FactorTrust recently released findings from an industry-wide survey on the use of alternative data in the non-prime auto financing space, which indicate that alternative data is being more commonly used for underwriting purposes in this market. The survey, sponsored by FactorTrust in conjunction with Connections Insights, investigated participants’ goals, uses and sources associated with alternative […] [Read More]

No matter what size screen consumers might be seeing the promotional message, securing budget is the current biggest concern for automotive marketers, according to a recent study. In today's ever-evolving digital landscape automotive marketers must capitalize on every opportunity online to engage shoppers to remain competitive, making it a challenge to decide which aspects of […] [Read More]

To kick off summer, the Jim Ellis Automotive Group wrapped up a successful charitable campaign where a portion of each sale during the month of May went to support local first responders.  Thanks to the support of old and new customers alike, a total of $65,000 was raised and is being divided evenly between 10 […] [Read More]

Thanks to a new patent from the U.S. Patent and Trademark Office, Cars.com produced what the company said is a first-to-market solution that can pinpoint key mobile shopping data from consumers actively looking for vehicles on dealer lots nationwide. Using Lot Insights technology, Cars.com created the new On-the-Lot Trends Report by analyzing mobile consumer shopping behavior […] [Read More]

In lieu of the traditional test drive, a number of shoppers are most interested getting the best deal possible, says eAutoLease chief executive officer and founder Zoriy Birenboym. “You can do pretty much everything without leaving the comfort of your home or office or school, or where ever you maybe. Once you choose and you decide with one of […] [Read More]

ADESA’s Boston-area location recently celebrated its 70 years in business with two special events last month. In June, ADESA Boston held both an anniversary sale and a car show/motorcycle run fundraiser. ADESA Boston’s 70th-anniversary sale drew a number of additional dealers and vehicles. The array of vehicles included notable drives such as a 1941 Chevrolet pickup […] [Read More]

In this week's episode, Mark Vickery, senior director of performance management at VinSolutions, joins the show. He and Joe  talk about the implications of plateauing new-car sales for dealers, the company's VinWorx event and more. Download and subscribe to the Auto Remarketing Podcast on iTunes or on Google Play.  You can also listen to the latest episode in the […] [Read More]

At the Auto Remarketing Canada Conference earlier this spring, SCI Marketview president and chief executive leader Alan Bird was recognized as the 2017 Executive of the Year, an award presented by Canadian Black Book. Prior to the conference, Conrad Galambos in Canadian Black Book media relations put together a Q&A with Bird, which is featured […] [Read More]

Remember “there’s an app for that?” It was the marketing slogan for one of the earlier generation models of the iPhone. For today’s dealers, facing the dizzying array of product marketing solutions being pitched from all corners, it might feel like there’s an endless loop of that old slogan squawking away somewhere. The question is, […] [Read More]

Scott Davidson, president of Stop 23 Auto Sales in Listowel, Ontario, says he is passing the torch to the next generation of owners. In May, Davidson’s sons Jason Davidson and Justin Davidson, along with Bill Watson, have transitioned into owner partners of the dealership. When asked to name the top challenges independent dealers face in […] [Read More]