In an effort to meet car shopper’s demand for online vehicle pricing transparency in Eastern New York State, a dealer group with 11 franchises has employed DealerDNA’s technology platform to provide added pricing information for its dealer websites. DealerDNA announced Monday that the Healey Brothers group of dealerships based in Hudson Valley, N.Y., has successfully […] [Read More]

June was a busy month for Scott Fink, the president and chief executive officer of Hyundai of New Port Richey — one of Hyundai’s top-selling certified pre-owned dealers and Auto Remarketing’s 2014 CPO Dealer of the Year. Not only is Fink ensuring that certified metal continues to roll over the curb, but he is also chairman […] [Read More]

Go Auto has purchased the Toyota on the Trail store that’s located close to the dealership network’s nearby Drayton Valley Toyota location. The company announced Wednesday that it has begun operations at Toyota on the Trail with new general manager Shane Sutherland, who most recently served as GM at Edmonton's Norden Volkswagen store. The dealership […] [Read More]

America’s Car-Mart and DriveTime combined to make four moves involving their dealership network in four different states during the past month. DriveTime shared developments in connection with three locations, including the opening of a new dealership in Woodbridge, Va. DriveTime’s newest dealership sits on 2.64 acres with 6,621 square feet of showroom space and almost […] [Read More]

As stores got Fourth of July sales campaigns into full swing, the National Automobile Dealers Association delivered comments to the U.S. Department of Commerce in an effort to make it clear that franchised dealers oppose the imposition of new tariffs or quotas on imported vehicles or parts. In comments sent to the federal agency ahead […] [Read More]

By this time of year, used-vehicle demand (unlike the weather) typically cools down a bit. Not the case in 2018. The “steady and strong” retail used-car market keeps chugging along and is likely to reach 39.5 million sales this year, then level out, according to Cox Automotive. That figure would be an increase from 39 […] [Read More]

Enhanced technology not only makes vehicles more enjoyable for owners to have, but it also must be considered as finance companies structure their underwriting to account for the value of these features. Strategy Analytics recently released a study showing how smartphone mirroring features Android Auto and Apple CarPlay have become far more widespread across model […] [Read More]

If auto finance companies want a sharper glimpse at just how good the collateral attached to the vehicle installment contract they are underwriting might be, new tools arriving in April from CCC Information Services and LexisNexis Risk Solutions might have some ancillary benefits. CCC announced the availability of Artificial Intelligence-powered capabilities that use computer vision […] [Read More]

Perhaps what’s being leveraged in the rental car space could be making its way into other forms of auto financing, as traditional vehicle leasing remains strong and car subscription products gain steam. As new generations enter the work force and begin traveling for business and leisure, they are looking to engage with brand loyalty programs […] [Read More]

Machines might be handling more queries from auto finance company customers with potential results that human representatives continually strive to reach but perhaps fall a little short. One of the experts who spoke during the International Auto Finance Network Conference hosted by White Clarke Group back in January described how this approach uses artificial intelligence to […] [Read More]