As lane watchers noticed dealers intensify their search for clean or better units, the latest Black Book Market Insights report showed truck segments continuing to out-perform their car counterparts. Ironically out of all segments — and perhaps a nod to the first official day of summer coming in a few days — editors found that […] [Read More]

ELEAD1ONE recently announced a partnership with automotive recall news and data provider Recall Masters to integrate real-time vehicle recall lookup data into the company’s lane management application Service1One. Getting recall status information via the app during the mobile check-in process not only saves time during the initial inspection stage but prevents potential upsets between dealers and […] [Read More]

Having reached 200 locations worldwide and updating its mobile app earlier this year, Copart made another significant move on Monday, announcing that it has acquired Cycle Express, which conducts business primarily as National Powersport Auctions (NPA). Officials highlighted NPA currently operates facilities in Atlanta, Cincinnati, Dallas, Philadelphia and San Diego. They explained NPA predominantly auctions […] [Read More]

In addition to sessions on financing, regulatory moves, industry disruption and more, the NIADA Convention & Expo this week will include a host of certified pre-owned-related sessions. The event, which began Monday and runs through Thursday, is being held at The Mirage in Las Vegas. Among the CPO sessions are: "Winning the CPO Retail Battle […] [Read More]

Janet Barnard, the president of Cox Automotive Inventory Solutions, will deliver Wednesday’s opening general session at the NIADA Convention & Expo. Her address on “Driving Wholesale Velocity Together” is set for 8:30 a.m. (PT) and will delve into “how evolving digital and mobile solutions can address rising off-lease vehicle volumes, changing customer expectations and set […] [Read More]

After participating in this year’s National BHPH Conference hosted by the National Alliance of Buy-Here, Pay-Here Dealers, technology provider DealerSocket is continuing to hit the trade show circuit with its comprehensive independent dealer platform. The company said its team has been hard at work rebuilding its technology solutions to ultimately produce a fully integrated, seamless […] [Read More]

Coming on the heels of the U.S. House of Representatives passing H.R. 10, the Financial CHOICE Act, in an effort to modify the Consumer Financial Protection Bureau among other objectives, the U.S. Department of the Treasury late on Monday issued its first in a series of reports to President Trump examining the U.S. financial regulatory system […] [Read More]

S&P Global Ratings reported that collateral performance in the U.S. prime and subprime auto loan asset-backed securities (ABS) sectors was mixed in April relative to March. Analysts indicated that while losses and recoveries continued to show seasonal improvement on a month-over-month basis, delinquencies rose. According to a report published by S&P Global Ratings, the prime […] [Read More]

Black Book is now powering the online vehicle valuations of the MyDealerOnline platform, the former announced Monday. For those not familiar with MyDealerOnline, its software lets dealers take wholesale vehicles and places them on the dealership websites. The end result is that consumers can then buy those cars from dealers. The platform, described as a […] [Read More]

Dominion Dealer Solutions’ CRM and lead management systems, Autobase and Web ControlTM, are now both premium CRM products for General Motors. As part of GM’s Dealer Technology Assistance Program (DTAP), Dominion has agreed to complete integration to all available GM DTAP Data service integrations by the end of Q4.  Through DTAP, GM makes its data […] [Read More]