DealerSocket is gearing up for the upcoming National Independent Automobile Dealers Association Convention and Expo with a half dozen new product releases and enhancements through the end of the year. Dealers attending the event that runs from Monday through Thursday in Las Vegas can drop by Booth No. 1301 to see full demos of the […] [Read More]

AutoNation announced that is has signed an agreement to acquire Centennial Chrysler Jeep in Denver. This will be the company’s 18th Denver-area store, and its 30th FCA store. Last year, this store sold more than 3,000 new and used retail vehicles, with about $110 million in annual revenue. AutoNation owns and operates 367 new vehicle franchises nationwide. “We […] [Read More]

The four Overby siblings have math stars as bookends: My older sister, the former high school mathematics teacher; my younger brother, the civil engineer. Ten years of age separate those two, but part of what unites them is their sharp talents when it comes to numbers. That and math jokes. But the power of computing […] [Read More]

Momentum to modify how the Consumer Financial Protection Bureau is structured and operates gained more steam this week. Soon after the U.S. House Financial Services Committee chairman outlined his plan to revamp the Dodd-Frank Act and more, the House Appropriations Committee’s fiscal year 2017 Financial Services and General Government Appropriations bill passed out of the […] [Read More]

Mark Sargeant insisted banks and other capital providers are interested in the tool AUTOMAP Tracking Solutions offers: a product that can reduce the time it takes to complete an audit to minutes instead of days while mitigating risk. Here’s boiler plate of what AUTOMAP can do: A device is inserted into the on-board diagnostics (OBD) port […] [Read More]

Carfax on Friday announced that Mark Rousseau has joined the company as president of CarProof. Rousseau, who most recently was with LexisNexis, will oversee continued efforts to expand the scope of information reported to CarProof, to develop innovative products that unlock the full potential of vehicle history, and to grow awareness of the company’s ability […] [Read More]

On Friday, QuotePro joined with the National Independent Automobile Dealers Association as its latest National Member Benefit Partner, offering cash-accepting payment kiosks to the association’s growing buy-here, pay-here dealer base. QuotePro’s payment kiosks can eliminate the overhead and risks associated with handling cash payments, including the element of human error, safety concerns and scheduling challenges […] [Read More]

Global online vehicle auction company Copart has acquired a location in Candia, N.H. "If you look at Copart's recent expansions and acquisitions, it's clear that we are experiencing significant growth," Copart's chief executive officer Jay Adair said in a news release. "Candia is a great location that will allow us to better serve Manchester and surrounding […] [Read More]

Choose your words carefully. Turns out this adage is as relevant on the showroom floor as it is anywhere else. Through its “Language of Closers” research, CDK Global found there is optimal verbiage car dealers can use to boost their chances of sealing deals. The top word used by closers was “provide,” used mostly in […] [Read More]

At least two brands notched best-ever certified pre-owned sales results in Canada last month, as the market continues to gain traction with several brands. Subaru reached an all-time high with 249 CPO sales in May, pushing its year-to-date total to 862. Meanwhile, Volkswagen posted a record 1,935 CPO sales (up 0.1 percent year-over-year). Year-to-date sales […] [Read More]