The Ford F-150 has long dominated the market for full-sized pickup trucks. So the results of Cox Automotive’s latest research into the electric truck market are not exactly… shocking. Cox’s 2023 Consumer Snapshot: Electric Full-Size Pickup Trucks found the F-150 Lightning is the No. 1 electric pickup considered by truck shoppers, ahead of models from […] [Read More]

Automotive analytics and data provider Black Book has introduced Pulse, a visualization tool designed to enable automotive professionals across various verticals to gain insights from retail market data to power their business-critical decisions. OEMs, dealer groups, finance companies and others in the industry can use retail market data to maximize their profits while minimizing their […] [Read More]

While service drive activity currently is on a downward trend, Dealerware and Tekion recently integrated their tools to help dealership service departments and boost customer satisfaction. Brendan Harrington, president of Autobahn Motorcars in Fort Worth, Texas, is already seeing what the integration can do. “The Tekion and Dealerware integration makes us more efficient,” he said […] [Read More]

Earlier this week, Alfa announced the completion of the Amazon Web Services (AWS) Foundational Technical Review (FTR) for Alfa Cloud, its single-tenant software-as-a-service product. The achievement completed by the provider of software for the asset finance industry also meant acceptance into the AWS Partner Network. The AWS FTR enables AWS Partners to identify and remediate […] [Read More]

Separate reports from TransUnion and LexisNexis Risk Solutions indicated consumers are shopping for new car insurance nowadays with similar intensity as they are for a different vehicle. As dealerships continue to offer insurance solutions in their F&I offices, findings from TransUnion’s latest quarterly Insurance Personal Lines Trends and Perspectives Report showed auto insurance shopping rates […] [Read More]

A quartet of industry executives took turns describing data contained in nearly 20 slides highlighting some of the top trends from 2023 Non-Prime Automotive Financing Survey that featured members of the National Automotive Finance Association and the American Financial Services Association. After touching on trends involving the book-to-look ratio, collections and fraud, the final slide […] [Read More]

On Wednesday, Launcher unveiled the fifth iteration of its loan origination platform. The technology provider said the latest version of appTRAKER LOS vV blends a “staggering” list of process improvements and workflow efficiencies for finance companies utilizing the appTRAKER LOS platform. Some of the enhancements to appTRAKER LOS vV are: APIs for seamless integration: appTRAKER […] [Read More]

Broadcasters of sporting events during an exciting portion of the contest sometimes will exclaim a phrase like, “Let’s see what happens next!” Well, Black Book experts are sort of doing the same thing as they’re watching the wholesale market, which generated another record weekly price decline. Black Book reported wholesale values dropped another 1.52% during […] [Read More]

The manufacturers of some of the aftermarket products that might make that used truck or SUV more appealing to your potential buyer now will operate as one company. On Tuesday, RealTruck announced it has acquired IDDEA (Industria Diseñadora De Autopartes), which goes to market under the Go Rhino brand. Officials said Go Rhino holds 40 […] [Read More]

Lotlinx is now offering dealers access to a weekly report it’s calling “the first of its kind.” The VIN-specific inventory management platform has launched the Lotlinx Risk Report, a free weekly data analysis customized to each dealer, designed to help dealers understand how they compare in the local market and identify areas of potential risk. […] [Read More]