CarClicks recently introduced its partnership with Autobytel that integrates its Autobytel Direct product to CarClicks’ existing automotive network, which promotes dealership inventory online. “Online automotive has evolved, and the need for digital agencies to provide innovative, results-driven solutions has never been more critical,” said Jeff Coats, president and chief executive officer of Autobytel Inc. “Autobytel […] [Read More]

Retail demand weakened in October while wholesale prices continued to soften. In his latest Kontos Kommentary report, KAR Auction Services chief economist Tom Kontos asserted that weak retail demand may have been a reflection of uncertainty before the election. For the first time this year, new vehicle sales on a year-to-date basis fell below last year’s […] [Read More]

The National Auto Auction Association has announced the winners of its Pioneer Award and Bernie Hart Memorial Auctioneer of the Year Award. The awards were revealed at the Auction Insurance Agency Luncheon on Wednesday at the NAAA Convention/National Remarketing Conference during Used Car Week. The 2016 recipient of the Bernie Hart Memorial Auctioneer of the […] [Read More]

LotPop announced the launch of LotScore on Tuesday, an inventory scoring system which reports dealers’ top inventory and market indicators to help boost their used vehicle sales. “Dealers using inventory management systems have access to so much data the information confuses decision-making. Instead, LotScore distills that data and, along with analyzing third-party party website data, presents […] [Read More]

Last week, Kelly Blue Book announced the winners of its 2017 Best Buy Awards, which honor the top new model-year vehicles on sale through evaluation of vehicle’s transaction prices, 5-Year Cost to Own data, and retail sales information. Of the more than 300 new-car models available for 2017, the new Honda Civic is recognized as […] [Read More]

Carvana announced today it is launching in Memphis, Tenn. — its 19th market and 10th new one this year. The company says it can now offer free, as-soon-as next-day car delivery to more than 127 million customers nationwide, including 2.6 million customers in the Memphis metropolitan area. “As the largest city in Tennessee with close proximity […] [Read More]

Unveiled Tuesday at Used Car Week’s CPO Forum were the fourth annual Vincentric Best Certified Pre-Owned Value in America awards. A recap of the winners:  Taking top honors in the truck brand category was Chevrolet, recognized for its Silverado lineup.   Ford earned recognition in the van category for its T-Series vans.   Lincoln took […] [Read More]

Integrated Auction Solutions has announced a pilot of what it’s touting as the newest, most advanced marketplace in the wholesale industry. Beyond the functionality of a standard marketplace (bid, proxy, wish list, watch list, sort and find inventory), IAS has added features it says will command the attention of online buyers. The IAS Marketplace will […] [Read More]

J.D. Power’s 2016 U.S. Tech Experience Index Study found that owners who learn how to operate the technologies in their vehicles from their dealer have higher overall satisfaction than those who learn how to handle the technologies through some other source or from prior experience. On average, across all technologies, satisfaction drops 98 points when owners […] [Read More]

This year marked the 50th anniversary of the merger announcement between the American Football League and the National Football League, creating the foundation for today’s NFL.  And, of course, the Super Bowl. At Used Car Week, we have a little merger of our own.  The National Remarketing Conference and the NAAA Convention are joining forces […] [Read More]