Late in February, the American Financial Services Association submitted a comment letter to the New York City Department of Consumer Affairs regarding the department’s proposed rules for independent dealers. According to AFSA’s latest installment of NewsBriefs, the proposed rules would implement Local Laws 197 and 198 of 2017, which passed the city council in September. […] [Read More]

Experian acknowledged that traditional credit attributes provide immense value for auto finance companies when making decisions. But when used alone, Experian insisted they are limited to capturing credit behavior during a single moment of time. To add a deeper layer of insight, Experian recently unveiled what company executives called the industry’s first tri-bureau trended attributes, […] [Read More]

At the 31st North Carolina International Auto Expo in Raleigh, where the Wake County New Vehicle Dealers Association showed off the latest hybrid, electric, SUV, compact and luxury models — Auto Remarketing caught up with Toyota’s East Coast communications manager Corey Proffitt and district training manager Rusty Foster. Proffitt highlighted what Toyota focused on when designing the latest features the […] [Read More]

Eighteen independent auctions took home honors Monday night in Las Vegas at the ninth annual OVE.com Awards show. OVE recognized top-performing partners in several categories. Both the first-place winner and second-place winner in each respective OVE.com Award category are listed below, in order: Highest Commercial Volume — Southern Auto Auction and Norwalk Auto Auction  Highest Commercial Mix — […] [Read More]

February shopper interest data recently released by Jumpstart Automotive Media suggests that a number of luxury-oriented consumers have been increasingly cross-shopping full-size pickup trucks. In addition to the full-size pickup truck segment now representing the third most-shopped, January luxury shoppers who were also cross-shopping trucks increased 22 percent from the previous month, while non-luxury shoppers […] [Read More]

Just over a month ago, Autotrader announced a revamp of the car-shopping site that, among other upgrades, would include online deal-making. That piece of the revamp would essentially allow consumers to start the buying process online through Autotrader and help transition them “from searching to buying when they are ready.” That project took a step forward on Monday. […] [Read More]

AutoTec announced Monday that AuctionACCESS has expanded its floor plan platform via the integration in EDGE AuctionOS auction locations. The integration allows participating lenders to centralize and automate the transmission of credit availability to EDGE AuctionOS locations. “We are thrilled to partner with EDGE AuctionOS on our floor plan platform,” AuctionACCESS vice president of business […] [Read More]

Dominion Dealer Solutions introduced its new cloud-based CRM — Dominion Vision — on Monday.  This follows the company's January release of its new DMS, Dominion VUE, which is hosted in the Microsoft Azure Cloud. Dominion Vision is powered by CRMSuite and features both customized reporting and consumer-focused communication tools including a virtual, personal assistant, “Olivia.” “There are […] [Read More]

AutoIMS recently announced the company’s plans to recognize its 20 years of business with a 20-week campaign set to begin Tuesday. The company said it will launch the upcoming anniversary campaign at the CAR conference in Las Vegas this week. “Our team is energized by the relationships and experiences of the past two decades. As it […] [Read More]

Certified pre-owned vehicle sales edged up by 0.4 percent in February, keeping the year-to-date sum ahead of 2017 through two months of the year. According to Autodata Corp., there were an estimated 212,116 CPO sales last month, compared to 211,225 certified sales in February 2017. Through two months, year-to-date sales of 415,139 are up 2.7 […] [Read More]