On Monday, American Honda Motor Co. launched digital certification applications for its respective Acura and Honda certified pre-owned vehicle programs. The “Integrated Certification Engine” is a digital checklist designed to give Honda and Acura dealers a faster, easier and more accurate way to certify vehicles. The shopper, meanwhile, is able to go online and, for […] [Read More]

Along with sharing some insights on how new vehicles are being financed in the Houston market following Hurricane Harvey, Edmunds reported that nationwide used-vehicle financing trends in September remained stable. Analysts determined the average term for a used-vehicle installment contract written in September came in at 66.81 months, down just slightly from a year earlier […] [Read More]

This week, Santander Consumer USA Holdings made a trio of key changes to its leadership team under new chief executive officer Scott Powell, who took control of the finance company in late August. SCUSA announced that Juan Carlos Alvarez, corporate treasurer of Santander Holdings USA is succeeding Ismail (Izzy) Dawood as chief financial officer, effective […] [Read More]

Digital automotive ad technology company PureCars has purchased certain assets of competitor Showroom Logic, the company said Tuesday morning. PureCars said Showroom Logic’s SHL AdLogic platform will be provided alongside PureCars’ SmartAdvertising tool until a hybrid offering is available. The company also said it will bring in additional digital media strategists to support dealers on […] [Read More]

TradeRev now is completely part of the KAR Auction Services family of companies. KAR announced on Tuesday morning that it has acquired the remaining interest in Nth Gen Software, better known as TradeRev, which is a mobile app and desktop solution that facilitates real-time dealer-to-dealer vehicle auctions. KAR purchased a 50-percent stake in TradeRev in […] [Read More]

Drive Motors, a provider of ecommerce solutions for dealerships, said Tuesday it has hired former Showroom Logic executive Matt Weinberg as senior vice president of consumer experience. Weinberg was most recently chief strategy officer for digital marketing company Showroom Logic. “I’m excited to join the team during this pivotal phase for Drive Motors, a company […] [Read More]

CarStory announced a new partnership with Flick Fusion Video Marketing to combine its artificial intelligence-based autoindustry insights with Flick Fusion's SMARTFLICKS platform. Dealers can now automatically receive CarStory branded videos which can be added to their inventory at no cost. And Flick Fusion customers also have free access to CarStory Market Reports. "Anyone who has ever […] [Read More]

Autobytel is evolving as a provider of digital automotive services to connect potential vehicle buyers and dealers by changing its name. Effective next Monday, the company that started 22 years ago will be known as AutoWeb. In connection with this name change, the company’s stock ticker symbol will change from “ABTL” to “AUTO” on the […] [Read More]

A mid-September morning in Wilmington, N.C., feels a lot like Auto Remarketing’s previous visit to the D&E Mitsubishi grounds back in January Sunny skies, pleasantly warm. Auto dealers milling about, bidding on and buying cars from the Manheim auto auction sale happening on the property. Except this time around, instead of cars running through an […] [Read More]

BSC America hosted its first regular sale at its new Bel Air Auto Auction facility last month. Several county and elected officials, including Harford County executive Barry Glassman joined the Nichols family for a formal ribbon cutting event just before the auction opened the doors for its first sale. Following the sale, the Nichols Family […] [Read More]