Podium recently announced the appointment of Matt Murray as senior vice president of strategic accounts as well as new partnerships with DealerSocket and DealerVault. Podium’s latest integration with DealerSocket and DealerVault automates dealers' common interactions, such as collecting reviews and sending text messages. The new partnerships will allow dealers using DealerSocket and DealerVault to integrate […] [Read More]

Having worked on a number of recent home improvement projects, I’ve learned that a weekend warrior is only as good as her tools. Through my work in the automotive software industry, I’ve learned that the reverse is also true — a tool is only as good as the person using it. The DMS is an […] [Read More]

Dent Wizard International said it is now accepting applications for several open technician and other positions across both the U.S. and Canada. With newly added and expanded services this year, the company is looking to bring aboard new techs to meet its growing demand, the company said. Current high-priority positions include paint technicians, paintless dent removal […] [Read More]

HGregoire officially opened two new Nissan dealerships in Quebec this week, raising its new-car dealer count to seven. The group also owns 12 stores that specialize in pre-owned Nissans. The new Nissan stores added to its lineup are HGregoire Nissan Vimont, and HGregoire Nissan Chomedey, both of which are located in Laval, Quebec. The group hosted […] [Read More]

ADESA announced Thursday that its Kansas City auction recently raised a total of $50,457 for a local children’s hospital. The auction held a special sale and live charity auction event named  “Cars-n-Kids” for Children’s Mercy Kansas City. In addition to donating $150 for every car sold during the sale, ADESA Kansas City sold event T-shirts, hosted a […] [Read More]

Pearl Technology Holdings announced Thursday that it has enhanced its on-demand automotive retail platform ShowroomXpress, also known as SRX, with the release of a dynamic website widget that can calculate and present six different payments to car buyers in seconds. The new SRX website widget functions within the SRP and VDP levels of dealers’ websites and provides […] [Read More]

Westlake Financial Services and Prestige Financial Services each announced updates about securitizations this week, combining for a total surpassing $1.1 billion. The larger of the two securitizations came from Westlake, which actually rolled out its largest issuance in company history. Westlake issued an $800 million asset-backed securitization (WLAKE 2017-2) backed by approximately $860 million of […] [Read More]

BSC America Auction Group said Thursday that its new facilities for the Bel Air Auto Auction in Belcamp, Md., will welcome customers in September following several years of planning and 24 months of construction. Bel Air’s new 185-acre location will also house BSC America’s corporate headquarters and regional staff, according to the company. The auction will host its […] [Read More]

There are likely to be fewer used-car sales this month than there were in July, but the seasonally adjusted annualized rate should stay in the neighborhood of 39 million units. Edmunds released a forecast Thursday projecting 3.3 million used-car sales for August, which would be down from 3.4 million in July. The resulting used-car SAAR […] [Read More]

Along with elaborating a bit about his upcoming retirement, America’s Car-Mart chief executive officer William “Hank” Henderson described how underwriting tightening in other areas of the auto-finance market is benefitting the chain of buy-here, pay-here dealerships. The market change is improving not only the caliber of customer Car-Mart saw during the first quarter of its […] [Read More]