Customers looking to finance or refinance their vehicles through Ally’s newly launched auto finance marketplace, Clearlane, will soon be able to complete financing online through a new digital signing capability. Built on top of its digital transaction management platform, officials highlighted the SmartSign technology from eOriginal will be incorporated into the Clearlane platform in July […] [Read More]

EFG Companies announced earlier this week that the company has achieved national recognition for its efforts across the entire organization. EFG was recognized in the 15th annual American Business Awards, receiving: • Gold in Communications Department of the Year • Bronze in Communications or PR Campaign of the Year under the Reputation/Brand Management Category • […] [Read More]

BMW Canada’s pre-owned division, which includes both certified and non-certified used cars, had its strongest April ever, the company said.  It moved 2,007 pre-owned vehicles for the month, pushing the year-to-date total to 7,018. The year-to-date pace is up 11 percent from the first four months of 2016. April followed what was the best-ever month […] [Read More]

KAR Auction Services reported a 14-percent year-over-year increase in first-quarter net income, pulling in $69.2 million, with operating revenues climbing from $758.2 million to $866.6 million. “Our first quarter 2017 results reflect a solid start to the year with contributions from across our diversified platform of businesses,” KAR chairman and chief executive officer Jim Hallett […] [Read More]

Pfaff Automotive Partners has added both Town + Country BMW and MINI Markham to its growing group of dealerships, the group announced on Wednesday. “We're excited today to welcome Town & Country BMW and MINI Markham into our family,” Pfaff Automotive Partners president and chief executive officer Christopher Pfaff said in a news rlease. “We share […] [Read More]

Kijiji has lined up entrepreneur and bestselling author Gary Vaynerchuk as its keynote speaker for its fifth annual Toronto DealerTalkx conference on Nov. 16. Vaynerchuk will share his expertise on digital media and discuss entrepreneurship and leadership in a way that embodies this year’s conference theme, “Dealership of the Future,” according to Kijiji. “DealerTalk is designed […] [Read More]

Car-ED, a new free tool for consumers in search of their next car purchase, officially launched this week. "After decades working for automobile manufacturers, we decided there had to be a better way for people who don't spend all day thinking about cars to find a simple list of vehicles that best connect to their […] [Read More]

dealerIQ announced that it has released its online trade appraisal platform tradeIQ, which is designed to produce increased user engagement on dealer's websites. The auto dealer software provider said by maximizing user engagement via the newly introduced platform, dealers can expect less abandonment and higher conversion, which leads to more website visitors into the store. "The […] [Read More]

As vehicle values remained relatively steady, multiple Black Book representatives walking the lanes with dealers last week noticed consignment volume softened. Before going into those observations, here are the numbers from the latest Black Book Market Insights report. Editors indicated car segments decreased value slightly last week, but overall both cars and trucks held fairly […] [Read More]

The National Independent Automobile Dealers Association added two new relationships with service providers aimed at helping operators turn more metal and generate profit. NIADA announced ddk marketing has joined with the association as its newest National Affinity Partner, offering NIADA members a free 90-day trial of its autogenius app. Also, Security Key Systems (SKS) now […] [Read More]