In-car Internet service provider Autonet Mobile recently improved the inventory monitoring capabilities of Dealer Connect, its year-old connected car technology platform built to support fleet and dealership operations, the company announced on Monday. Dealer Connect’s new updates allow dealership and fleet management to now view all of their connected vehicles on a single map, track […] [Read More]

Toyota and Mercedes-Benz have earned top mainstream and luxury brand honors, respectively, in the second annual ALG Pre-Owned Values Awards. The awards, announced Monday, recognize the 2-year-old vehicles expected to retain the most value over the next three years, ALG said in a news release. In addition to the overall brand winners, the POVA’s recognize […] [Read More]

The elimination of federal tax incentives would mean a fender-bender, if not a more serious “crash,” in the electric vehicle market, according to a report released Friday by Edmunds. And there certainly are some implications for the pre-owned side of the EV market. Would a lack of a tax credit on the new EV side indirectly […] [Read More]

Cox Automotive announced that on Monday, the company will launch Flash Forum, a new complimentary educational webinar series created to instruct dealers on how to improve results and successfully grow their wholesale and retail operations. Cox Automotive’s client education services team and subject-matter experts from the company’s various brands will host the 30-minute webinars. The […] [Read More]

During his last quarterly conference call on behalf of Cox Automotive, chief economist Tom Webb on Friday covered a wide range of used-vehicle topics, including an update on the Manheim Used Vehicle Value Index. Webb explained that wholesale used vehicle prices (on a mix-, mileage- and seasonally adjusted basis) declined 0.5 percent in March, relative to February.  […] [Read More]

Three fundamental reasons why auto dealerships find converting leads into buyers an obstacle are: inadequate explanation of the pricing and value proposition, lack of timely follow-up and not using leads' preferred follow-up communication methods, according to recent study results released by AutoLoop. "To increase lead conversion rates, the studies' results shine a spotlight on three […] [Read More]

Copart on Friday launched the newest version of the Copart Mobile App, available for Apple iOS and Android devices. The Copart Mobile App is designed to give buyers the ability to attend Copart’s live auctions from anywhere. With this new update, Copart said buyers will enjoy a faster, easier user experience. “Each new iteration of […] [Read More]

Reviver, creator of the “rPlate” digital license plate, announced that the company has appointed a new chief strategy officer to help promote and implement various development strategies for the growing San Francisco-based tech company. Chosen for the position is Allan Cooper, who most recently headed Cooper Media Group, a firm directed at helping automotive clients […] [Read More]

The American International Automobile Dealers Association (AIADA), along with Cox Automotive, will host a free AutoTalk webinar on April 18 to discuss best practices for hiring and retaining dealership employees. The upcoming talk will feature Nicole Ashe, Cox Automotive’s vice president of talent, diversity, and culture. AIADA said Ashe would expound on the following list of topics. […] [Read More]

Following the first-quarter, the growing demand for light trucks over cars will continue to be noticeable, but this will likely be more of a quandary for creditors rather than dealers, says National Automobile Dealers Association chief economist Steven Szakaly. “The falloff in those sedan prices and then the returns of those leases are much more […] [Read More]