Advanced Business Computers of America (ABCoA) is kicking off its 40th anniversary by hosting its fifth Deal Pack User Conference on Feb. 27-28 at its headquarters in Jacksonville, Fla. The software-as-a-service company dedicated to the used-vehicle and special finance industries and known for Deal Pack and cyclCRM highlighted that its User Conference is designed to […] [Read More]

The retail auto industry in Canada has experienced significant turmoil since early 2020 when COVID hit, both in the new and used markets. Pile on economic shutdowns, production challenges, short new and used inventory, price hikes, and more, and you have a dramatically changing market.  In some ways the auto retail landscape is unrecognizable from […] [Read More]

On Monday, Canadian Black Book introduced a Retail Listings Visualization dashboard for the Canadian auto industry that gives its clients into such statistics as vehicle portfolios, brand penetration, in-market and out-of-market sales, and certified pre-owned optimization. Additionally, the dashboard allows users to spot vehicles for sale in their own markets or in outside markets, while […] [Read More]

Foundation Automotive Corp., which operates dealerships in both the U.S. and Canada, announced last week it has acquired Crossroads Dodge Chrysler Jeep Ram in Liberty, Texas. With the purchase, Foundation now has 17 stores in Texas and eight Stellantis stores in the U.S. Overall, the group includes 37 locations in Canada and the U.S. “We’re […] [Read More]

The used electric vehicle market has miles to go before reaching critical mass, but sparks of growth in recent months may indicate the segment is gaining traction. For one, there are three times as many used EVs on dealer lots as there were 18 months ago, according to Recurrent, an EV battery and range analytics […] [Read More]

Two experts from Experian Automotive discussed two important parts of the electric vehicle market for this episode of the Auto Remarketing Podcast recorded during NADA Show 2023 in Dallas. Kirsten Von Busch discussed trends connected with EV shoppers, while Melinda Zabritski analyzed how those consumers are securing the financing needed for delivery. To listen to […] [Read More]

Space Auto expanded both its physical and human resources to position the company for growth. The integrated software and marketing solution provider for dealerships announced three new leadership hires, including two veterans of CarOffer. The company also is moving into a larger office space in Dallas to keep pace with its growing team and client […] [Read More]

Perhaps that older model included in the pitched paper from a dealership in your network now looks a little more appealing when viewed through the updated tool from Open Lending Corp. Last week, the enablement and risk analytics solutions provider for financial institutions announced that it has increased its allowable vehicle age from 9 to […] [Read More]

IAA reached another milestone, as the company announced IAA Loan Payoff exceeded $3 billion in total loss transactions in 2022. IAA highlighted this exponential growth follows the tool’s 2021 record of $1.2 billion in installment contracts and leases processed, bringing the grand total in transactions since its launch to $5 billion. Company leadership said insurance […] [Read More]

Wolters Kluwer is continuing to see a gradual migration by dealerships and finance companies to more digital infrastructure. Wolters Kluwer head of auto strategy Tim Yalich took time during the 2023 Vehicle Finance Conference in Dallas hosted by the American Financial Services Association to describe the challenges that remain during this episode of the Auto […] [Read More]