There is a gap when it comes to trusting autonomous vehicles, according to a study released in January by Autolist.com, which says that division runs along some interesting lines — suggesting that some groups may be earlier adopters of self-driving cars than others. The survey, which included 21,322 vehicle owners, found that the number of females […] [Read More]

Event organizers hope their Irish eyes will be smiling as world leaders gather to discuss rapidly developing automotive technology. The global automotive and technology industries will assemble in Killarney, Ireland, this May for Electronomous, the annual forum for topics including electric vehicles, connected car technology, autonomous vehicles and more. The international event — with an […] [Read More]

On the heels of Santander Consumer USA joining the list of commercial banks and captives using the company’s mobile platform, AutoGravity enhanced its indirect loan and lease offer app thanks to a new relationship with Kelley Blue Book. AutoGravity on Tuesday announced the availability of Kelley Blue Book Trade-In Values in its platform. Through this […] [Read More]

Pearl Technology Holdings announced Tuesday that it will introduce its new pre-owned marketing platform — Pearl Pre-Owned — at the 2018 NADA Show in Las Vegas. The new platform will exclusively focus on pre-owned profitability and feature both consumer-centric vehicle sourcing tools as well as targeted and efficient marketing modules. “The elephant in the room […] [Read More]

myKaarma announced Tuesday the launch of – SmartAssist — a new artificial intelligence (AI) tool for its platform that acts as a personal assistant for automotive service departments by performing research and providing answers to customer questions. The AI powered tool is designed to speed up myKaarma user’s communication with customers, improve overall customer experience […] [Read More]

Avis Budget Group announced Monday a multi-year deal that will add 10,000 Toyota vehicles to Avis Car Rental’s growing fleet of connected vehicles. The company said Connected Toyota vehicles are expected to be available this September. “As connected car technology continues to evolve in the auto industry, we are rapidly adapting our fleet and rolling […] [Read More]

Fitch Ratings is keeping a close watch on how subprime auto finance paper is performing in a similar fashion to Equifax and  TransUnion. Analysts indicated that loss frequency and severity ticked up slightly from historically low levels for the largest U.S. auto finance companies, according to the latest U.S. Auto Asset Quality Review from Fitch Ratings. Excluding General […] [Read More]

REPAY – Realtime Electronic Payments made two significant moves this week. First, REPAY expanded its footprint in the automotive industry and deepened integration capabilities with the acquisition of PayMaxx Pro. Then, REPAY announced a new partnership with PassTime. REPAY chief executive officer John Morris explained the methodology behind bringing PayMaxx Pro into REPAY’s portfolio of […] [Read More]

CarStory announced Tuesday several new features now available for its recently launched sales prediction platform — CarStory Insights’ Inventory Intelligence — which enables dealers to monitor their local market. This follows news from last month that the company partnered with FordDirect to provide Ford and Lincoln dealers with a FordDirect website CarStory Market Reports for used-vehicle insights at no […] [Read More]

As part of our annual special issue honoring The Best CPO Dealers in the USA, Auto Remarketing shared the respective top 10 certified pre-owned sales leaders for a wide array of automakers. In addition to the lists of CPO leaders, which were based on full-year 2017 sales, we also connected with many of these dealers and asked them about […] [Read More]