Unifor national president Lana Payne announced Unifor members began strike action at General Motors as the clock struck midnight. But later on Tuesday, the two parties reached a tentative agreement. This follows strike action at the Oshawa Assembly Plant, St. Catharines Powertrain Plant and Woodstock Parts Distribution Center. The strikes are on hold to allow […] [Read More]

The Dealertrack Credit Availability Index for September showed some slight improvement, as Cox Automotive reported on Tuesday that credit access was made more accessible. But compared to this time last year or before the pandemic, it’s still a challenge in some cases to get contracts bought. The index posted an increase of 0.2% in September […] [Read More]

Business-to-business, buyer/seller relationships vary widely. The Software-as-a-Service space is no exception. Mature products, such as common software applications, are purchased online without human engagement. More complex software applications, such as accounting or CRM solutions, require a range of discussions to determine needs and customization. Still others, new, innovative solutions or game-changing, disruptive technologies require an […] [Read More]

In response to evolving industry needs, Dealers Auto Auction on Monday announced the hiring of its first corporate marketing manager, choosing award-winning marketer Gabriele Harris to carry out an aggressive strategic plan. Dealers Auto Auction highlighted Harris brings more than 15 years of experience in strategic marketing, branding, and customer engagement, successfully leading marketing teams […] [Read More]

EpiCar wants to help dealerships find the inventory they need by leveraging available vehicles ready to be let go by private owners. Through a platform deployed on Monday, EpiCar is connecting dealers directly with vehicles sourced from private owners, ready for immediate bidding and acquisition. The company said its predictive analytics can empower dealers to […] [Read More]

For the second month in a row, a major used-vehicle retailer filed for bankruptcy with the intention of shutting down operations. Late on Friday, Shift Technologies announced that it and its subsidiaries intend to file a voluntary petition for relief under Chapter 11 of the U.S. Bankruptcy Code in the United States Bankruptcy Court to […] [Read More]

Alfa recently rolled out the fifth and final installment in its Innovation in Implementation series. That last piece from the asset finance software solutions provider is titled, “Establishing Winning Frameworks and Teams.” It explores the “indispensable” role of people in mitigating the risks associated with large and complex technology transformations. Alfa’s Innovation in Implementation series […] [Read More]

One of Santander’s flourishing relationships with an automaker in Europe now is coming to fruition in the United States. Santander Consumer USA announced a new, exclusive multi-year agreement in the U.S. with INEOS Automotive that will enable the finance company to serve as INEOS Automotive’s preferred provider of automobile financial services in the United States. […] [Read More]

Last week, StoneEagle announced the transition of its chief technology officer, as Gary Peek will take on the role from Chris Tynes, who has been with the provider of F&I and service metrics reporting, menu sales tools, an F&I product administration platform, and data solutions since 2013. StoneEagle said Tynes will slide into an advisory […] [Read More]

Dealers, it seems, are shoring up used-car inventories on their lots in case the United Auto Workers strike is prolonged and they’re left empty-handed on the new-car side. According to the latest Intelligence Report from CarGurus, used-vehicle inventory at dealerships in September jumped 2.5% from August, though still down 3.8% year-over-year and 8.4% from pre-COVID […] [Read More]