DealerSocket chief executive officer Jonathan Ord described it as “very humbling” to have a conversation with employees last week when the technology company announced its fourth major acquisition since the beginning of the year. Ord made that statement since DealerSocket has gone from an idea sprouted in a garage with fellow founder Brad Perry to […] [Read More]

Digital-marketing solution provider TapClassifieds recently announced its launch of TapCars, the company’s first vertical extension into the auto-marketing space, aiming to put dealer inventory in front of car shoppers. “As our clients experience the power of inventory distribution marketing — where we make every car and truck ubiquitous across the digital landscape — they quickly […] [Read More]

It has been a busy 2015 for TrueFrame: new owners, new markets and new offerings.  For starters, TruePartners USA, which had been the largest licensee of the TrueFrame Report, bought the company from Red Mountain Technologies in July. At the beginning of the year, the third-party inspection service was available in nearly 20 markets; it’s […] [Read More]

FLD Inc. announced that it has named a new sales director. The company has appointed Mike Agnew as its national heavy-duty sales director. Bringing over two decades of experience to the position, Agnew will work as a wholesale heavy duty truck buyer, leveraging his experience from past experience working with OEMs, Kenworth, Peterbilt, Freightliner and Heavy […] [Read More]

The National Auto Auction Association Convention is just weeks away, and Auto Remarketing is celebrating the annual event and the auction industry with our yearly NAAA Convention issue. One of the special sections in that magazine (our Sept. 15 edition) is the annual “Auction Life” photo spread, where we invite NAAA-member auctions to submit photos […] [Read More]

Analysis compiled by Edmunds.com of used-vehicle financing activity during the second quarter at franchised dealerships turned up more evidence of the fuel igniting record-setting growth. According to the site’s latest Used Vehicle Market Report, the average amount financed moved 3 percent higher year-over-year to $20,732. “Loan terms are growing to offset higher prices but for […] [Read More]

Officials from eLEND Solutions recently unveiled an upgrade to the company’s CreditPlus solution that’s being dubbed, “Get Prequalified in Seconds.” The technology provider explained that this enhancement to CreditPlus can give dealers an online instant prequalification lending solution to elevate the online automotive retail financing process from basic prescreening to full prequalification. Officials insisted the […] [Read More]

F&I Express recently added PayLink Payment Plans to its online network of aftermarket F&I product providers. Officials explained that F&I Express has aggregated aftermarket insurance provider product information online to make the automotive retail F&I process more efficient for dealers and their customers. PayLink Payment Plans, a vehicle service contract payment processing provider, can create […] [Read More]

The entry-level luxury car has been a solid play on the car side of the new-vehicle market, with many consumers preferring utility vehicles over cars these days. Not to mention, says Autotrader senior analyst Michelle Krebs, marketing the luxury cars that are in smaller sizes and price brackets has given luxury brands the chance to […] [Read More]

Metro Auto Auctions has announced that is has named Bill Westlake its director of national commercial sales. Joining the company from the Cox Automotive family, Westlake began his career with Manheim as a senior staff accountant and corporate financial manager. He served as the director of national commercial accounts for the company from 2005 to […] [Read More]