The National Automobile Dealers Association has made some adjustments to its leadership structure, including the creation of a new position to bolster its government relations and advocacy. NADA has promoted senior vice president of regulatory affairs Paul Metrey to the new role. He began serving in that capacity Nov. 1, 2023. Metrey, who has worked […] [Read More]

Automotive technology provider Rodo has launched an artificial intelligence-driven vehicle search platform that the company said “sets a new standard for intuitive and seamless car shopping.” CEO Nathan Hecht said Rodo has “reimagined” how AI is used in the vehicle search process. “Conventional interfaces burden users with menus, dropdowns, toggles and an overwhelming array of […] [Read More]

The number of franchise dealerships in the U.S. remained stable in 2023, according to the latest research from Urban Science. The automotive consulting and technology firm’s 2023 year-end Automotive Franchise Activity Report found there were 18,347 dealership rooftops nationally as of Dec. 31, 90 more than at the end of 2022. Meanwhile, the number of […] [Read More]

It’s a joint episode of the Auto Remarketing Podcast and the EVs for Everyone Podcast, featuring their respective hosts, Joe Overby and Elena Ciccotelli! Joe and Elena connected at NADA Show 2024 earlier this month in Las Vegas for a conversation in which each asked the other five surprise questions. They chatted about their first […] [Read More]

Upstart helped Kia put more charge into the electric-vehicle space. The financing firm fueled by artificial intelligence highlighted that Kia used Upstart Auto Retail Build & Price Reservations as the exclusive reservation and deposit system for the launch of the new Kia EV9 SUV in the United States. The feature was available to all Kia […] [Read More]

Auto Link continues to build on its strategic partnership with Auto Financial Group (AFG). According to a news release distributed on Wednesday, AFG clients can now leverage Auto Link’s widget technology to provide a payment comparison calculator on any page of their website without the need of website coding. Serving more than 225 financial institutions […] [Read More]

The industry’s fight against fraud doesn’t appear to be getting any easier. Experian recently released its 2024 Future of Fraud Forecast, which identified five fraud threats consumers and businesses should be cautious of this year. Experts said today’s fraudsters are sophisticated and deploy the latest technology, such as generative artificial intelligence, to dupe consumers and […] [Read More]

On Tuesday, Open Lending Corp. gained its third partnership so far this month, aligning with insurance pricing solution provider Akur8 to complement its proprietary Lenders Protection platform. The provider of risk analytics solutions for financial institutions highlighted that this partnership leverages Akur8’s ability to produce fast and accurate predictive insurance pricing models. The company said […] [Read More]

Dealer Trade Network has unveiled its new headquarters. The new 17,500-square foot facility in Louisville, Ky.’s Eastpoint Business Center was officially opened Tuesday with a grand opening and ribbon-cutting ceremony featuring a dedication proclamation by Mayor Craig Greenberg. Guests at the ceremony were given a tour of the building, which the company said showcased its […] [Read More]

There has been less than a percentage point of change in wholesale vehicle values since January, but prices are showing significant declines across the board when compared to early 2023. And this softening has occurred even though wholesale vehicle supply is “relatively tighter for this time of year,” Cox Automotive said in analysis accompanying a […] [Read More]