TradeRev has announced the release of TradeRev 4.0, the most advanced version of its mobile app. The newly updated platform leverages data and predictive modeling to deploy new features including bid assist, which aims to make digital auctions more efficient by detecting and erasing unrealistic bids using data analytics and machine learning models. Additionally, as […] [Read More]

The potential pool of customers who just filed for bankruptcy and could be turning to buy-here, pay-here dealers to secure transportation ticked up again in November. According to data provided by Epiq Systems, the American Bankruptcy Institute indicated consumer bankruptcies increased slightly in November as the 57,302 reported filings were 2 percent more than the […] [Read More]

The evidence continues to mount showing how much auto finance companies are tightening their underwriting and slowing the volume of subprime paper they're adding to their portfolios. Experian Automotive reported on Thursday that the number of consumers outside prime (with a credit score of 600 or below) notably decreased during the third quarter, hitting the […] [Read More]

Cox Automotive Canada announced Tuesday that is has launched a new campaign to bring attention to the numerous preventable accidents caused by distracted and impaired driving. As part of the campaign, Cox Automotive Canada has created three videos in both French and English for its media channels that will target the automotive community and Canadians […] [Read More]

The willingness of the car shopper to buy a vehicle entirely online is starting to grow, including the often complicated financing piece of the transaction. According to survey data from Chase Auto Finance, 47 percent of Americans said they’d be willing to take care of the entire car-buying process online.  The survey referenced above was […] [Read More]

New analysis shows which automakers are gaining the most from their holiday-season advertising. December interest in the luxury segment has grown by 10 percent since December 2014, according to new data from Jumpstart Automotive Media on the impact automotive holiday advertising has had on luxury shopper interest over the past several years. “Based on analyzing […] [Read More]

Ron Smith, the founder of Auto Remarketing and its parent company, S&A Cherokee, has announced his retirement, which will be effective on Jan. 1. Smith, who will remain a part-owner of S&A Cherokee in retirement, has gradually delegated day-to-day operational duties to fellow owners/principals Bill Zadeits and Chuck Norman over the past year. “Ron is […] [Read More]

Having increased in number each of the past seven years, lawsuits alleging violations of the Telephone Consumer Protection Act of 1991 (TCPA) continue to plague the consumer finance industry. As should be expected with an already complex statutory scheme, recent decisions have had a decidedly mixed effect, increasing potential exposure in some jurisdictions, while limiting […] [Read More]

When 2018 begins, a new leader will be at the helm of Audi Canada. The automaker announced on Tuesday that Giorgio Delucchi will be joining Audi Canada as president on Jan. 8, succeeding Daniel Weissland, who has been promoted to managing director of Volkswagen Group Canada. Delucchi is presently the sales director for Latin America and […] [Read More]

TRADER recently launched TRFFK powered by autoTRADER.ca, its new full-service digital advertising solution for Canadian dealers. TRFFK allows dealers to power local digital advertising campaigns and convert online traffic via data-driven solutions led by proprietary autoTRADER.ca data on in-market car shoppers. The program is now available in Quebec and will slowly be introduced to other […] [Read More]