As both car and truck values softened at a pace similar to what’s been seen during the past month, Black Book’s Anil Goyal and the company’s representatives at the auctions are noticing a clear strategy dealers are using nowadays as they walk the lanes or watch the online sales. “Dealers continue to remain interested in […] [Read More]

During Monday’s total solar eclipse, Karma Automotive took advantage of the rare occurrence with a multi-city shoot along the path of totality. Titled, “A Day to Remember,” Karma’s special video footage celebrates the historic event and the inspiration behind its own logo. “The inspiration behind the Karma logo was an eclipse, showing a spark of […] [Read More]

In this episode, Auto Remarketing publisher (and conference emcee extraordinaire) Bill Zadeits goes on the road to Nashville. While in the Music City, Bill chatted with Auction Edge president Dan Diedrich at last week's IARA Summer Remarketing Roundtable. Check out their conversation below. Download and subscribe to the Auto Remarketing Podcast on iTunes or on Google Play.  You can also […] [Read More]

LotLinx has expanded its VIN-specific shopper targeting technology platform, LotLinx TURN with the addition of LotLinx VS – VINdrop, the company’s latest new product that is designed to boost dealers’ end-of-month performance and revenue goals. The new product can generate up to ten additional sales in ten days through a blast of 15 low-funnel shopper […] [Read More]

More than 70 finance companies are now included with a technology startup that’s aiming to provide consumers with an online auto financing search and booking process similar to what they already can use to secure flights or hotel rooms. SuperMoney, which rolled out a similar personal loans platform back in April, this week officially launched […] [Read More]

What law enforcement determined to be deceptive practices associated with dealership advertising of financing options recently surfaced again — this time in New Jersey. Garden State attorney general Christopher Porrino and the state’s Division of Consumer Affairs announced that a Middlesex County dealership has agreed to pay $136,000 and change the way it does business […] [Read More]

The Council of Repossession Professionals (CORP) cautioned repo agencies about the potential pitfalls of using a locksmith company that might be mandated by a particular finance company client but could utilize employees who may not be aware or comply with specific state regulations. CORP explained through a post on the news section of its website […] [Read More]

Former Kelley Blue Book president and chief executive officer Paul Johnson has joined the board of directors at Vast, the parent company behind the CarStory Platform.   Johnson was at the helm of KBB for 13 years and also led software/hardware services startup CDMdata.   Vast said in a news release that Johnson’s “deep understanding […] [Read More]

Carvana added its 36th market on Wednesday, filling another key spot along the East Coast: Baltimore. Customers within 50 miles of the city who purchase vehicles on the Carvana.com can now have that car delivered as soon as the next day for free. This is the third city Carvana has added in the past eight days, […] [Read More]

David Hult will be the next president and chief executive officer of Asbury Automotive Group. The retailer announced Tuesday afternoon that Hult, who has been executive vice president and chief operating officer since November 2014, is set to succeed Craig Monaghan on Jan. 1. Hult will also have a seat on Asbury’s board of directors. […] [Read More]