Last week, Wolters Kluwer announced results from an industry survey it commissioned to better understand where automotive, dealer and auto finance professionals are finding operational improvements in adopting digital back office workflows. Wolters Kluwer also wanted to gauge existing barriers in adopting digitized solutions as 2024 rolls along. Wolters Kluwer presented an online survey to […] [Read More]

Evidently finance companies weren’t in much of a giving mood this holiday season since credit availability deteriorated in December, according to the Dealertrack Auto Credit Availability Index. Cox Automotive reported that index declined in November and dropped another 0.9% to 94.0 in December, reaching its lowest level since May and “erasing improvements made in the […] [Read More]

During the recent holiday season, Atlanta-based Jim Ellis Automotive distributed funds raised by its 23rd annual charity golf tournament over the summer. The tournament, which began as a company picnic and golf outing, is a cooperative effort of the Ellis family, Jim Ellis team member volunteers, business partners and vendors. The 2023 event, held in […] [Read More]

Randy Barone, vice president of business development at ACV, said many people often ask him how the used-car market will fare in 2024. It’s a question he can’t answer, because “nobody can know that,” he said. But what he does know is that most dealership used-vehicle departments are not “running on all eight cylinders — […] [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 presentation from Dealer Training Tuesday by Sara Hoagey of eliteBDC titled, “Learn the Advantages of Different BDC and CRM Structures for Your Dealership.” Listen to the episode in the window […] [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 presentation from Dealer Training Tuesday by Steve Roessler of DriveCentric titled, “Mastering Modern Communication Strategies for Sales Success.” Listen to the episode in the window below.   [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 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]