CDK Global announced Thursday CarGurus has joined its partner program to allow dealers using CDK websites to gain exposure for their inventory on CarGurus.com and access leads from the site. As a CDK Global Partner Program participant, CarGurus reporting will be integrated into the CDK Dealer Command Center. The company said the integrated solutions will […] [Read More]

Through three quarters of 2017, one turn of phrase common among automakers reporting Canadian certified pre-owned vehicle sales is “best.” Whether that’s best year or best September, Canada’s CPO car market is rolling. Audi, for instance, is enjoying its best certified pre-owned sales year in history, the company said. It has sold 6,497 CPO units through […] [Read More]

To get a pulse on the 2017 regulatory environment, Auto Remarketing Canada reached out to leaders at the Ontario Motor Vehicle Authority (OMVIC) and the Alberta Motor Vehicle Industry Council (AMVIC). When asked what was top of mind for the regulatory bodies in 2016, Brian Osler, director of legal services for OMVIC, said what is […] [Read More]

Two operators in the auto finance space recently celebrated year No. 2 together. GWC Warranty recently marked two years of partnership with Metrolina Credit by joining the Carolinas-based finance company at the grand opening of its new corporate headquarters and flagship branch office in Charlotte, N.C. GWC Warranty and Metrolina first partnered in 2015, and […] [Read More]

LotLinx announced Thursday its upcoming expansion across Canada on Dec, 1 to offer Canadian dealers its TURN platform, which features the company’s VIN-View Optimizer (VVO) tool. The December launch will be by invitation-only and will include some of Canada’s largest and most influential dealership groups in key markets such as Toronto, Montreal, Vancouver, Quebec City, Edmonton […] [Read More]

Through the first three quarters of 2017, total bankruptcy filings have dipped a bit year-over-year. The American Bankruptcy Institute reported this week that total U.S. bankruptcy filings fell one percent during the nine-month span that concluded on Sept. 30. According to data provided by Epiq Systems, total filings came in at 589,088 cases, down from the […] [Read More]

FactorTrust finalized a partnership this week with leading analytics-driven marketing consultancy, DataLab Data Solutions (DDS), which couples high-quality, clean data with deep analytics and model development, giving its customers the best opportunity for successful targeted marketing programs. The addition of FactorTrust’s 275 million transaction records aids the analytics expert in executing that process to identify […] [Read More]

S&P Global Ratings certainly didn’t dismiss the Cox Automotive estimates that Hurricane Harvey may have destroyed 300,000 to 500,000 vehicles, while Hurricane Irma ruined up to 400,000 units. But analysts suspect any severe impacts on the collateral for auto loan asset-backed securities transactions (ABS) the firm rates will be temporary. “Although it is still too early to […] [Read More]

Carvana announced Wednesday that it has launched its newest car vending machine in Jacksonville, Fla., which is the company’s first in the state and seventh in the nation. The new fully automated, coin-operated car vending machine sits eight stories tall and holds up to 30 vehicles. The new Jacksonville Car Vending Machine comes a year […] [Read More]

Groupe PSA, owner of car brands Peugeot, Citroen and Opel, announced Wednesday that it has launched Free2Move, an app on which users can compare the location, characteristics and operating costs of available transportation options, in Seattle. This is the company’s first U.S. market launch. The Free2Move app is currently available in France, Spain, Germany, the United […] [Read More]