Revenue- and retention-building prepaid maintenance software Fidelis PPM acknowledged that more than 100 companies came to this year’s NADA Convention & Expo to marketed products and services aimed at making fixed operations more efficient and profitable.  Fidelis PPM said that the big question coming out of the dealer gathering in Las Vegas was this: did dealers […] [Read More]

DRIVIN, an online solution that aims to help dealers secure pre-owned cars at wholesale prices, teamed up with Experian Automotive on Tuesday to enable its dealer partners to utilize AutoCheck vehicle history reports. The company explained that dealers who work with DRIVIN to source and acquire inventory for their lot will have access to the […] [Read More]

About two years ago, Carfax launched Used Car Listings, the vehicle history report provider’s foray into showcasing dealership inventory directly to consumers. The company explained how the successes of that endeavor propelled Carfax into position to launch a vehicle value tool this spring. During a conversation with Auto Remarketing at the NADA Convention & Expo, […] [Read More]

Stop me if you’ve heard this one before: there’s a massive amount of used-car supply hitting the market this year. But the gobs of pre-owned inventory, particularly the off-lease variety, is a big story. And perhaps it gets oodles of attention because of just how stark the contrast is to a few years ago, when […] [Read More]

 Sandy Schwartz was taking an Uber. The Cox Automotive president asked the driver, how many miles do drive each year? “And he says, ‘Well, I used to drive 10,000 miles, but now that I’m doing this, I’m driving 30,000 miles,’” Schwartz said. The lightbulb goes off: two big potential business-generators there. “One is, he’s going […] [Read More]

Though it’s a bit early to tell how increasing off-lease volume impacted certified pre-owned sales in April, the gains have certainly pushed CPO sales in recent years and so far in 2016. But keep this in mind, Kelley Blue Book’s Alec Gutierrez said during a teleconference with reporters on Tuesday: Extra off-lease supply can be […] [Read More]

National Auto Auction Association members responding to the trade group’s annual survey reported $90.6 billion in sales in 2015, an increase of nearly 11 percent over the prior year. The number of units sold, 9.2 million, was an increase of 6.5 percent, while the number of vehicles entering auction rose by 5.7 percent, coming in […] [Read More]

Federal and state regulators have charged dealers numerous times with deceptive advertising trying to entice consumers. But the National Automobile Dealers Association recently spotted a campaign in which stores have been the target. NADA indicated some dealers may have received an email with the subject line “Local Expiring Leases.” The association noted the email also reads […] [Read More]

J.D. Byrider broadened its network footprint of buy-here, pay-here dealerships in Arkansas by bringing aboard its third store in the state. The second dealership for franchisee Matt Enderlin is located at 3301 South Zero St. in Fort Smith, Ark. Enderlin also operates another location in Arkansas about 160 miles away in Sherwood. The Fort Smith location […] [Read More]

Ally Financial chief executive officer Jeffrey Brown articulated a host of reasons why the finance company’s $800 million decline in originations year-over-year is not a cause for concern, as it set records in other metrics associated with first-quarter originations. Brown asserted that Ally’s originations “remained strong” as they came in at $9.0 billion, down from […] [Read More]