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DriveSmart Warranty gives trip to Daytona to winners of online racing campaign
Monday, Jan. 22, 2024, 11:22 AM
SubPrime Auto Finance News Staff
DriveSmart Warranty waved the checkered flag and online race winners will be going all the way to Daytona. On Friday, the administrator of vehicle protection services announced contestant Tucker Minter and streamer Casey Kirwan were the grand prize winners of DriveSmart to Daytona Series. Each winner and a guest will be flown to watch the […] [Read More]
Latest Wolters Kluwer industry survey pinpoints where digital adoption still lags
Monday, Jan. 22, 2024, 11:22 AM
Auto Fin Journal Staff
Last week, Wolters Kluwer announced results from an industry survey it commissioned to better understand where automotive, dealer and auto finance professionals are finding operational improvements in adopting digital back office workflows. Wolters Kluwer also wanted to gauge existing barriers in adopting digitized solutions as 2024 rolls along. Wolters Kluwer presented an online survey to […] [Read More]
Credit availability closes 2023 on notable slide
Monday, Jan. 22, 2024, 11:21 AM
SubPrime Auto Finance News Staff
Evidently finance companies weren’t in much of a giving mood this holiday season since credit availability deteriorated in December, according to the Dealertrack Auto Credit Availability Index. Cox Automotive reported that index declined in November and dropped another 0.9% to 94.0 in December, reaching its lowest level since May and “erasing improvements made in the […] [Read More]
Dealer News: Jim Ellis golf tournament raises funds for 30 charities, plus more M&A activity
Friday, Jan. 19, 2024, 12:55 PM
Auto Remarketing Staff
During the recent holiday season, Atlanta-based Jim Ellis Automotive distributed funds raised by its 23rd annual charity golf tournament over the summer. The tournament, which began as a company picnic and golf outing, is a cooperative effort of the Ellis family, Jim Ellis team member volunteers, business partners and vendors. The 2023 event, held in […] [Read More]
NADA Show workshops focus on the untapped potential in used-car departments
Friday, Jan. 19, 2024, 12:33 PM
Arlena Sawyers, Correspondent
Randy Barone, vice president of business development at ACV, said many people often ask him how the used-car market will fare in 2024. It’s a question he can’t answer, because “nobody can know that,” he said. But what he does know is that most dealership used-vehicle departments are not “running on all eight cylinders — […] [Read More]
USED CAR WEEK 2023 PODCAST: Developing the best BDC for your dealership
Friday, Jan. 19, 2024, 11:51 AM
Auto Remarketing Staff
We continue our series on the Auto Remarketing Podcast highlighting some of the panels and presentations from Used Car Week 2023. This episode features a presentation from Dealer Training Tuesday by Sara Hoagey of eliteBDC titled, “Learn the Advantages of Different BDC and CRM Structures for Your Dealership.” Listen to the episode in the window […] [Read More]
USED CAR WEEK 2023 PODCAST: Modern communication skills to boost car sales
Friday, Jan. 19, 2024, 11:51 AM
Auto Remarketing Staff
We continue our series on the Auto Remarketing Podcast highlighting some of the panels and presentations from Used Car Week 2023. This episode features a presentation from Dealer Training Tuesday by Steve Roessler of DriveCentric titled, “Mastering Modern Communication Strategies for Sales Success.” Listen to the episode in the window below. [Read More]
USED CAR WEEK 2023 PODCAST: Using your dealer data to drive more profit
Friday, Jan. 19, 2024, 11:50 AM
Auto Remarketing Staff
We continue our series on the Auto Remarketing Podcast highlighting some of the panels and presentations from Used Car Week 2023. This episode features a keynote presentation by Noah Lee of Dealer.com titled, “Turning Your Data into Dollars: How to Drive Profits in Today’s Times.” Listen to the episode in the window below. [Read More]
vAuto introduces Global Search, a new ‘strategy-driven’ acquisition tool
Friday, Jan. 19, 2024, 11:29 AM
Auto Remarketing Staff
Used-vehicle inventory remains in short supply, which is why vAuto is launching a new product designed to help dealers look beyond traditional channels to source vehicles. Global Search, an enhancement to vAuto’s flagship ProfitTime GPS inventory management system, is designed to make it easier for dealers to find and acquire the right vehicles across numerous […] [Read More]
Study finds clean data platform boosts performance of Meta’s machine learning
Friday, Jan. 19, 2024, 11:25 AM
Auto Remarketing Staff
A year ago, PureCars acquired the AutoMiner platform with the goal of giving dealers clean customer data to improve their marketing efforts. This week, the company released the results of a study in collaboration with Meta that tested the performance of dealership ads using AutoMiner’s data and Meta’s Advantage+ Audiences. The verdict, PureCars said, was […] [Read More]
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