In the past, Manheim has hosted mobile auctions in some pretty unique locations — dealership lots, convention centers, NASCAR race tracks, even a minor league baseball park — but the company insisted the latest location tops them all. Recently, Manheim UK held what is believed to be the first vehicle auction at sea. The unique […] [Read More]

With fireworks popping because of the Fourth of July, Auction Management Solutions is celebrating too, and not just for patriotic reasons, as the consulting firm started by industry veterans Tom Stewart and Richard Curtis has reached its one-year anniversary. This past year, AMS highlighted that it has seen explosive growth in its core business of providing […] [Read More]

As buyers’ appetites for bigger and more expensive vehicles grow, Edmunds found the contract term length for new-model financing reached an all-time high in June with the terms for used-vehicle deliveries not far off that record-setting pace. According to a new analysis released on Monday, Edmunds determined the average contract length for new-vehicle financing stretched […] [Read More]

Automotive Internet Media (AIM) recently introduced AIMobile, a new product developed to help dealerships better target car shoppers on their favorite devices. AIMobile is an end-to-end solution that enables dealerships to reach known consumers across every device, browser and channel both on and off the dealership website. "We are at the beginning of a massive […] [Read More]

Park Place Dealerships has both moved its Jaguar dealership from Plano, Texas, to Grapevine and added the Land Rover brand to its portfolio. Construction for Park Place’s new store, Jaguar Land Rover DFW, is complete and is set to open on Saturday with a roster of 70 employees. This is the third dealership in Northeast Tarrant […] [Read More]

Along with taking a closer look at how volume will impact compact cars’ residual values, RVI Group’s Risk Outlook for June indicated that used-vehicle prices in May softened on a year-over-year comparison but ticked slightly higher on a sequential basis. The report indicated that real used-vehicle prices for 2- to 5-year-old units on a seasonally […] [Read More]

RVI Group’s Risk Outlook for June found that real used-vehicle prices in Canada decreased in May on a year-over-year basis. Analysts place the exact downward movement at just 0.4 percent. When compared to April, the May softening was a bit more notable, as RVI Group pinpointed the dip at 1.5 percent. Among higher volume segments, […] [Read More]

Lionel Wardrop, the general manager of Budget Car Sales in Vancouver, says looking at the market through a customer's eyes is fundamental to his dealership’s success. At Budget Car Sales, using live market pricing is how Wardrop said he ensures that each deal is first-rate. “We use software to check the retail marketplace and make […] [Read More]

Dealer Marketing Services, the makers of ProMax Unlimited, recently released Recall Check, a new feature for the platform that tracks open recalls. Recall Check was designed to monitor a dealer’s entire inventory for open recalls. “Recall Check gives our dealer customers a foolproof way to track all pertinent recall information and use it to generate […] [Read More]

This week, Pelican Auto Finance selected Payix to provide its collections tools, including its new mobile collections application. The tools are designed to help Pelican better connect with its contract holders and improve its ability to collect installment payments. The companies highlighted the mobile app and other tools are white labeled and integrate with Pelican’s […] [Read More]