EFG Companies launched a solution called Parts Wizard, a new technology platform aimed at reducing dealer reinsurance exposure, streamlining claims administration and increasing customer satisfaction. The company explained EFG’s Parts Wizard can automate the manual process of sourcing OEM, aftermarket, remanufacturered and used parts for vehicle repairs. In addition, sourcing parts through the Parts Wizard […] [Read More]

In response to the number of vehicle recalls, technical service bulletins and complaints continuing to set records each year, J.D. Power developed a new application to help auto industry professionals analyze vehicle safety data more efficiently. On Tuesday, the company launched what it has dubbed SafetyIQ, an online application that can integrate National Highway Traffic Safety […] [Read More]

String Automotive unveiled enhancement to its Dealer Positioning System (DPS) that can help dealerships proactively execute on the marketing data recommendations the system can provide. Named Strategy in a Box, String Automotive explained that the new feature takes the bedrock of crucial information that lies within the DPS and delivers precise marketing action items, model […] [Read More]

Direct-to-consumer car-buying platform Roadster announced a new service known as Roadster Express that will allow shoppers to buy or lease a new vehicle completely online with the dealer. Here’s how the process would work for new-car buyers: First, the shopper configures his or her vehicle online. He or she can see the entire deal, including […] [Read More]

Ken Shilson, president and founder of the National Alliance of Buy-Here, Pay-Here Dealers is giving operators a free preview of some of the data, information and recommendations that will be highlighted during the organization’s National BHPH Conference that’s set for May in Las Vegas. In this special webinar presentation, NABD will discuss five specific points […] [Read More]

Strategic Dealer Services (SDS) understands that since large amounts of buy-here, pay-here dealers’ capital are tied up in the sold vehicles out on the street, operators are continuously searching for new programs and products designed to help them manage the consistent money-in, money-out of day-to-day business. SDS explained that it saw the need in the BHPH […] [Read More]

If you ever get the chance to visit the offices of Auto Remarketing parent company S&A Cherokee, you may hear variations of the word “franchise” from time to time. One reason is obvious: “franchised” dealerships are a big part of our reader base and news coverage. Another: we’ve got quite a few football fans around here, so […] [Read More]

For the “Best CPO Dealers in the United States” edition of Auto Remarketing this winter, we asked top-selling Mercedes-Benz certified pre-owned dealers how the quality of CPO allows for flexibility of expanding financing terms to help buyers stay within their budget parameters. Here’s what they had to say. “Simply put, CPO vehicles command greater value than […] [Read More]

While currently holding the top market share position in retail auto financing, Ally Financial said late on Monday that it will appoint a new independent director to its board of directors in a strongly worded announcement where the chairman described how executives “are frustrated with the market perception reflected in the price of Ally’s stock.” […] [Read More]

More often than not, when a consumer first sets out to start the car-shopping process, he or she has an open mind.  New. Used. All kinds of different makes and models. It’s all fair game at the beginning; you’ve got a chance to influence that shopper.  But you had better do it before he or […] [Read More]