One of the most important events hosted by the National Independent Automobile Dealers Association starts today with a new name and the organization’s most ambitious goals ever. A record number of independent dealers from across the nation are converging on the nation’s capital for the National Policy Conference and Day on Capitol Hill — formerly […] [Read More]

RoadVantage recently introduced what the F&I program provider called a “powerful and innovative” program for lease customers called Preferred LeaseCare. The company explained this new concept combines the “as you drive” benefits of RoadVantage ancillary products with a lease-end benefit, possibly saving the lessee thousands of dollars through the lease term. Preferred LeaseCare offers dent […] [Read More]

Recent projects completed by the Competitive Enterprise Institute and the Cato Institute again delved into unsatisfactory assessments of the Consumer Financial Protection Bureau. Coinciding with House Republicans chastising the CFPB over its investigation of Wells Fargo, a wide-sweeping survey conducted by the Cato Institute found that participants agree with an assertion previously made by the […] [Read More]

FrogData is the latest company to announce Friday that it has become an approved CDK Partner, and is now part of a marketplace made up of 300 partner companies that offer more than 400 different applications for auto dealers. FrogData can now seamlessly access dealer data for use in its Dealer Data Analytics Platform, which […] [Read More]

Florida. The Mid-Atlantic. New England. Illinois, Texas, Colorado and Arizona. California. Not only do these areas contain some of the largest cities in the country, but they are also areas where the commercial consignors utilizing CarLotz have heavy volumes of vehicles for the company to remarket at retail. So with a $30 million round of […] [Read More]

The National Auto Auction Association Convention — which is held in partnership with the National Remarketing Conference at Used Car Week — is just around the corner. And Auto Remarketing is celebrating the annual event and the auction industry with our yearly NAAA Convention issue. One of the special sections in that magazine (our Nov. 1 edition) is the […] [Read More]

Year-to-date auction volume on late-model vehicles wrapped up August just a shade under 2 million units, with nearly a 22-percent sequential hike for last month alone. According to the latest Guidelines report from J.D. Power Valuation Services, the late-model auction volume tally of 1.94 million units through August is up 6.67 percent from a year ago. The […] [Read More]

Sign up for BidOnMyTrade.com — a new online service that provides dealerships leads on purchasing used-cars for trade-ins — is currently free of charge to dealers and requires no obligation. The new service was designed to give car shoppers a quick way to trade in their vehicle without having to leave home, the company said. Additionally, independent […] [Read More]

CarMax posted double-digit increases in both net earnings and used vehicles retailed during the second quarter of its fiscal year. And the company highlighted on Friday that CarMax achieved those results even though six stores in Houston were closed for a week because of Hurricane Harvey, creating a “modest adverse effect” on comparable store used-unit […] [Read More]

Well, here’s a title Tom Brady and the New England Patriots didn’t win. With Friday marking the first official day of fall and football season already in full swing, Swapalease.com shared results of its NFL & Cars Survey, where thousands of drivers across the country made predictions about their favorite NFL teams, and also paired […] [Read More]