Sonic Automotive sure enjoyed a record-setting first quarter as the dealer group reported six different new milestones as a part of its latest financial statement released earlier this week. Sonic said it posted new highs within six different metrics, including a trio related to its used-vehicle and F&I departments. Starting from the top, the dealer […] [Read More]

Access to key vehicle information from iSeeCars to help in car-buying decisions has gotten a bit easier with the help of a new app from the company. iSeeCars.com recently announced the launch of its free VIN Report for Used Cars app. The new app enables shoppers to easily scan a vehicle’s VIN barcode with their phones and […] [Read More]

Dealerships of all sizes oftentimes sell vehicle service contracts and extended warranties in their F&I offices. Now a company has come on the scene looking to offer VSCs and extended warranties for consumers who are utilizing their vehicles for services such as Uber, Lyft, Juno, Via, and other up-and-coming apps. This week, Rideshare Guardian rolled […] [Read More]

Already with a strong presence in Canada, TransUnion is continuing to broaden its global credit market footprint with another move in Europe. Roughly six months after acquiring alternative data provider FactorTrust in the U.S., TransUnion recently announced an agreement to purchase Callcredit Information Group, the second largest and fastest growing consumer credit bureau in the […] [Read More]

DriveTime retails a lot of metal to consumers through its nationwide footprint of dealerships. Now the company wants to help its inventory buyers acquire necessary units from the wholesale space. Earlier this week, DriveTime announced what it’s dubbed the “Genius Way to Buy a Car” at auctions with the launch of Buyonic. Available on either desktop or […] [Read More]

Used-car sales this month are likely to decline modestly from March, but the seasonally adjusted annualized rate should remain steady. That’s according to an analysis released this week by Edmunds, which projects April used-car sales of approximately 3.5 million units. That would be down from 3.7 million in March. The SAAR for both months, however, […] [Read More]

Consumers who visit Subaru.ca will be able to chat directly with salespeople at any of the over 90 Subaru dealers across Canada through a new digital platform. Subaru Canada announced Tuesday that it will launch the DMT Group's DIGITAL! Interview platform to provide consumers an easy way to connect with sales staff while shopping. “The ability to have potential […] [Read More]

Search Optics will implement a fully-integrated digital marketing strategy across all of Hyundai’s dealerships within the Canadian market. The company announced Tuesday that it has newly partnered with Hyundai Auto Canada Corp. and Innocean Worldwide Canada to provide a single-source digital marketing solution that can deliver brand consistency across corporate, Dealer Advertising Associations (DAA) and […] [Read More]

Some franchised dealerships highlight their concierge-level services for their customers who need vehicle repairs and maintenance. Now, independent and buy-here, pay-here in five major markets can provide a similar level of services thanks to a new product addition from Fidelis PPM. In an effort to attract more customers and sell more vehicles, Fidelis PPM recently […] [Read More]

Not only is the investment community finding ways to fuel auto finance companies that originate paper, they’re also navigating paths to secure firms that provide critical ancillary services that help foster the entire process. According to news release distributed on Thursday, SNH Capital Partners announced the acquisition of ProMax, a leading SaaS provider of marketing […] [Read More]