Flexcar’s partnership with Sunoco has been in effect for more than a year now, and the month-to-month car lease company said it’s paying off for its customers. Flexcar said its Gas Saver program has saved Flexcar members more than $170,000 at the pump, with more than 600,000 gallons filling tanks — and rising. “At a […] [Read More]

We begin our episodes of the Auto Remarketing Podcast originating from the Live Stage, which was sponsored by SYCN Auto Logistics, during the Used Car Industry Summit in Miami this spring. Bryan Pascual, founder of DealerCarLeads, answers one of the most important questions dealers are asking nowadays. What actually sells cars on social media? Listen […] [Read More]

We continue our episodes of the Auto Remarketing Podcast originating from the SYCN Auto Logistics Live Stage during the Used Car Industry Summit in Miami this spring. AVILOO chief executive officer Brett Lippel focused on what might be the most important part of an electric vehicle: the battery. Lippel explained how battery test results are […] [Read More]

The Federal Trade Commission’s recent warnings to dealers about how they advertise price have caught the attention of at least one car-shopping platform. TrueCar has announced a series of product and policy updates designed to meet and exceed the FTC’s new truth in advertising standards, as well as state requirements for vehicle pricing transparency. “TrueCar […] [Read More]

A car crash — even a minor one — is a traumatic experience. But it’s not an uncommon one. According to the National Highway Traffic Safety Administration’s latest data, an average of almost 17,000 crashes are reported to police every day, leaving drivers stressed and often confused about what to do next. How does the […] [Read More]

Automotive lending technology platform SelectFI last week announced its official launch in The Shop by FordDirect, making SelectFI’s financing technology available to Ford and Lincoln dealers across the United States. Following year-long vetting process and a pilot program at multiple Ford dealerships, here are four primary benefits: —Shorter sales cycles: Less time in F&I means […] [Read More]

Alfa, provider of Alfa Systems, strengthened its data migration toolbox last week with the launch of Alfa Recon, a new artificial intelligence-enabled reconciliation module. Designed to help customers migrate legacy data and acquired portfolios to Alfa Systems more quickly, more accurately and with greater confidence, the company highlighted Alfa Recon is designed to bring new […] [Read More]

Let’s begin the week with a little positive news for the auto-finance space, courtesy of TransUnion’s April Credit Industry Snapshot. While TransUnion reported the 30-day delinquency rate for auto rose 16 basis points sequentially to 3.97%, analysts also noticed the 60-day delinquency rate on the same comparison slid 13 basis points lower to 1.44%. Furthermore, […] [Read More]

Artificial intelligence in auto retail, says Zeigler Auto Group chief operating officer Sam D’Arc, is in a similar place as digital retail was 4-5 years ago. There’s a lot of excitement, but perhaps not a complete understanding of how AI should be deployed at dealerships. “There is a ton of solutions out there. There are […] [Read More]

Sam D’Arc doesn’t remember what his query was when he first used ChatGPT, but the response was fast and accurate. “It caused a little bit of awe and surprise in how well it extracted information into the answer to the question,” said D’Arc, who is chief operating officer of Zeigler Auto Group in Kalamazoo, Mich. […] [Read More]