Carvana has unveiled the Frisco Car Vending Machine in the Dallas area, the company’s fourth Car Vending Machine in Texas, joining the cities of Austin, Houston and San Antonio. The Frisco Car Vending Machine, located at 5252 State Highway 121, is the fifth of its kind in the country. It stands eight stories tall, contains four delivery bays, […] [Read More]

Ackroo announced on Tuesday its launch of Ackroo Anywhere, a platform integrated with CDK Global's dealer management system (DMS) that allows dealers to easily distribute rewards to customers in order to drive key marketing initiatives for their respective dealerships. With Ackroo Anywhere, dealers who utilize CDK's DMS can issue rewards without relying on customers or […] [Read More]

Financial advising firm UBS used the grim illustration of the “canary in the coalmine” at the beginning of a report it released this week involving the subprime auto finance space. To recap, that illustration stems from miners using caged canaries as a crude toxic gas detection method. While birds didn’t appear to be harmed as […] [Read More]

Below is a Q&A with Linda Paton, office manager at Greater Rockford Auto Auction and a 2017 Women in Remarketing honoree. Auto Remarketing: What was your path to the automotive industry, and what do you enjoy most about working in the car business? Linda Paton: My path to the automotive industry began in 1963, while in […] [Read More]

SiriusXM and announced  on Tuesday that through its Credit Union Program it has partnered with the New Hampshire-based Service Credit Union. The credit union's members will now receive a three-month subscription for the radio company’s “All Access” package if they purchase any pre-owned car fitted with satellite radio that is financed through the credit union. […] [Read More]

Misleading performance metrics in the automotive industry will erode the trust between vendors and dealers. These ramifications will have lasting effects for everyone providing marketing services to dealerships. Most dealerships are beginning to rely heavily on analytics to evaluate their marketing campaigns. Because many marketing products can’t be evaluated only by CRM data, leads and […] [Read More]

The Chicago headquarters of DRIVIN has all the trappings of a young, up-and-coming tech company. A mostly open-air format, with cityscape views, hardwood floors and even a bar for post-work gatherings. And these digs are housed in a Windy City building known for companies on the cutting edge of data science: 600 West. Or, as […] [Read More]

Consumers' increased interest in both trucks and SUV’s over sedans is a shift the industry will have to wrestle with even more this year, says John Rickel, senior vice president and chief financial officer of Group 1 Automotive. “The overall industry, if you go back two years ago, had a 50/50 split between cars and […] [Read More]

Below is a Q&A with Kathi Mehall, vice president of technology in auto at Equifax and a 2017 Women in Remarketing honoree.  Auto Remarketing: What was your path to the automotive industry, and what do you enjoy most about working in the car business? Kathi Mehall: You could say my entire path has been the automotive industry! With […] [Read More]

Auction Management Solutions (AMS) announced that earlier this month the firm partnered with Oklahoma Auto Exchange in Oklahoma City for business development consulting. Oklahoma Auto Exchange started back in 2005, offering a weekly sale every Wednesday morning across four auction lanes, operating in a facility consisting of 128,000 square feet situated on approximately 18 acres […] [Read More]