During a late October interview in his office at Cox Automotive's Atlanta headquarters, Jared Rowe was asked to name examples of innovation at dealerships that he finds particularly interesting. Rowe quickly rattled off close to 10 dealers and dealer groups, before saying: “I’ll be honest with you, there’s so much interesting innovation going on at the […] [Read More]

Virginia Gov. Terry McAuliffe announced Tuesday that Carfax plans to invest a total of $15.8 million to expand its headquarters and upgrade its nearby data center operation. Expecting to create 120 new jobs, Carfax’s current plans include a $5 million investment to expand its Fairfax County headquarters in Centreville, Va., as well as a further […] [Read More]

Spireon Inc., best known for its vehicle-tracking solutions, has debuted its new service provided exclusively through used-vehicle dealers, called Kahu, which allows customers a way to link their vehicle to their smartphone and track its whereabouts. According to the company, the Kahu service includes an installed device on the car that connects the car’s location and […] [Read More]

Among the automakers that have reported monthly certified pre-owned sales results so far, two had their best Novembers ever for their CPO programs. And one notched its best month for used sales on record. First up, Audi Canada notched another record month for CPO sales, reporting its best November for certified on record. The automaker sold […] [Read More]

Automotive data mining and trade-cycle management platform AutoAlert on Tuesday completed the acquisition of MotoFuze, a customer experience management (CEM) platform. Officials indicated MotoFuze will be transitioned to a fully integrated product of AutoAlert.  MotoFuze chief executive officer Mike Dullea and co-founder Tom Walls have been appointed as AutoAlert’s chief sales and marketing officer and […] [Read More]

Third-party auto shopping and research site CarGurus announced Tuesday the launch of its U.K. website, CarGurus UK. This is CarGurus’ first site in the European market, and the company says it hopes to offer something new for car shoppers in the region. Langley Steinert, the co-founder of TripAdvisor who founded CarGurus in 2007, looks forward to […] [Read More]

Listen up, folks. The same old wholesale trends you have come to expect this year are changing — and changing fast. Those watching the auction lanes this year have seen the truck segments outperform their smaller counterparts throughout most of 2015, but over the course of November, trucks started to lose a bit of their […] [Read More]

Certified pre-owned sales reports for November are just now beginning to surface, but here’s an early look at how some brands fared last month: At Ford, its CPO programs combined for 22,371 sales in November, compared to 22,552 in November 2014. Through 11 months, they have sold 270,194 CPO units, against 249,095 certified sales in […] [Read More]

The major delinquency metrics Experian Automotive tracks on a quarterly basis remained nearly flat across the board as analysts generated their third-quarter figures. According to Experian’s most recent State of the Automotive Finance Market report, 30-day delinquencies associated with the total number of outstanding auto loans decreased by 13 basis points year-over-year in Q3 to […] [Read More]

This evening, another round of the College Football Playoff rankings will be released, with teams (OK, arguments aside) ordered based on how they stack up against the rest. Much like college football on the sports landscape, certified pre-owned is crazy popular in automotive. But how would they stack up in a top 10 ranking?  Edmunds.com tackled […] [Read More]