Mercedes-Benz USA said it has received approval from the U.S. Department of Labor and Department of Veterans Affairs to become the first luxury automotive manufacturer to offer a Registered Apprenticeship Program. MBUSA’s new 16-week technician training and development program, Mercedes-Benz DRIVE, trains veteran and non-veteran candidates for in-demand technician careers at authorized Mercedes-Benz dealerships. The […] [Read More]

ADAM Systems, provider of dealer management solutions, recently announced that its DMS has been fully integrated with retention solution Xtime Spectrum, a Cox Automotive brand. “We are excited to expand our already extensive offering to our client base. The ADAMConnect API continues to allow us to partner with industry leading solutions, like Xtime Spectrum, and […] [Read More]

The Chrysler brand and Kango, the app-based, rideshare service for children, recently announced a new partnership that will make a fleet of new Chrysler Pacifica Hybrid minivans available to eligible Kango drivers for lease in San Francisco. The California-based Kango said Chrysler Pacifica Hybrids will be available to its San Francisco Bay area drivers beginning this […] [Read More]

In the latest installment of the annual Power 300 issue of Auto Remarketing, we go behind the scenes with some of the leading companies in the used-car space and their top executives with a few Q&A features. Next up in this series is Mike Black, president and chief operating officer at Dent Wizard International. The emailed Q&A is below: Auto Remarketing: […] [Read More]

In the latest installment of the annual Power 300 issue of Auto Remarketing, we go behind the scenes with some of the leading companies in the used-car space and their top executives with a few Q&A features. Next up in this series is Patrick Dudash, senior vice president of sales at XLerate Group. The emailed Q&A is below: Auto Remarketing: […] [Read More]

Dealers could benefit from a new program to help them turn their new models from Jeep, Hyundai, Ram, Dodge, Fiat and Chrysler. LegalShield, a consumer membership company that allows subscribers to connect with law firms for personal legal advice or assistance, formed a partnership on Monday with BonusDrive, a firm that can deliver benefit programs […] [Read More]

The record-setting streak for the Manheim Used Vehicle Value Index reached three months in a row when Cox Automotive shared the new reading on Monday. The report indicated wholesale used-vehicle prices (on a mix-, mileage-, and seasonally adjusted basis) increased 0.75 percent month-over-month in July. This rise brought the index reading to 130.3, which was […] [Read More]

The next series of free skip-tracing training webinars hosted by Alex Price, the director of risk solutions at Digital Recognition Network (DRN), begins this week. An expert in skip-tracing with more than 30 years of experience, Price is beginning this quartet of 45-minute training sessions on Wednesday at 2 p.m. ET. Among the points Price […] [Read More]

A top expert at S&P Global Ratings gave two reasons why she now expects the Federal Reserve’s interest-rate policy to remain on hold through the rest of the year. S&P Global U.S. chief economist Beth Ann Bovino explained that factors giving the Federal Reserve reason to pause on raising rates this year after it announces its […] [Read More]

Psychographic analysis involves the study of how people live, what interests them and what they like, according to the American Marketing Association. Equifax auto lending sales leader Craig Sims acknowledged finance companies are leveraging psychographic personas in order to target specific consumers with appropriate offers to use on their next vehicle purchase. But when it […] [Read More]