General Motors Financial is gearing up for one of its largest annual wholesale events of the year that the consignor is hoping vehicle buyers see as being “out of this world.” GM Financial is hosting its fifth annual elite sales series, which gives dealers exclusive access to thousands of some of the best pre-owned GM […] [Read More]

Auto finance companies and buy-here, pay-here dealers are seeking to adopt more advanced and scalable GPS systems for risk mitigation. But Procon Analytics acknowledged this trend brings the inefficient process of managing both new GPS systems plus old devices that use legacy embedded technology. On Tuesday, Advantage GPS, a Procon Analytics company that can capture and […] [Read More]

The cadence of customer-payment improvement stemming from an injection of cash from the Internal Revenue Service surfaced again, according to the latest analysis from S&P Global Ratings. On Tuesday, analysts reported prime and subprime collateral performance in the U.S. auto loan asset-backed securities (ABS) market improved in February, fueled by a decrease in net losses […] [Read More]

Throw out most any topic in an interview, and Sandy Schwartz is likely to have a thoughtful, educated response. But if you really want the Cox Automotive president to talk with some passion, ask him a question on politics and economics. Like, for instance, the impact that automotive vendors might see from a tariff on […] [Read More]

Car and Driver, as it turns out, isn’t just for reading anymore. The Hearst Autos media property already had recently expanded editorial reviews, car listings and pricing information. Now, it has added a Trade-In Value tool and a Credit Score tool to make the buying process easier for both dealers and consumers. “Dealers and consumers […] [Read More]

PureCars announced Monday that it has joined the growing Volkswagen Dealer Digital Program to provide dealers with its multi-channel digital advertising platform — SmartAdvertising. Volkswagen’s dealer network can now access the PureCars SmartAdvertising platform for advertising solutions including paid search, dynamic retargeting and programmatic display campaigns. “We are honored to be recognized as a valued digital […] [Read More]

Netsertive announced Monday that the company is the latest to be named an approved partner of the Volkswagen Dealer Digital Program. With Netsertive’s digital marketing intelligence technology, Volkswagen can now equip its dealer network with performance-based digital marketing campaigns made to deliver local market sales. “Volkswagen understands that today’s customers are starting their research online […] [Read More]

With a record number of off-lease vehicles elevating supply, used-car interest continues to grow, according to newly released car shopper interest data from Jumpstart Automotive Media. The number of people cross-shopping used is climbing. Used cross-shopping is up 19 percent across Jumpstart, according to the company’s eighth annual Industry Trends and Insights book. Interestingly, the luxury […] [Read More]

The growing market of vehicle subscription services has a new entrant, and it’s one that has already lined up a key partner in the auto finance and wholesale space in Ally Financial. Mobiliti, a new subscription service based in Detroit, said it will work with dealers to provide a vehicle subscription option to consumers, and […] [Read More]

The best practice webinar series for dealers from Carfax will relaunch Thursday, and is now called the Carfax Insiders series, the company recently announced. Carfax's revamped webinar series includes two webinars that are geared toward helping dealers apply best practices at their used-car operations. “Get the Most out of Accident Cars, ” the first of two […] [Read More]