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Advantage promotes Frasher to national sales director
Tuesday, Oct. 3, 2023, 12:01 PM
BHPH Report Staff
On Monday, Advantage Automotive Analytics announced the promotion of Melissa Frasher to national sales director. The provider of modern data analytics and advanced risk-mitigation solutions for vehicle finance professionals highlighted the executive move is part of its ongoing national expansion strategy and demonstration of its commitment to fostering and empowering in-house talent and expertise. The […] [Read More]
GPS fleet tracking could work to combat growing vehicle theft in Canada
Tuesday, Oct. 3, 2023, 10:39 AM
Sarah Rubenoff, Correspondent
Conrad Galambos, president of Solutions into Motion LTD, says vehicle theft should be everyone’s concern.
And there is new technology out there to address it. It’s just not being used, says Galambos.
Especially as organized crime is wreaking havoc on ... [Read More]
PODCAST: Auction Central CEO Bob Gaito
Monday, Oct. 2, 2023, 03:40 PM
Auto Remarketing Staff
Bob Gaito is the CEO of Auction Central, a dealer-to-dealer online wholesale marketplace. He joins the show to talk about what inspired the launch of the company, the importance of transparency through condition reports, the progress of Auction Central’s growth plan and road map, plus much more. Listen to the full conversation in the window […] [Read More]
CallRevu elevates DePascale to CTO
Monday, Oct. 2, 2023, 03:39 PM
Auto Remarketing Staff
CallRevu closed the third quarter by promoting Jeff DePascale to be its chief technology officer. The provider of automotive communication solutions highlighted that DePascale first joined CallRevu three years ago as senior vice president of technology. He now possesses 16 years of experience in technology, with 12 years specializing in enterprise SaaS. “Jeff DePascale is […] [Read More]
CarMax revenues, earnings, sales decline
Monday, Oct. 2, 2023, 02:50 PM
Auto Remarketing Staff
CarMax’s revenues, net earnings and sales all fell in the second quarter of its fiscal year, according to the company’s quarterly report. In Q2, which ended Aug. 31, the used vehicle retailer’s net revenues dropped 13.1% compared to the same span last year, finishing the quarter at $7.1 billion, while net earnings fell almost 6% […] [Read More]
CARS launches second annual Cartober campaign to promote vehicle donations
Monday, Oct. 2, 2023, 02:49 PM
Auto Remarketing Staff
Charitable Adult Rides and Services (CARS), a San Diego-based nonprofit that helps organizations increase fundraising through vehicle and real estate donation programs, has launched its second annual Cartober campaign, a month-long awareness initiative designed to promote the power of vehicle donations in supporting nonprofits. The campaign includes Disabled American Veterans, San Diego public television station […] [Read More]
Experian report shows extent of Tesla’s domination of U.S. EV market
Monday, Oct. 2, 2023, 02:43 PM
Auto Remarketing Staff
When it comes to electric vehicles in the U.S., there’s Tesla and there’s everyone else. Experian’s Automotive Consumer Trends Report for the second quarter of 2023 confirms that fact with the finding that the automaker has four of the top five luxury EV models in terms of market share. At the top of the list […] [Read More]
COMMENTARY: After the trade show’s over, the post-show sales sweep
Monday, Oct. 2, 2023, 02:33 PM
Jennifer Sanford, Sanford Marketing Group
You went to the expo. You collected leads and gave away swag. Now what? The show doesn’t end when you take down the booth. It’s time for the post-show sales effort. But, sometimes, this is where the transition from marketing activity to sales results gets derailed. The best trade show booth in the world can’t […] [Read More]
Dealertrack enhances integration with MeridianLink
Monday, Oct. 2, 2023, 11:53 AM
Auto Fin Journal Staff
Last week, Cox Automotive’s Dealertrack announced an enhanced integration with MeridianLink, a provider of modern software platforms for financial institutions and consumer reporting agencies. The companies highlighted the existing, long-standing integration accelerates credit applications and decisions between dealers and finance companies. They indicated new, enhanced integration now brings similar velocity and decisioning capabilities to the […] [Read More]
Westlake Direct unveils ‘Buy Now’ capability
Monday, Oct. 2, 2023, 11:52 AM
Auto Fin Journal Staff
Westlake Technology Holdings is ramping up its efforts to connect directly with consumers to generate originations that can benefit both dealerships and the finance company. Westlake Direct — a direct-to-consumer financing solution first launched in 2018 through LoanCenter — now has “Buy Now” digital financing in an effort to enhance and streamline the vehicle-buying experience. […] [Read More]
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