If you’re anything like the sports fans near Auto Remarketing’s offices in the area of North Carolina known as “Tobacco Road,”  the word “Raycom” immediately brings to mind ACC basketball. But Raycom Media’s tentacles go well beyond the Raycom Sports property with whom sports fans are familiar, including one recent transaction — its purchase of digital ad […] [Read More]

VehicleXchange LLC announced Monday that it has added automated GM Financial pre-qualification capabilities to its service lane lead solution. The tool, launched by Pearl Technology Holdings in January and otherwise known as “VX,” now allows dealers to pre-qualify customers through GM Financial within seconds. The VX system utilizes pre-screening technology from Experian to allow dealers […] [Read More]

TransUnion’s 2016 auto loan forecast — including its projection that delinquency rates are likely to remain unchanged — should allow the subprime auto finance industry to maintain two of its most important positions that can satisfy both consumers and perhaps regulators, too. Overall economic stability is likely to help finance companies originate more contracts with […] [Read More]

Dealers can now apply and be approved for access to Equifax consumer insights data in a matter of hours thanks to a new, streamlined onboarding platform released on Monday. Leveraging technologies from DocuSign and Salesforce.com, along with its own proprietary technology and process innovation, Equifax insisted that it helped to transform dealer credentialing from a […] [Read More]

Digital marketing firms have been encouraging dealerships to utilize tools such as blogs to engage shoppers as well as improve search results for years now. But why stop at one? That’s the question Steve Arsenault, chief executive officer of OneBigBroadcast.com, poses to his digital marketing customers. “What we have found over the years is that […] [Read More]

Dealer's Auto Auction of Huntsville, as well as Dealers Auto Auction of the Southwest, have recently received awards of various types, including organizational and individual acknowledgments. DAA of Huntsville announced Thursday that it was recognized as the Outstanding Promotion Event East Region Top Auction for 2015 during the Remarketing by Element awards ceremony at the […] [Read More]

KAR Auction Services announced the appointment of two new vice presidents on Friday. The company outlined that Toby Hahn has been hired as its new vice president of total rewards while Brad Jokovich has been promoted to the position of vice president of human resources. Jim Hallett, the company’s chairman and chief executive officer, welcomed […] [Read More]

CDK Global chief executive officer Steven Anenen will step down from his leadership post on June 30, the company announced, and taking on the CEO role will be Brian MacDonald, a current member of CDK’s board of directors. The company laid out its leadership transition plan in a news release on Friday, explaining that MacDonald will […] [Read More]

Looking back on November’s wholesale results, the picture painted is very much similar to previous months: Average auction prices were up month-over-month but flat year-over-year. And the uptick was largely due to truck prices. Wholesale vehicle prices in November averaged $9,883, an increase of 1.1 percent compared to October. This was 0.1 percent higher than year-ago figures. […] [Read More]

On the final page of its Q3 2015 Used Vehicle Market Report, Edmunds.com provides a pair of graphs that give a glimpse of the future in store for used-car inventory. The second of those graphs shows the combined OEM sales to rental fleets and leases in each of the five years prior to 2015. As you […] [Read More]