Automotive digital marketing and retailing technology provider DriveItNow’s patent-pending Shop-by-Payment digital marketing tool has been integrated into DealerPeak’s recently launched CarDog Solutions websites for independent dealers. From DealerPeak’s unified Web-based platform, online visitors can access DriveItNow's Shop-by-Payment tool to determine what combination of vehicles and finance programs they qualify for in real-time, the company announced Tuesday. “DealerPeak […] [Read More]

Alpha Auto Group, a dealership group based in Toronto, has set up shop in the U.S.  The retailer announced Monday it has purchased Oregon-based Wilsonville Group, a two-store operation that was acquired through AAG’s Alpha USA Holdings subsidiary. Alpha said Wilsonville Toyota and Subaru combined to pull in $346 million (CAD) in revenue last year […] [Read More]

Arguably since its inception some two decades ago in Silicon Valley, OPENLANE has been “pushing the envelope” when it comes to wholesale car marketplace technology. That continued in a big way Monday when parent company KAR Auction Services announced a “reimagined” version of the upstream vehicle auction platform designed to help OPENLANE’s 40-plus OEM and […] [Read More]

Dealerships can now leverage reporting capabilities provided by a communication platform that’s built to track, analyze, report and even re-route phone calls. Automotive technology provider dealerTELtoday announced Monday that its solution is designed to provide helpful data that can help dealerships backup marketing costs. Along with automatically adding all of the information to the dealership’s CRM system, […] [Read More]

Dealers managing vehicle-to-government (V2Gov) transactions across five select states can now more easily manage tax, title and registration processes by way of a new DMS integration with Auto/Mate Dealership Systems. Via its integration program, Open/Mate, Auto/Mate announced Monday that Vitu dealers who are interested in streamlining their registration and titling process for new and used […] [Read More]

Last month, Honda broke a certified pre-owned sales record that had stood for almost five years. There were 26,192 Honda CPO units sold in May, the strongest ever for the brand’s certified program. The previous record was set in August 2013, when Honda sold 25,139 CPO vehicles, the automaker said in a news release. Honda […] [Read More]

Wantalease.com is noticing the leasing promotions leveraged by automakers and dealerships during the spring are being kept in place as the industry moves into summer. Site officials reported that prices on most of today’s popular leases holding steady compared to May. Wantalease.com noted 36 different vehicles maintained their prices. Only one vehicle is currently offered […] [Read More]

It’s been a predictable spring for the U.S. auto loan asset-backed securities (ABS) market, and S&P Global Ratings said that’s been a good thing. It was so good, in fact, that one subprime-specific metric made a positive move for the first time in six months. According to the firm’s latest report, S&P Global Ratings highlighted […] [Read More]

Because of responses like “no,” “out of stock,” and “no appointments,” service providers could be losing almost $23,000 annually per location in revenue, according to insight data released from call analytics provider Marchex. Marchex Institute’s most recent study on auto service agent phone calls with consumers points out how much money stores can often lose […] [Read More]

Students in the Auction Academy's fifth class are done with half of this year’s training and development agenda for the two-year program, having already attended multiple sessions in Dallas and Birmingham, Ala., this year. In addition to beginning Certified Automotive Remarketer certification training last month, Auction Academy students got an opportunity to visit America’s Birmingham Auto Auction and ADESA Birmingham. […] [Read More]