Nowcom Corp.’s DealerCenter launched a new online marketing suite through its dealer management system to help managers create their own websites. Officials highlighted that the online marketing suite includes a new collection of dealer website template designs and color options to help stores create a “striking, personalized online showroom” that is meant to connect with […] [Read More]

Normal 0 false false false EN-US X-NONE X-NONE LAKE SUCCESS, N.Y. — Recent intimate dialogue with both dealers and lenders gave Dealertrack Technologies chairman and chief executive officer Mark O'Neil a unique assessment of just how the subprime auto finance industry is behaving nowadays. Topics ranging from approvals for consumers with credit scores dipping toward […] [Read More]

ATLANTA — Global Lending Services, a one-year-old subprime auto finance company, is appointing a new chief executive officer, pulling in a former high-ranking exec from Capital One Auto Finance. Taking on the role effective Wednesday is Steve Thibodeau, who will succeed Gary Lorenz, GLS' CEO since March of last year. Since 2000, Thibodeau worked with […] [Read More]

WOODCLIFF LAKE, N.J. — BMW Group Financial Services revealed several changes to its executive team in the U.S. which will all take effect on June 1. The moves include: —Shaun Bugbee, formerly vice president of sales and marketing, will move to Germany where he will assume the role of head of new markets for Europe.  […] [Read More]

CALGARY, Alberta — Blackline GPS recently reached an agreement with MVTRAC for the distribution of Blackline's Dart covert and asset tracking system into the recovery industry. Well-positioned within the auto finance, government and law enforcement market, officials highlighted MVTRAC's Intelligent Data Network can process real-time data from public and privates sources to automatically identify delinquent […] [Read More]

In the retailer’s first-quarter earnings conference call back in April, AutoNation president and chief operating officer Mike Maroone attributed some of the group’s modest year-over-year dip in same-store gross profit per used vehicle retailed to “the increased cost to acquire vehicles for certified pre-owned programs.” Of course, slimmer gross profit per vehicle may not be […] [Read More]

As the spring market comes to a close early this year at auction, NADA Used Car Guide expects wholesale prices to continue to fall over the course of the current week. NADA UCG expects an overall slight decline of 0.2 percent, or $25, relative to the two-week average. Some of the biggest percentage declines are […] [Read More]

Breaking down the 38 percent of consumers who intend to purchase or lease a vehicle within the next three months, data from Phoenix Marketing International’s latest Automotive Brand and Advertising Audit took eight car-shopping attributes and diagrammed the prevalency of each within this contingent. The firm found that more than 60 percent of those intenders […] [Read More]

Polk and Datalogix said Wednesday they will be extending their digital automotive partnership through 2016. This agreement means that Datalogix will continue to be the exclusive distributor of Polk's audience data, "enabling access to Polk's industry-leading data through all leading publishers, ad networks, portals and agency platforms," the companies shared. [Read More]

Just in time for Memorial Day, Dallas-Fort Worth GMC dealers are sending out a call for submissions honoring active duty military, veterans and first responders, to help raise funds for nonprofit Carry The Load. The nonprofit was founded in 2011 by two former U.S. Navy SEALs, Clint Bruce and Stephen Holley, to help people celebrate […] [Read More]