Protective Asset Protection is celebrating 60 years of service this month as a provider of F&I products that help protect each vehicle investment while equipping dealers with the F&I products they need to instill confidence and trust in their customers. The company began by protecting cars and trucks 60 years ago and then added motorcycles, […] [Read More]

Cox Automotive spotted multiple used-vehicle retail sales metrics softening in July on both a sequential and year-over-year comparison. And experts see rough sledding for used-vehicle retailing for the rest of the year. According to Cox Automotive estimates shared on Tuesday via a Data Point, July total used-vehicle sales landed near … [Read More]

On Tuesday, Mississippi-based tech startup Carmigo announced the close of its most recent funding round. After receiving $7 million from both the original and new investors, Carmigo said will continue building its online marketplace connecting individual vehicle sellers with dealers in a one-day auction. According to a news release, this funding round brings the total […] [Read More]

An eight-year journey with the company so far has led Tony Compton to becoming chief technology officer of PureCars, a leading provider of digital marketing technology and services for automotive dealers. The company highlighted in a news release announcing the promotion that Compton has consistently progressed with PureCars, beginning with his start in 2014 as […] [Read More]

Here’s an example of what happens after an acquisition takes place. Green Line Automotive announced it has been selected by Driven Data as a preferred partner to take over its paid media partnerships as that firm focuses on first-party data audiences and analytics. Driven Data was acquired by Polly in June and will be continuing to […] [Read More]

On Tuesday, Fox Dealer announced the appointment of an automotive industry veteran to fill the newly created position of chief technology officer. Coming over from Edmunds to take on this new position is Donnie Shilling, who will oversee the development, advancement and management of Fox’s current technical resources in addition to the assessment and integration […] [Read More]

Brett Scott, who is vice president of government affairs at the National Independent Automobile Dealers Association, took some time away from being on Capitol Hill for this episode of the Auto Remarketing Podcast. Scott recapped what the atmosphere is like around lawmakers and their staffs, as NIADA gears up to host its National Policy Conference […] [Read More]

Credit Acceptance said late on Monday that founder Don Foss passed away on Sunday from complications arising from an aggressive form of cancer. He was surrounded by his family, according to the company announcement. Specializing in subprime auto financing, Credit Acceptance was incorporated in 1972, as Foss served as chief executive officer until 2002, followed […] [Read More]

The used-car shopper who arrives on a dealer’s lot or online listings looking for a vehicle that will save them money at the gas pump may end up spending quite a bit more elsewhere. Specifically, on the transaction itself. While the overall retail used-car market showed sequential price stability last month, with some segments’ prices declining […] [Read More]

Manheim has been busy fine-tuning its technology, as well as bringing new products to the market and strategic moves to further convenience and efficiency for its clients.  Brad Burns, associate vice president of vehicle information at Manheim, has helped lead the push. Manheim put Burns to work, starting with the promotion to his current role […] [Read More]