Several industry veterans from companies such as eBay Motors, Jumpstart Automotive and Yahoo Autos have joined together to launch a new online interface called CarWoo. The new platform is designed to bring shoppers and dealers together.   How does it work? The program allows buyers to describe the vehicle they are looking to purchase and then dealers have a chance to […] [Read More]

NADA University said Wednesday that its services are now available for all professionals in the auto business. Officials also revealed that NADA University has made several upgrades and also brought in a new NADA University partner in 30-year industry veteran Jeff Sacks, who will be a part of the training team. Looking more specifically at […] [Read More]

Dealer.com claims trial runs of its newly launched solution called Service Marketing Package can deliver double-digit percentage improvements for dealership service departments. How this package is meant to spark such turnarounds is through engaging content for dealers’ websites, empowering all store staff to retain and recapture more service customers, enhance customer satisfaction and build profitability. Dealer.com […] [Read More]

Toyota Motor Sales enhanced its mobile shopping tool application Wednesday with the launch of mLot. Shoppers can now take their iPhone or Android devices and scan VINs on new Toyota vehicles and pull vehicle information directly onto their mobile device, making it easier to request a quote and keep specific unit details on the phone. The […] [Read More]

Auto Search Technologies — which offers technology that can help dealers augment their presence on the Web — says its dealer customers are generating quite a bit of traction online from a Carfax-related service AST is providing. Basically, when a consumer has done a vehicle search on a dealership website built by AST and the search results […] [Read More]

ResponseLogix, whose digital response management software can help dealers respond to online leads quicker and more effectively, revealed Tuesday that its services can now be accessed by all General Motors dealerships. Basically, this software is designed to help dealers respond with price quotes to online inquiries from shoppers within 10 minutes, officials said. Not only is […] [Read More]

OAK BROOK, Ill. — A veteran dealer posed a scenario to vAuto's Dale Pollak recently about getting into the buy-here, pay-here side of the business while maintaining a typical used-vehicle dealership at the same location. Despite a well-researched plan, Pollak recommended that the dealer not proceed. Why? First, here is the situation the dealer presents. The […] [Read More]

LITTLETON, Colo. — PassTime announced recently that it has become the first in the buy-here, pay-here vehicle telematics industry to utilize an embedded subscriber identity module (SIM) in its flagship solution application. Executives said the PassTime Elite Product Line will soon be manufactured with the new embedded SIM from T-Mobile USA. They indicated T-Mobile and PassTime […] [Read More]

PHOENIX — Because of slowing sales due to economic struggles of its primary customer base, NowAuto Group revealed decreased revenues at the close of its fiscal year. The company calculated that its revenue totaled $5.1 million, resulting in a net loss of 20 cents per diluted share. These figures came at the close of NowAuto's fiscal […] [Read More]

NEW YORK — While down year-over-year, Chase revealed this week that auto loan originations were up by about 5 percent quarter-over-quarter. For the third quarter, Chase reported that auto originations came in at $6.1 billion, down 12 percent from the prior year, but up 5 percent from the previous quarter. Auto originations were $5.8 billion in the […] [Read More]