive F&I industry. The provider and administrator of a comprehensive portfolio of F&I products for dealerships this week announced the hiring of Steven Clark as its first vice president of IT Engineering.  GSFSGroup […] [Read More]

AutoGravity announced Thursday that it has chosen Jason Bonifay, a former CDK Global executive, to serve as the company’s new vice president of engineering. At CDK, Bonifay served as VP of development for product and engineering, where he oversaw more than 100 global associates who were responsible for engineering, product management, architecture and operations at […] [Read More]

CarGurus has confirmed a new partnership with one of Quebec's largest used-car dealer organizations to provide access to its customer acquisition channel for third-party listings. The company recently announced that more than 1,300 members of The Used Car Dealers Association of Quebec, known as AMVOQ (Association des Marchands de Vehicules D'occasion du Quebec), can now activate their […] [Read More]

As Kelley Blue Book rolls out its latest marketing campaign, Autotrader and KBB are teaming up with LendingTree to help potential buyers secure financing options just in time for Memorial Day weekend sales events. The Cox Automotive companies announced on Thursday that they now are collaborating with LendingTree’s auto finance marketplace to provide each site’s […] [Read More]

While recent research data concerning luxury shopper behavior shows that almost 40 percent of luxury owners are less likely to purchase a used car than mass-market owners, a growing number of shoppers in this audience are increasingly cross-shopping used and certified pre-owned vehicles. Amid the rise of off-lease vehicles which continue to enhance the used-car […] [Read More]

How can blockchain technology apply to car dealers, and how might they use it on a daily basis? Also,what type of companies could provide this type of technology in auto retaill? Pete MacInnis of eLend Solutions explains in the podcast below. After you give the podcast a listen, be sure to check out the agenda for […] [Read More]