Mercedes-Benz officially launched its previously announced vehicle subscription pilot on Tuesday in Nashville, Tenn., and Philadelphia. Mercedes-Benz USA, which first revealed its plans for the Mercedes-Benz Collection in April, is working with its captive finance arm and dealer body to run the subscription pilot. “We’re always looking to stay ahead of our customers’ needs and wants, […] [Read More]

Dealers expanding their wholesale search parameters to find the clean vehicles that fit their inventory needs impacted both the weekly and monthly wholesale price updates from Black Book. Taking a look first at the monthly view, Black Book on Tuesday released its Used Vehicle Retention Index for May, describing a 0.8-percent increase during the month […] [Read More]

What might the auto finance landscape look like this year? What are the key metrics to follow? Melinda Zabritski, senior director of financial solutions at Experian, has the answers in this podcast, recorded in March during AFSA's Vehicle Finance Conference in Las Vegas. The full discussion can be found below. Download and subscribe to the Auto Remarketing Podcast […] [Read More]

The Trump administration’s move on trade policy to impose tariffs on steel and aluminum imported from Canada, Mexico and the European Union has gained staunch opposition from some players in the automotive industry. Made effective Friday, President Trump has decided to no longer suspend tariffs on steel or aluminum imports from Canada, Mexico and EU […] [Read More]

Known for leading analytics at Cox Automotive Media Solutions, James Grace recently left the parent company of Autotrader, Kelly Blue Book and Dealer.com to form a new digital marketing company that can connect businesses with people using detailed customer data profiles. Grace introduced his company called Wizely on Tuesday at the CMO Digital Insight Summit in Sarasota, […] [Read More]

Buy-here, pay-here dealers in California who watch vehicles roll over the curb with buyers who have insurance challenges can take advantage of a new product offered by Westlake Financial Services. The finance company recently announced a new spot delivery insurance program, which is underwritten by Knight Management Insurance Services and now available to its dealer […] [Read More]

For operators looking for capital or how to handle the long-term future of their independent dealerships, perhaps Kelemen & Co. might be a financial resource to tap. On Tuesday, Kelemen, a private equity merchant bank that invests in mid-market companies and also offers tailored corporate advisory services, announced the launch of an $80 million investment […] [Read More]

Bernie Moreno Companies has launched a new fundraising campaign named “Keys for Kids”, that’s aimed at supporting children’s initiatives at three large hospital systems inside Northeast Ohio. The dealership group recently announced that its newly launched campaign will run into next year and benefit Cleveland Clinic, as well as MetroHealth and University Hospitals of Cleveland. Throughout […] [Read More]

After including Bing in a recent media campaign for one of its largest OEM partners, Dealer.com has been recognized for its investment in engineering initiatives that foster successful advertising campaigns with Bing. Named Bing Growth Hacker of the Year,  Dearler.com touts bringing in thousands of new advertisers to the Bing search network throughout the year, the company […] [Read More]

Automotive logistics services provider MetroGistics is rebranding. The company, which has acquired McNutt, AmeriFleet and Metro Title Services over the past four years, is now known as ACERTUS. In a news release, MetroGistics said its rebranding to ACERTUS “reflects the companies’ coming together to form a one-stop shop offering world-class vehicle lifecycle solutions to all […] [Read More]