IHS recently acquired the business assets of Dataium in a move company officials said can provide enhanced capability to IHS Automotive offerings through the extensive compilation of online automotive shopping behavior. Every month, Dataium observes more than 20 million automotive shoppers across automotive websites and then aggregates, indexes and summarizes this data into key and […] [Read More]

Carvana announced today that it has continued its expansion in the southeast with free next-day delivery to customers in Birmingham, Ala. This location is the fourth in the region for Carvana, which expands their reach to 2.2 million consumers with next-day delivery there as well as in Atlanta, Nashville and Charlotte. “In the last year, […] [Read More]

The Mazda Foundation, the OEM’s philanthropic arm, is teaming up with the After-School All-Stars to help bring awareness to the dangers of distracted driving. The Atlanta chapter of the After-School All-Stars — a provider of year-round afterschool programs — is partnering with the Mazda Foundation and Project Yellow Light to host the upcoming “Super Saturday […] [Read More]

Larry Dixon, senior manager of market intelligence at NADA Used Car Guide, dissected the possible storm cloud building that could rain on the auto finance parade that’s been marching nicely for more than four years now. While outstanding auto receivables haven’t passed the $1 trillion threshold, Dixon referenced Federal Reserve data that shows student loan […] [Read More]

Not long after small bank and credit union executives went to Capitol Hill to describe the rule-following load placed on them by the Consumer Financial Protection Bureau among other federal regulators, Sen. Mike Crapo introduced legislation he said would ensure that agencies identify all “unnecessary, outdated and unduly burdensome” regulations.  Crapo explained the Federal Register […] [Read More]

A former examiner with the Federal Reserve Bank of Atlanta now on staff at Equifax will host a compliance webinar aimed at helping finance companies and dealerships handle the impact of the Consumer Financial Protection Bureau. Cris Larche, senior director of regulation and compliance at Equifax, will talk about the key regulations now enforced by the […] [Read More]

Ally Financial launched a new ad campaign on Monday that the finance company highlighted is meant to illustrate the “human side” of the business by showcasing the passion Ally employees and dealers have for the industry. The new campaign, titled “Driven By What We Love,” shows the “unique” connection Ally has with its dealers — strong […] [Read More]

If a person age 35 or older bought a car from your dealership last year, chances are pretty good (68 percent) that car was used. If someone in the millennial generation bought a car from you, the odds that it was used are even higher.  According to a study from Edmunds.com, more than three-fourths (78 percent) […] [Read More]

Cell My Ride announced recently that auto dealers nationwide can utilize the company’s automatic text message marketing solution for simply the price of a few minutes of their time after participating in a five-minute demo of its system. “Cell My Ride has been proven to generate quality leads after normal business hours, when a lot […] [Read More]

Have you ever wondered how recalls affect the opinions of visitors considering your vehicles? As it turns out, although consumer perception can be affected based on the size or severity of a recall, how it is addressed and portrayed also plays a key role. Market research firm Phoenix Marketing International (PMI) and Infegy, a social media […] [Read More]