Online pre-qualified monthly payment marketing technology DriveItNow finalized a partnership on Tuesday with Purple Cloud, a provider of retarget marketing for dealers. Executives explained that Purple Cloud technology will reinforce DriveItNow’s monthly payment shopping process by driving shoppers who abandon the dealer website back to complete the buying process. DriveItNow’s patent pending technology can display real […] [Read More]

Though wholesale prices were on the way down as 2015 came to a close, there are a few factors that held rates in the lanes up last year, even as used supply began to grow. According to ADESA Analytical Services, wholesale prices in December averaged $9,763, down 1.2 percent compared to November. December’s average represented […] [Read More]

Cox Automotive announced Tuesday the appointment of Eric Jacobs as the company’s new senior vice president of corporate development. Most recently working for Dealertrack Technologies, Jacobs is now responsible for leading strategic business development for Cox, including mergers and acquisitions, while also continuing to create partnerships for the company’s client portfolio. Jacobs now reports directly […] [Read More]

ACA International released its first whitepaper on Tuesday as part of a new research initiative that aims to collect more original data about the credit and collection industry. Officials explained the goal of this exclusive research and analysis is to quantify the ways that debt collectors help consumers and the overall economy. This first whitepaper […] [Read More]

Many customers that choose to buy certified pre-owned do so because they want a like-new experience without the price tag. If this mindset rings true for some of your shoppers, you might want to take note of Autotrader’s latest list. Autotrader analysts picked 10 luxury CPO vehicles and 10 non-luxury CPO vehicles that are “almost […] [Read More]

A new auction simulcast solution has officially hit the market — and it is one that was developed by the pair of brothers who were brought in to design AuctionPipeline.com in 2005. Auction Frontier LLC, a company founded by Scott and Brad Suchomel that focuses on online auction solutions, announced Tuesday it has launched Velocicast. “After many years […] [Read More]

As the nation celebrated Martin Luther King Jr. Day, Toyota Financial Services and the Ford Motor Company Fund joined the festivities with actions that aimed at augmenting principles upheld by the famed civil rights leader. TFS is continuing its support of Historically Black Colleges and Universities (HBCUs) and their communities, by providing $60,000 to five […] [Read More]

Although there have been plenty of articles written about how to prepare vehicles for shipment and how to save transportation costs and time, not a lot has been written about the other end of the process: how to receive shipments at your dealership. It doesn’t make sense to spend a lot of time and money arranging […] [Read More]

Pay heed, auctions, consignors and dealers: The National Auto Auction Association has an amended arbitration policy that will become effective Feb. 1 and covers a few handfuls of areas that could impact your business. The association has also made changes to its structural damage policy and has a new flood, puddle or stream policy. Both […] [Read More]

ADESA announced Monday it has promoted a new executive director of dealer relations. Ryan Warzynski, who has been with ADESA for more than a decade, has been chosen for the role.   Warzynski, most recently national sales director, in his new position will manage all of ADESA’s dealer contact centers for vehicle inventory at the […] [Read More]