TrueCar president and chief executive officer Chip Perry sees a lot of “revolution” in the car business right now. That includes everything from the physical design of the vehicle to how people own and operate those cars. “We’re at a very interesting time in our industry, when there’s all these revolutions right over the horizon. […] [Read More]

Texas Lone Star Auto Auction – Lubbock, part of the XLerate Group Auctions, held a successful first mobile sale featuring Don Chalmers Ford of Rio Rancho, N.M. last month, and has added the New Mexico dealership to its roster of mobile sale sites.  The auction said that 100 percent of the inventory at the auction’s […] [Read More]

Accu-Trade is the latest company to join the CDK Global Partner Program, the company announced Thursday. As an approved CDK Partner, Accu-Trade is now part of a marketplace made up of over 350 partner companies that offer more than 450 different applications that are developed to help dealers. The program is one of the largest, third-party partner […] [Read More]

Dealers using AuctionACCESS’s newly redesigned mobile application are now eligible for discounted Black Book Digital subscriptions. Black Book announced that it has partnered with AuctionACCESS to provide its dealers with a promotional code that can be used when signing up for new subscriptions to Black Book Digital. Via Black Book Digital subscriptions, dealers have access […] [Read More]

At last month's NADA Show 2018 in Las Vegas, TrueCar CEO Chip Perry and Auto Remarketing senior editor Joe Overby sat down for a one-on-one podcast, where the discussion topics ranged from the projects TrueCar has on its radar this year, its potential in the digital retail space, the "governing trend in our industry" and […] [Read More]

Wells Fargo said Friday it has entered consent orders with the Office of the Comptroller of the Currency and the Consumer Financial Protection Bureau, under which the company will have to pay civil penalties totaling $1 billion. The consent orders with the OCC and CFPB deal with matters involving Wells Fargo’s compliance risk management program […] [Read More]

While brick-and-mortar auction houses might be a more comfortable marketplace for some, when it comes to obtaining profitable used vehicles priced $12,000 and below — the best deal might just be online. Dealers who want to be sure they have turned over every stone in search of inexpensive vehicles can take advantage of all upstream closed online […] [Read More]

Columbus Fair Auto Auction added another piece of hardware to its trophy case this week. In a ceremony prior the start of Wednesday’s sale, CFAA was awarded Ally Financial’s Auction of the Year Leadership Award for 2017. The award recognizes the auctions’ overall sales, performance and growth for the year. This accolade marks the third year […] [Read More]

Along with an effort to raise awareness and funds for Special Olympics NY, GrooveCar is running its annual April Auto Sales Event starting on Friday through its network of participating credit unions and dealerships. Credit unions in the New York region publicize the event to more than 1 million members with the message of savings […] [Read More]

Darwin Automotive’s menu for dealership F&I departments became even more robust this week. Darwin announced that it has added Zurich North America’s F&I products to the Darwin core F&I menu, as well as Darwin digital retailing and service menu. “We are thrilled to add access to Zurich’s suite of F&I products to our growing network, […] [Read More]