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Canada’s Trade X provides protected import, export services in a country with growing vehicle theft concerns
Tuesday, Oct. 17, 2023, 09:44 AM
Sarah Rubenoff, Correspondent
Vehicle theft levels are rising in Canada. And areas like West Africa, the Middle East, Eastern Europe and more are receiving an influx of illegally exported and imported vehicles from Canada. Auto Remarketing Canada spoke with Trade X, an import/export online platform for dealers, to get a handle on legal versus illegal exports, and how […] [Read More]
CARS rebrands commercial enterprise to Cars Commerce
Tuesday, Oct. 17, 2023, 07:45 AM
Auto Remarketing Staff
CARS — which includes the Cars.com, Dealer Inspire, FUEL, DealerRater, CreditIQ and Accu-Trade.com properties — said Tuesday that it is rebranding its commercial enterprise to “Cars Commerce,” to unite its various commercial brands. The company said the Cars Commerce brand “more accurately reflects the industry leadership that has defined the enterprise over the last quarter-century […] [Read More]
Study finds consumer confidence in self-driving vehicles is sinking
Monday, Oct. 16, 2023, 03:43 PM
Auto Remarketing Staff
Consumer confidence in fully automated self-driving vehicles has declined for a second consecutive year, according to J.D. Power’s latest research. The 2023 U.S. Mobility Confidence Index Study showed the score for consumer readiness for automated vehicles dropped two points to 37 on a 100-point scale from last year’s study, adding up to a five-point decrease […] [Read More]
Seventh class graduates from Auction Academy
Monday, Oct. 16, 2023, 03:42 PM
Auto Remarketing Staff
It was tassel-turning time in the Windy City last month. Coinciding with this year’s NAAA Convention in Chicago, Auction Academy’s seventh class completed the final session of its two-year curriculum, capped by a graduation ceremony. Founded in 2012, Auction Academy now has celebrated the graduation of more than 135 students from its professional training program, […] [Read More]
Autonomy lands another dealer partnership to expand EV subscription platform
Monday, Oct. 16, 2023, 02:48 PM
Auto Remarketing Staff
For the second month in a row, Autonomy announced a partnership designed to scale its operations and offer streamlined electric vehicle ownership solutions across the United States. On Monday, the EV subscription company revealed a partnership with Atlantic Coast Automotive. As part of this partnership, Atlantic Coast Automotive dealerships equipped with Autonomy’s platform can offer […] [Read More]
Young dealership GM honored as an emerging female leader in auto industry
Monday, Oct. 16, 2023, 02:22 PM
Auto Remarketing Staff
Gabrielle Abinion, who at age 25 serves as general manager of Fox Valley Volkswagen in St. Charles, Ill., was honored with the Ally Sees Her award as an emerging auto dealership leader. The award was presented by Ally senior director of auto sales Juan Niebles during the National Association of Minority Automobile Dealers annual conference […] [Read More]
ACV fulfills multiyear mission with launch of ClearCar
Monday, Oct. 16, 2023, 01:02 PM
Nick Zulovich, Senior Editor
ACV chief executive officer George Chamoun summarized the five-year journey the company has taken to get to Monday and its newest tool deployment. ACV introduced ClearCar, which uses artificial intelligence and real-time market data to accurately price vehicles based on condition. “Some of the things we do are overnight successes, and some things are many […] [Read More]
Newest eLEND Solutions dealer survey sheds light on top obstacle to deal & pricing clarity
Monday, Oct. 16, 2023, 11:42 AM
Auto Fin Journal Staff
Think of how many times the phrase “trust me” surfaces in a conversation or message exchange with family, friends, or business contacts. Experts at eLEND Solutions examined that premise for its latest research project and discovered a significant trust and transparency gap between consumers and dealers, especially when it comes to completing the financing for […] [Read More]
PODCAST: Maggie Pugesek of C&M Coaching on handling internet leads
Monday, Oct. 16, 2023, 11:08 AM
Auto Remarketing Staff
What happens when a prospect contacts a dealership through its website? Maggie Pugesek knows. In her role as partner and lead trainer for C&M Coaching, she “mystery shops” dealerships and trains them on handling phone calls and internet leads. On this episode of the Auto Remarketing Podcast, Pugesek discusses how dealers can make the most […] [Read More]
CFPB & Justice Department issue statement focused on ECOA & immigration status
Monday, Oct. 16, 2023, 11:01 AM
SubPrime Auto Finance News Staff
Last week was a busy one at the Consumer Financial Protection Bureau. Not only did the CFPB make multiple moves associated with what regulators and the White House dub “junk fees,” the bureau and Justice Department issued a joint statement that reminds financial institutions that all credit applicants are protected from discrimination on the basis […] [Read More]
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