Scott Finkle is transitioning out of his leadership position with Auction Edge into an advisory role, the company announced Wednesday. Dan Diedrich takes over as president. Diedrich, previously a senior vice president, has been part of Auction Edge’s management team since 2012 and has worked in the industry for more than 18 years. He was also a […] [Read More]

Impact Auto Auctions has launched a revamped website featuring a new interface, an advanced search function and a streamlined registration process as well as two tools that are designed to make the bidding process easier for customers seeking salvage vehicles. One of those tools, My Auction Center, is a personalized dashboard that enables registered customers […] [Read More]

 A former chief operating officer with Elio Motors has co-founded a mobile-based on-demand, pay-per-mile vehicle subscription service. YOYO announced its official launch Tuesday, and the company likened its model to “checking out books at the library.” Members use a mobile app to choose a vehicle and delivery location, then a YOYO agent drives the vehicle […] [Read More]

Recent data suggests that there may be a good bit of untapped potential for the car business to make some headway with trade-ins.  And that could start with educating the public.  Half of the respondents in a recent CarMax consumer survey said they had a firm grasp on how much their trade-in was worth. But more […] [Read More]

Independent dealers and buy-here, pay-here operators who use Frazer Software to handle their DMS needs now have more options to serve their customers thanks to a strategic partnership the company finalized with F&I Express. Officials highlighted the integration of F&I Express with Frazer Software is designed to provide dealerships with the ability to digitally rate […] [Read More]

While the automaker contends there is a heightened public awareness of vehicle recalls, Mazda North American Operations acknowledged recall repairs remain comparatively low. To help both vehicle owners and franchised dealers, the OEM on Tuesday launched the new Mazda Recall Information Center — a website designed to help customers easily confirm if their vehicle is affected […] [Read More]

Autotrader announced Tuesday it has partnered with MSN Autos to provide vehicle listings for the automotive website. Through this partnership, MSN Autos users will have access to Autotrader’s dealer and private-seller listings; meanwhile, this allows dealers access to the consumer audience of MSN Autos. When a shopper is on the MSN Autos site, he or […] [Read More]

There was a bit of role reversal when it came to vehicle depreciation last week. “The steeper depreciation seen recently in the car segments slowed last week while the depreciation on crossovers and SUVs accelerated,” Anil Goyal, senior vice president of automotive valuation and analytics, said in the latest Market Insights report. Volume-weighted, overall car […] [Read More]

As CDK Global announced a $10,000 donation to the National Automobile Dealers Charitable Foundation’s Emergency Relief Fund, NADA continued to chronicle how dealership families have been displaced by the recent flooding in Baton Rouge, La., and surrounding communities. Preston Petersen, dealer partner and general manager of Team Automotive Group in Louisiana’s state capital, said 70 […] [Read More]

TrueCar said in a forecast Tuesday that used-vehicle sales for August could beat year-ago figures by more than 2 percent. The company is calling for a possible 3.30 million used-car sales this month, which would beat August 2015 by 2.3 percent. Last week, Edmunds.com also forecasted 3.3 million used-car sales for the month, down from […] [Read More]