Ally Financial made a pair of moves this week to enhance its position as a provider that can cater to shoppers who are looking to complete at least some of the financing process online. First, Clearlane — Ally’s online auto financing platform — announced the development of Clearmatch, a digital service that will allow customers […] [Read More]

GWC Warranty, a provider of used vehicle service contracts sold through dealers, recently announced the addition of Emily Dwyer as its new strategic brand manager. As a member of the marketing department, the company highlighted Dwyer will be responsible for developing strategies that increase GWC’s brand awareness and value among new and existing GWC partners […] [Read More]

SiriusXM has launched a new aftermarket connected car solution for dealers and their customers, developed by its company — Automatic Labs. The solution delivers connected vehicle service at a cost SiriusXM shared comes in as low as $40 per vehicle, including the device and introductory 6-month subscription. On top of providing features to drivers like […] [Read More]

On Thursday, CDK Global announced the launch of its new Fortellis Automotive Commerce Exchange platform. The company described the new platform as a technology engine and “plug-and-play platform”that works to allow developers, OEMs and dealers to securely integrate solutions and workflows to ramp up sales, operational efficiency and profitability.  Through the new platform, CDK Global […] [Read More]

Dealers should direct their attention to reaching online car shoppers as early as possible and enhancing their in-store experience to best navigate United States consumers’ car-buying behavior, says a recent study. With car buyers spending a total of four less days in market for a car compared to last year, dealers have less to time to […] [Read More]

According to the Edmunds Used Car Report, SUVs and trucks made up 47 percent of sales of 3-year-old vehicles in 2017. And in total, off-lease supply boosted the used market to reach 39.2 million sales last year — a record high. And as increases in off-lease supply begin to put long expected pressure on residual values, this […] [Read More]

As 2017 came to a close, auto dealership values fell a bit, and the number of dealerships sold in the U.S. for the year was down, but the tides could be turning in 2018. According to the year-end 2017 edition of the Haig Report, a report released by Haig Partners that studies M&A activity among […] [Read More]

J.D. Power's new president and chief executive officer Dave Habiger was named Wednesday. The news comes after preceding president and CEO Finbarr O’Neill in October informed the J.D. Power board of directors of his intention to retire from his post. “J.D. Power is fortunate to have a leader and operator of Dave’s caliber to execute on this next […] [Read More]

OpenRoad Auto Group recently announced that it has opened Western Canada’s first Karma Automotive dealership – its new KARMA VANCOUVER location. The Karma Automotive dealership is one of only three in the country. The store is also where the 2018 Karma Revero was unveiled. The Revero was recently named, “Luxury Green Car of Year” by the […] [Read More]

Pre-owned vehicles sales reached a record high last year of 39.2 million, according to the 2017 Edmunds Used Car Report.  This was up 1.6 percent from 2016. And for perspective on how much used sales growth the industry has experienced in the past five years, that number represents a 4.3-percent increase from 2012. So, why the record highs […] [Read More]