The National Automobile Dealers Association (NADA) had something to celebrate last week on Capitol Hill. NADA explained that what triggered the cheers was the passage of the fiscal year 2025 Financial Services and General Government (FSGG) appropriations bill by the House FSGG Appropriations Subcommittee. The association said that included in the funding bill is a […] [Read More]

For most of us, a forgotten unpaid bill is just a hassle. For Robyn Burkinshaw, it sparked “kind of an epiphany” that led her to create technology that allows customers to make payments by text, an innovation that has made her company, BlytzPay, a popular choice among buy-here, pay-here dealers. During the 2024 BHPH United […] [Read More]

Binu Mathew, a veteran of 30 years in leading product development and strategy for software technology companies, has joined automotive retail platform Tekion as its chief technology officer. In his new role, Mathew will lead the engineering, product management and design teams and drive the company’s technology strategy, product development and delivery to ensure the […] [Read More]

Keys Inc. is preparing to launch its latest system to connect the locksmith and dealership industries next month at the ALOA Security Expo 2024 in Las Vegas. The company said its new Keys Dealer DMS Queue is designed to streamline key management and enhance operational efficiency for dealerships by integrating with DMS providers to handle […] [Read More]

As electric vehicle prices fall, total loss claims rise. That’s the key finding of the latest report from Mitchell, a technology and information provider for the property and casualty claims and collision repair industries. The trends report for the first quarter of 2024, titled “Plugged-In: EV Collision Insights,” found EV total loss rates have soared […] [Read More]

To put the easing in wholesale vehicle prices into perspective, consider these two streaks. The Manheim Used Vehicle Value Index has decreased on a year-over-year basis for 21 consecutive months. And in May, the index fell below 200 for the second straight month, reaching levels not seen since early 2021. The index came in at […] [Read More]

Commercial consignment is not only driving up overall wholesale auction sales, but also commanding a greater share of the overall market. That’s according to AuctionNet data from the National Auto Auction Association shared with Auto Remarketing. Through May, there have been 2.89 million vehicles sold at auction this year, which beats year-ago figures by 9%, […] [Read More]

Impel, a provider of artificial intelligence-powered customer lifecycle management for the automotive industry, announced an integration with WhatsApp as a communication channel for Impel AI to enhance its omnichannel capabilities. In addition to webchat, email and SMS texting, auto retailers using Impel’s AI platform can now deliver personalized experiences and engage in humanlike conversations with […] [Read More]

Manheim built its latest auction from the ground up. The national auction giant partnered with TR Group to establish 4 Star Auto Auction in Valley, Ala., a new location on nearly 22 acres that operates two auction lanes with the ability to expand to three as needed. The $4.2 million facility uses Manheim’s technology, expertise […] [Read More]

The Canadian Automobile Dealers Association is taking a step toward helping dealers battle the rising threat of vehicle theft. CADA is teaming with Kudelski IoT to provide a comprehensive solution powered by RecovR under the newly launched CADA 360 Security Services program. Kudelski IoT, a division of the Kudelski Group, will collaborate with CADA to […] [Read More]