Dealers who purchase vehicles through non-auction channels can now save time during the funding process with the help of a new feature NextGear Capital has added to its Account Portal platform. Once notice of title is given, the new feature called Rapid Pay allows eligible dealers to initiate financing on vehicles purchased from wholesalers, customer […] [Read More]

Whether it is sorting out the specific type of vehicle to purchase or deciding on what dealership to visit, a new study confirms that social media reviews are a growing source of reference for consumers across the country. The MaritzCX study released Tuesday, titled, “The Impact of Social Among Car Buyers,” highlights the growing influence […] [Read More]

AutoGravity is looking to bring auto finance customers to captives and commercial banks where it might be appropriate for the providers to learn greetings such as bon jour, guten tag or kon'nichiwa. On Tuesday, AutoGravity announced a partnership with Westbon, one of the first lending platform for international students in the U.S. Through this unique […] [Read More]

General Motors Financial is gearing up for one of its largest annual wholesale events of the year that the consignor is hoping vehicle buyers see as being “out of this world.” GM Financial is hosting its fifth annual elite sales series, which gives dealers exclusive access to thousands of some of the best pre-owned GM […] [Read More]

Auto finance companies and buy-here, pay-here dealers are seeking to adopt more advanced and scalable GPS systems for risk mitigation. But Procon Analytics acknowledged this trend brings the inefficient process of managing both new GPS systems plus old devices that use legacy embedded technology. On Tuesday, Advantage GPS, a Procon Analytics company that can capture and […] [Read More]

The cadence of customer-payment improvement stemming from an injection of cash from the Internal Revenue Service surfaced again, according to the latest analysis from S&P Global Ratings. On Tuesday, analysts reported prime and subprime collateral performance in the U.S. auto loan asset-backed securities (ABS) market improved in February, fueled by a decrease in net losses […] [Read More]

Throw out most any topic in an interview, and Sandy Schwartz is likely to have a thoughtful, educated response. But if you really want the Cox Automotive president to talk with some passion, ask him a question on politics and economics. Like, for instance, the impact that automotive vendors might see from a tariff on […] [Read More]

Car and Driver, as it turns out, isn’t just for reading anymore. The Hearst Autos media property already had recently expanded editorial reviews, car listings and pricing information. Now, it has added a Trade-In Value tool and a Credit Score tool to make the buying process easier for both dealers and consumers. “Dealers and consumers […] [Read More]

PureCars announced Monday that it has joined the growing Volkswagen Dealer Digital Program to provide dealers with its multi-channel digital advertising platform — SmartAdvertising. Volkswagen’s dealer network can now access the PureCars SmartAdvertising platform for advertising solutions including paid search, dynamic retargeting and programmatic display campaigns. “We are honored to be recognized as a valued digital […] [Read More]

Netsertive announced Monday that the company is the latest to be named an approved partner of the Volkswagen Dealer Digital Program. With Netsertive’s digital marketing intelligence technology, Volkswagen can now equip its dealer network with performance-based digital marketing campaigns made to deliver local market sales. “Volkswagen understands that today’s customers are starting their research online […] [Read More]