As organizers gear up for the second-ever event, small group breakout sessions are new to the Re3 Conference this year. Conference chairman Bill Zadeits said these sessions will offer attendees the opportunity to focus more closely on the technology and data topics of interest to them. During each of two workshop sessions, attendees will be […] [Read More]

Online marketplace eBay Motors this week announced upgrades to its certified pre-owned platform that the company says are designed to provide OEMs and dealers with a more robust online sales channel, to complement brick-and-mortar dealerships. The revamped CPO platform includes redesigned showroom and brand pages, eBay Motors said, as well as enhanced listing templates and […] [Read More]

Hendrick Automotive Group this week announced a partnership with Sirius XM Radio that will offer service subscriptions to those purchasing pre-owned vehicles with factory-equipped satellite radio. The three-month SiriusXM subscription deal applies to customers who buy a pre-owned vehicle from any of the 84 Hendrick Automotive Group dealerships across the U.S., and through Hendrickcars.com. “I’ve […] [Read More]

Revealed Wednesday, Penske Automotive Group will be joining Hertz’s franchising network. The companies explained this partnership for the Memphis, Tenn., market is part of  Hertz's company-wide initiative aimed at increasing its presence in the off airport car rental markets. "Hertz is pleased to enter into a partnership with Penske Automotive Group to encompass the franchising […] [Read More]

The Russ Darrow Group announced this week that it has opened a Used Car Superstore to its auto retail properties. The store, located at 2301 W. College Ave. in Appleton, Wis., adds to the company’s dealership roster across the state, and is located at the site of the former Russ Darrow KIA dealership, which the […] [Read More]

Experian 12.00 SCHAUMBURG, Ill. — The chart created by Experian Automotive almost couldn't contain the year-over-year growth posted by TD Auto Finance during the second quarter. TD Auto Finance's share of the overall lending market shot up by 333.6 percent to solidify its position among the Top 10 operations, according to Experian's data released this […] [Read More]

Experian 12.00 CARMEL, Ind. — A franchised dealer group decided to open a J.D. Byrider location to augment its Michigan operations with a buy-here, pay-here store. J.D. Byrider revealed this week that Serra Automotive rolled out the location two minutes north of the Al Serra Auto Plaza in Grand Blanc, Mich. The store situated near […] [Read More]

BURLINGAME, Calif.  — CarWoo and DealerTrack revealed this week that they are partnering to deliver payment calculation and credit application capabilities directly to CarWoo users. DealerTrack's PaymentDriver and FinanceDriver tools will now be directly integrated into the site's marketplace and its new Dealer Premium offering, officials noted. The DealerTrack advanced digital retailing tools will allow […] [Read More]

Experian 12.00 FORT WORTH, Texas — This week, General Motors Financial announced the pricing of a $1.3 billion offering of automobile receivables-backed securities through lead managers Deutsche Bank Securities, RBS and Wells Fargo Securities. The co-managers are Citigroup, Credit Suisse, Morgan Stanley and RBC Capital Markets. GM Financial reiterated that it uses net proceeds from […] [Read More]

Hyundai Auto Canada Corp. revealed this week it is teaming up with a Canadian hockey star in an effort to help under-resourced Quebec youth get involved in the country’s national pastime. Partnering with Montreal Canadiens defenceman P.K. Subban, the company was set to launchethe Quebec component of Hyundai Hockey Helpers earlier today. The automaker noted […] [Read More]