Perhaps you could make an argument that the used-car market is almost as healthy as it can be for both auctions and dealerships based on two trends highlighted by Black Book in its latest installment of Market Insights. On the wholesale side, Black Book said last week’s auction conversion rate came in at 60%, and […] [Read More]

Artificial intelligence is almost as prevalent in automotive nowadays as car row in your community. But how are the smartest dealerships and service providers using AI? A trio of executives tackled that question and more during a panel discussion at this spring’s Auto Intel Summit that’s now available through this episode of the Auto Remarketing […] [Read More]

Stellantis’ long search for a new CEO has ended. The automaker has named Antonio Filosa to its top executive position, ending a six-month search to replace former CEO Carlos Tavares, who resigned in early December amid declining sales and profits. Filosa will assume the CEO role effective June 23, when he will announce the company’s […] [Read More]

Denver is the latest market to get Carvana’s same-day delivery service. The online used-car retailer said car buyers in the Denver area can now take delivery of select vehicles as soon as the same day they’re ordered from Carvana.com, and customers selling their vehicles to Carvana can get same-day drop-off options after completing the online […] [Read More]

Auto-finance data often highlights trends such as originations and delinquencies. But for the closing presentation of this spring’s Auto Intel Summit, TJ Cox of TransUnion and Jill Louden S&P Global Mobility took a different approach about what auto-finance data could show. Now available through this episode of the Auto Remarketing Podcast, hear some of the […] [Read More]

Calling it a “simple idea,” Point Predictive saw strength in numbers as being crucial in curbing fraud and generating other potential benefits for the auto-finance industry. It’s why the solutions provider that leverages artificial intelligence and other technologies cheered so loudly recently about a significant milestone — its industry consortium surpassing more than 650 lenders, […] [Read More]

Cox Automotive reported unique credit applications per dealer using Dealertrack ticked up 2% year-over-year last week. So, does that mean consumers feel more comfortable pushing forward with a financing commitment and taking vehicle delivery? It depends on which reading of consumer confidence you examine. A new survey by digital personal finance company Achieve showed plenty […] [Read More]

Jill Hadfield’s road to her current role as president of Dealertrack Canada and Collateral Management Solutions was a long and winding one, leading from a mechanical engineering degree through product development, marketing and eventually to the head of Canada’s largest auto finance platform. In this edition of the Auto Remarketing Podcast, Hadfield talks about that […] [Read More]

More than 28 million vehicles were affected by recalls mandated by the National Highway Transportation Safety Administration in 2024, but research from recall management systems provider Recall Masters said they might not be the only recalled vehicles that pose a danger. In addition to 445 NHTSA-required recall campaigns, the company’s annual State of Recalls report […] [Read More]

The NBA and NHL are deep into their playoffs, and four teams in each league have a chance to lift their coveted championship trophies. The playoffs offer just a big an opportunity for marketers and advertisers, with just as big a prize at stake: the attention of millions of rabid basketball and hockey fans. But, […] [Read More]