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 by Noah Lee of Dealer.com titled, “Turning Your Data into Dollars: How to Drive Profits in Today’s Times.” Listen to the episode in the window below.     [Read More]

Used-vehicle inventory remains in short supply, which is why vAuto is launching a new product designed to help dealers look beyond traditional channels to source vehicles. Global Search, an enhancement to vAuto’s flagship ProfitTime GPS inventory management system, is designed to make it easier for dealers to find and acquire the right vehicles across numerous […] [Read More]

A year ago, PureCars acquired the AutoMiner platform with the goal of giving dealers clean customer data to improve their marketing efforts. This week, the company released the results of a study in collaboration with Meta that tested the performance of dealership ads using AutoMiner’s data and Meta’s Advantage+ Audiences. The verdict, PureCars said, was […] [Read More]

Dealers will get their time in court. Late on Thursday, the Federal Trade Commission issued an order postponing the effective date of the Combating Auto Retail Scams (CARS) Rule while a legal challenge against the rule is pending from the National Automobile Dealers Association and the Texas Automobile Dealers Association in the U.S. Court of […] [Read More]

Dealers United announced plans for expansion of its services as well as two new executives to lead those initiatives. The provider of digital marketing for dealers has added Dale Hewett as vice president of search, who will lead the company’s new search engine marketing and search engine optimization solutions, using organic and paid strategies. Hewett […] [Read More]

Retail My Ride, an online network of independent retail consignment dealerships, has launched Bulk Retail Consignment, a program designed to provide select auto dealerships with exclusive access to institutional sellers’ best vehicles. Retail My Ride said it has partnered with a large consignor company to sell its national clients’ late-model cars, trucks and SUVs on […] [Read More]

When your favorite college basketball team wins an ugly game against an in-state rival, you may not love the bumps and bruises it took to get there, but you’re certainly happy with the outcome. Same goes for the used-car market, it seems. Despite a slowdown from the prior month and the heights reached in the […] [Read More]

FormRush distributed some intriguing unemployment analysis that might help buy-here, pay-here operators and special finance departments at other dealerships with their underwriting and collections efforts, especially in 10 locations. Susy Bento is the senior data scientist at FormRush, which provides a range of legal document templates tailored to various needs. On Thursday, Bento shared findings […] [Read More]

Digital marketing of lending products is an area that not only has bigger regulatory compliance — CFPB, FCC, states, you name it — but also bigger scrutiny from companies like Google and Facebook. (They even have a unique set of rules for lending). Just two weeks ago, I helped a client who had a marketer […] [Read More]

After falling by an average of over 1% the week prior, wholesale vehicle price depreciation was steady the week ending Jan. 13, according to the latest report from Canadian Black Book. The report said prices last week fell 0.51%. In the last week of 2023,  they depreciated 0.55%. As for the past week, CBB said […] [Read More]