In April 2017, CarGurus — still a private company at that point — launched its first-ever mass-media ad campaign, aiming to drive awareness among the general public. “We want to get people to think first and foremost about us as their shopping destination when buying a car comes to mind. And I think that’s something […] [Read More]

Here’s an alert for auction managers and dealership personnel to look for a pair of recalled, older-model compact pickups that might be in the next sale or currently in inventory. There are 21 locations in particular where the U.S. Department of Transportation’s National Highway Traffic Safety Administration (NHTSA) is deeply concerned that certain higher-risk 2006 […] [Read More]

UnityWorks recently promoted one of its own executives. The provider of nicro-targeted video campaigns for automotive dealers announced the promotion of Jeff Grice to vice president of strategic development. Grice joined the company in 2013 as director of strategic development with a focus on building scalable and customized, data driven video experiences for the company’s […] [Read More]

Along with the launch of a new Vovlo Cars joint venture with Google to embed services into the Swedish automaker's infotainment system, recent technology development in the industry includes new augmented reality tech from Mercedes Benz USA and Kia Motors America, as well. Volvo Cars announced Monday that customers can now access Google Assistant, Google Play Store, Google Maps and other Google services through its newly […] [Read More]

The American Financial Services Association recently held its 2018 Independents Conference & Exposition in Ft. Lauderdale, Fla., an event that brings together institutions that oftentimes offer auto financing as well as other types of personal loans. AFSA handed out its Outstanding Independent Award; an honor that went to Patrick St. Charles III, who is president […] [Read More]

Along with pinpointing what the Manheim Used Vehicle Value Index did in April, Cox Automotive experts also projected how much and why used-vehicle sales softened a bit last month. According to Cox Automotive estimates, used-vehicle sales decreased by 2 percent year-over-year in April versus the same month last year. Analysts said the dip primarily stemmed […] [Read More]

The first quarter went quite well for DIMONT. The Dallas-based provider of insurance claims adjusting and collateral loss mitigation services to the residential mortgage and auto financing industries announced it achieved four key milestones in Q1. The developments included: — Processing approximately 9,400 hazard and auto claims and more than 360 investor claims — The hiring […] [Read More]

Perhaps an unfortunate incident involving a Florida man trying to buy a Ford F-150 could serve as appropriate evidence as to why working with reputable dealerships and finance companies might be best when purchasing a vehicle. Over the past few years, the National Insurance Crime Bureau (NICB) has warned consumers to be on the lookout for […] [Read More]

AutoNation chief executive officer Mike Jackson recently joined other company executives to expound on the significance of reaching its fifth standalone used-car store and service center this year. Along with discussing the March opening of the retailer's respective fourth and fifth AutoNation USA stores in Las Vegas and Katy, Texas, during the company's latest quarterly call, Jackson shared rewarding sales results […] [Read More]

The auto remarketing industry is at an interesting point in its history. The number of off-lease vehicles continues to rise, and wholesale prices are dropping in tandem. As more and more cars roll through, auto remarketers could easily get caught in a higher volume, lower margin cycle. Within this evolving environment, a fresh strategy can […] [Read More]