Autoshopper.com this week announced the release of a new and used inventory management tool that the company says can boost dealers’ social media efficiency. Rather than posting new and used vehicles to multiple social media sites, Autoshopper says its new Autopilot tool allows dealership personnel to post, network and communicate with social media customers eight […] [Read More]

ARI announced this week that it acquired the fleet management segment of a European operation, the business holdings of Fleetlevel+ Services GmbH. ARI indicated the transaction is expected to close in August. ARI president Carl Ortell highlighted the new company, which will be known as ARI Fleet Germany, supports ARI’s continued development of a strong, […] [Read More]

ATLANTA — Manheim economist Tom Webb described performances for both subprime financing companies as well as buy-here, pay-here dealers during the first half of this year in upbeat terms this week. And Webb believes the prospects for turning metal to buyers with soft credit histories are positive well into 2014 and possibly beyond. "The subprime […] [Read More]

LAKE SUCCESS, N.Y. — Today, Dealertrack Technologies launched its eMenu for iPad app, what the company described as an innovative F&I product presentation and selling tool designed to help dealers increase F&I product sales and profitability while enhancing the overall customer experience. The eMenu for iPad app can provide dealers with a new interactive tool […] [Read More]

CHARLOTTE, N.C. — American Lending Solutions recently expanded its relationship with Nationwide Management Services to include client-custom, door-knock and other debtor field services, building on the success of its agent compliance field inspection program that began on Feb. 1. "Where other companies are just getting their field compliance programs underway, ours is already ahead of […] [Read More]

WASHINGTON, D.C. — The Federal Reserve reported that interest rates for new-vehicle loans at commercial banks dropped to the lowest point compared to data that goes back to 2007. The rate for these 48-month contracts dropped to 4.13 percent in May. Fed data showed that the latest rate dropped from February's reading of 4.69 percent. […] [Read More]

American Lending Solutions recently expanded its relationship with Nationwide Management Services to include client-custom, door-knock and other debtor field services, building on the success of its agent compliance field inspection program that began on Feb. 1. “Where other companies are just getting their field compliance programs underway, ours is already ahead of the curve,” ALS […] [Read More]

Today, General Motors confirmed to Auto Remarketing the details listed by the National Highway Traffic Safety Administration about a recall of late-model Chevrolet and Buick sedans. The campaign covers 42,904 vehicles, including the Chevrolet Malibu Eco from the 2013 model year and the Buick Regal and LaCrosse from the 2012 and 2013 model years. All […] [Read More]

In addition to reporting that June was the third-strongest certified pre-owned sales month in history — capping off the best quarter ever for the CPO market — Autodata Corp. also found that Ford, Hyundai, Kia and Subaru achieved best-ever sales records during June, as well. Starting with Hyundai, it moved 6,775 units for a 7.5-percent […] [Read More]

Dealertrack Technologies released a couple pieces of news this week, announcing it is participating in the new Dealer Technology Assistance Program (DTAP) for General Motors (GM) dealers, while also revealing an upcoming webinar. As part of the GM DTAP — designed to support to certification of technology and services for use by GM and its […] [Read More]