The U.S. Department of Transportation’s National Highway Traffic Safety Administration knows defective Takata airbags still are in vehicles currently in operation, so the regulator wants automakers to take additional steps to make sure these units are repaired. Late last week, NHTSA made an announcement, urging OEMs affected by the Takata air bag recall to make […] [Read More]

Now consumers and dealerships can shop for vehicles on the same website that claims to already have more than 4 million vehicles in its pipeline. Along with offering a virtual-reality experience for consumers, DealerStrip.com said it also can provide wholesale offers to dealers to facilitate trade among stores and unload old inventory. Site officials also highlighted […] [Read More]

Franchised dealerships that include Chevrolet, Buick, GMC or Cadillac in their portfolio now have an enhanced advertising option. Naked Lime Marketing (NLM) recently announced that both its email and direct mail targeted marketing services are now approved for the General Motors (GM) iMR program, an expansion of the digital marketing company’s previous participation in the program. […] [Read More]

Spurred in part by sales of its Sportage and Forte models, the Kia Motors America certified pre-owned vehicle program has completed its best first half ever. Kia dealers sold 39,954 CPO vehicles in the opening six months of 2018, the automaker said in a news release.  That’s up 0.4 percent from the same period in […] [Read More]

RMS Automotive and Mazda Motors UK have extended their remarketing contract another three years, RMS announced last week. RMS began providing Mazda UK with an online wholesale remarketing platform in 2007. RMS has now transitioned its data-based model to an “experience-focused solution.” With multichannel remarketing, users have flexibility in bidding, purchase and delivery. The system […] [Read More]

Lithia Motors announced its first-ever chief technology and innovation officer on Monday, appointing former Massage Envy franchising executive George Hines to the role. Hines, who was chief innovation officer for the wellness brand before joining Lithia, has experience in similar innovation and tech positions throughout retail, ecommerce, hospitality and live event marketing. His tech career […] [Read More]

LexisNexis Risk Solutions, a leading provider of data, analytics and technology, recently made a multi-million dollar investment in the formation of a new global connected car team. The company highlighted the team of more than 35 experts has been created to help automakers and insurers share data and analytics to deliver the next generation of […] [Read More]

Late last week, RouteOne announced that C&F Finance Co. is now an available e-contracting finance source for dealers utilizing the RouteOne platform. The move was made in an effort to augment the digital exchange of critical contract documents and data between dealers and finance sources to increase efficiency and reduce contracts in transit. C&F Finance, […] [Read More]

Now all three major credit bureaus have made a move to bolster their offerings within the alternative-data space. On Monday, Equifax announced that it has acquired DataX, a leading specialty finance credit reporting agency and alternative data provider to finance companies nationwide. Through DataX, Equifax highlighted that it can help finance companies expand credit access […] [Read More]

CDK Global said it has signed a deal to purchase ELEAD1ONE, a provider of CRM and call center solutions. The agreement, which was approved unanimously by CDK’s board, was officially announced Monday; The Banks Report publication reported the deal on Sunday. “As we looked at how best to rapidly address the needs of dealers in […] [Read More]