Credit Acceptance wants to make doing business with its dealership network smoother, so the finance company that specializes in subprime recently began to use Real-Time Payments from Citizens. Now, Credit Acceptance dealership customers can receive funds faster on deals they close, even outside of normal business hours. Executives highlighted that faster funding via RTP can […] [Read More]

Used-vehicle financing set a pair of records during the fourth quarter, according to data compiled and shared by Edmunds. Edmunds reported on Wednesday that down payments in Q4 jumped $201 year-over-year to $4,122. The figure got to that record by ticking up $11 from the amount Edmunds spotted in Q3. Meanwhile, impacted in part by […] [Read More]

A startup automotive tech company has added an experienced hand. Adam Herrick, a longtime veteran of e-commerce in the auto industry, has joined Sell Your Car, Inc., a provider of automated vehicle valuation tools, as director of marketplace and product. Herrick will lead Sell Your Car’s software project management as well as marketplace innovation for […] [Read More]

Vehicle logistics provider Autosled, a provider of digital technology solutions for automotive vehicle transport logistics, has launched the Dealer Exchange Network, technology that allows dealers to order both outbound and inbound vehicle exchanges simultaneously, which enables both exchanges to be handled by the same transporter. The tool is designed to create a seamless round-trip experience […] [Read More]

Two vehicle sourcing platforms are joining forces. Online auction platform Auction Central and sourcing and appraisal tool Carbly announced an integration to create what Carbly CEO Scott Roth called “a unified car-buying experience for our dealers.” Last month, Carbly launched Auction Plus, a new service designed to allow dealers to search for vehicles across a […] [Read More]

Brightline Dealer Advisors, an independent insurance agency serving the automotive market, has named Joe Porter as its new senior vice president of dealer training. The company said Porter brings more than 25 years of “extensive, hands-on training and consulting experience in the automotive retail, wholesale and dealer wealth-building segments.” Porter has worked with auto dealers […] [Read More]

Proactive Dealer Solutions now is offering help for Stellantis dealers, especially if they’re experiencing busy call volume to start 2024. On Monday, the business development technology provider announced the addition of its digital voice assistant (DVA) — Brooke.ai — to the Stellantis MarketCenter. As a MarketCenter supplier, Proactive’s Brooke.ai offers Chrysler, Jeep, Dodge, Ram, Fiat, […] [Read More]

We continue our series on the Auto Remarketing Podcast highlighting some of the panels and presentations from Used Car Week 2023. This episode features a keynote presentation titled, “The Whole Story About Wholesale Today,” featuring Pete Grupposo, who serves as senior vice president of sales for Cox Automotive. Listen to the episode in the window […] [Read More]

Wow, another year ended, and a new one has started. Grandma always said life is like a roll of toilet paper; closer to the end the faster it goes! These years are about down to eight months now it seems. This past year, I have been to Denver, Kansas City, Mo., (several times), Las Vegas […] [Read More]

Autosled, a provider of digital technology for vehicle transport logistics, announced the addition of former Spireon director of sales and client success Boris Rozanov as sales director. Autosled said Rozanov will serve as both sales leader and an individual contributor. His leadership role includes managing and assisting the sales team in meeting sales targets, devising […] [Read More]