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AutoPayPlus promotes 2 key executives in operations & analytics
Wednesday, May. 29, 2024, 11:55 AM
SubPrime Auto Finance News Staff
AutoPayPlus recently promoted two of its executives, elevating Amilcar Matus to senior director of operations, while Carl Moore was named senior director of CRM and data analytics. The payment processing company said the moves strengthens its leadership structure to better navigate the complexities of the market, while also supporting continued career development within the organization. […] [Read More]
Auto technology panels: Cox Automotive sheds light on EV adoption trends
Wednesday, May. 29, 2024, 11:45 AM
Arlena Sawyers, Correspondent
The road to broader consumer acceptance of vehicle electrification is fraught with slowdowns, challenges and bumps in the road.
Still, wider-spread acceptance of EVs is on the horizon and dealers — both franchise and independent — with support from automakers and/or industry partners such as Cox Automotive, are critical in helping that journey go more smoothly.
That’s according to Cox Automotive executives, who highlighted key findings in the company’s “2024 Cox Automotive Path to EV Adoption Study ” during a panel discussion here, May 9.
“We’re on this electrification journey.” ... [Read More]
Auto technology panels: AI creates efficiencies, profitability in wholesale car market
Wednesday, May. 29, 2024, 11:45 AM
Arlena Sawyers, Correspondent
During a May 9 forum with industry media in Detroit, Cox Automotive held a panel discussion on how it is using artificial intelligence to assist its wholesale customers with more accurate vehicle inspections and condition reports and marketing opportunities.
Participating in Cox Automotive’s AI panel discussion was Marianne Johnson, chief product officer at Cox Automotive, who said machine learning has been around for 20 years and predictive algorithms based on historical data is not new, either.
But over the last two or three years, technology has evolved into ... [Read More]
Auction news: NAAA opens convention registration; TPC to work with Airport AA
Tuesday, May. 28, 2024, 04:29 PM
Auto Remarketing Staff
Fresh off its annual lobbying event in Washington, D.C., the National Auto Auction Association announced it has opened registration for its 2024 NAAA World Remarketing Convention. The convention, set for Oct. 1-3 at the Hilton Bonnet Creek Resort in Orlando, Fla., brings the auto remarketing industry together for association business, honors, networking and educational content. […] [Read More]
To avoid getting pancaked by used-car price hikes, shoppers wise to stop waffling on purchase
Tuesday, May. 28, 2024, 04:25 PM
Auto Remarketing Staff
When that shopper is waffling over whether the timing is right to buy a used car, here’s a selling point a dealer can pass along to that indecisive consumer, courtesy of CARFAX. “It’s time to get off the fence if that’s where you’ve been sitting and waiting for the right moment to act,” CARFAX editor […] [Read More]
Repairify donates diagnostic tools to Collin College auto technology program
Tuesday, May. 28, 2024, 02:45 PM
Auto Remarketing Staff
Repairify is investing in the future of auto repair. The auto service/repair technology and data provider announced a donation of more than $180,000 worth of diagnostic tools to the automotive technology program of Collin College in North Texas as part of the company’s initiative with the Repairify Institute to support automotive training. The automotive technology […] [Read More]
Dealer news: CDK, Group 1 relationship extended; NY dealers’ donation to outfit Red Cross emergency response vehicle
Tuesday, May. 28, 2024, 02:33 PM
Auto Remarketing Staff
Two of the giants of the auto retail industry are renewing the vows of their marriage. Dealership software provider CDK Global and Group 1 Automotive have announced an extension of their agreement to provide the massive dealership group’s U.S. franchise stores with the CDK Dealership Xperience platform. The open and integrated platform is designed to […] [Read More]
Konnect updates magnetic GPS tracker
Tuesday, May. 28, 2024, 02:31 PM
BHPH Report Staff
Just before Memorial Day weekend, Konnect GPS announced the launch of a new, updated version of its magnetic GPS tracker. Konnect GPS said it can monitor a vehicle as well as other business assets because, unlike Bluetooth-enabled Apple Air Tags or Tile Mates, the company said its waterproof, mini wireless tracker is “completely undetectable by […] [Read More]
OpenRoad buzzing about its new rooftop beehive
Tuesday, May. 28, 2024, 10:45 AM
Auto Remarketing Canada Staff
OpenRoad Group is generating plenty of buzz these days. In honor of World Bee Day, May 20, the British Columbia-based dealership group established a rooftop beehive at its BMW Langley location in the Vancouver area. OpenRoad said the hive, which furthers its environment, social and governance commitments, “will provide a home for thousands of honeybees […] [Read More]
Autotrader acknowledges CPO when naming Best Cars for Recent College Graduates
Tuesday, May. 28, 2024, 10:02 AM
Auto Remarketing Staff
With many colleges and universities hosting their graduation ceremonies this month, potential buyers with fresh degrees might be walking into your showroom or scanning inventory on your dealership website. To cater to those particular purchasers, Autotrader released a list on Tuesday highlighting experts’ selections as the Best Cars for Recent College Graduates for 2024. Along […] [Read More]
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