CarStory, a provider of search and inventory data and analytics on used vehicles, announced on Monday that a technology powering its Market Reports has been awarded a U.S. Patent No. 9,465,873. The company highlighted this is the second patent awarded in two years for a technology utilized by CarStory Market Reports. To date, the tool […] [Read More]

It was just a little more than four months ago that the National Alliance of Buy-Here, Pay-Here Dealers hosted its annual convention in Las Vegas. However, Ken Shilson emphasized that two significant developments have happened since NABD gathered ahead of Memorial Day weekend, making its next BHPH Conference during the first days of November all the […] [Read More]

Auction Management Solutions continued to add to its roster of clients as the firm announced it has partnered with Dealers Auto Auction of Idaho, in Nampa, Idaho, for business development consulting.   Adding this location brings the group to 12 total clients, who also include: —Columbus Fair Auto Auction —Greater Quad City Auto Auction —Rochester Syracuse […] [Read More]

Automotive Compliance Consultants advised dealerships to remain vigilant and attentive to consumer business practices even though the U.S. Court of Appeals recently ruled the leadership structure of the Consumer Financial Protection Bureau is unconstitutional. “The CFPB has been the biggest regulatory bully in D.C. without shame, and with a total disregard for Congress and elected […] [Read More]

AiM and Manheim have completed the North American roll-out of AiM software to 79 Manheim locations in the U.S., Canada and Puerto Rico. The roll-out marks the first Manheim-wide deliverable of efforts between AiM and Manheim that started in May 2015. The main technology component of the roll-out is AiM Inspect Capture, a smartphone app […] [Read More]

Over 30 percent of respondents to a recent Total Dealer Compliance survey said they have submitted a complaint to a dealership, and more than half of them were dissatisfied with the resolution provided. TDC said the findings illustrate the importance of a clear complaint resolution process. In fact, 60 percent of consumers admitted that they […] [Read More]

If a shopper brings a truck in on trade, chances are likely — especially this year — that he or she will buy another truck. According to Edmunds.com, 74 percent of truck trade-ins through three quarters of 2016 have resulted in the customer buying another truck. Edmunds began tracking trade-in data in 2005 and said […] [Read More]

The zombies are here. Except instead of two legs, they have four wheels. We’re talking about zombie cars — discontinued makes and models that are coming back to life. CarGurus has dug through its “data graveyard” and compiled a list of discontinued vehicles for which consumer interest has steadily increased since 2014. According to CarGurus’ […] [Read More]

Building a successful certified pre-owned program takes work — and an in-depth understanding of your customer base. If you have a good grasp of your customers’ needs, you can easily identify which ones will be a good fit for a CPO vehicle. And by targeting those customers effectively, you can tap into today’s profitable CPO […] [Read More]

 In preparation for spinning off from its parent company next year and eventually becoming a publicly traded entity, Cars.com has hired a chief legal officer. The company said in a news release Monday it is bringing on former Orbitz executive James Rogers. Rogers, most recently senior vice president and general counsel for Orbitz Worldwide, will […] [Read More]