automotiveMastermind, which offers a marketing automation and solution platform for dealers, has launched add-ons to its offerings designed to assist dealers with inventory challenges to not only engage with but also retain buyers.  automotiveMastermind's predictive marketing campaigns help dealers stay in communication with loyal customers and prospects and acquire preferred pre-owned inventory from "untapped" sources in their market. The company […] [Read More]

Rebecca Howard is the chief executive officer of Olive.com, an automotive insurtech company that helps consumers line up vehicle protection plans digitally and at their own pace. Howard joins the Auto Remarketing Podcast to talk about what that process looks like to car owners, the increased digitization of ancillary products/services in the auto industry, the macro […] [Read More]

Earlier this month, CarLotz made its first foray into Alabama with a move into Mobile. This week, the consignment-to-retail used-vehicle marketplace announced it will open a hub in Huntsville. The hub — to be located at 6561 University Drive — will provide CarLotz’s guests in Huntsville and its surrounding markets with easy access to its unique buying and […] [Read More]

Automotive ecommerce platform Shift said Thursday it has named a former Walmart executive as its president.  Jeff Clementz, formerly the senior vice president and general manager of Walmart U.S. marketplace and partner operations, will take on the role starting Friday. “We are thrilled to welcome such a proven leader with a strong vision and aptitude for execution at […] [Read More]

Cox Automotive, Edmunds, J.D. Power and TrueCar all tried to sort through the static created by new- and used-vehicle supply constraints and rising prices to offer sales and other predictions for September, which closes on Thursday. For dealers that do have plentiful used and new models to retail, perhaps this comment from Edmunds senior manager […] [Read More]

In year seven of Auto Remarketing’s annual 40 Under 40 program, you will find the current- and next-generation leaders of the used-car business who are making big differences in the industry and at their respective companies. Auto Remarketing is honored to recognize these folks and celebrate their accomplishments. Stay tuned for more in the October issue of Auto Remarketing, and […] [Read More]

Perhaps the opposite of the “perfect storm” is the “perfect drought.” The latter term is what KAR Global chief economist Tom Kontos used to describe what’s happening in the wholesale market, especially when it comes to prices and supply. [Read More]

Another relationship came to fruition Wednesday with the goal of keeping customer information secure but still accessible for permitted users. Envestnet | Yodlee, a leading data aggregation and analytics platform powering dynamic, cloud-based innovation for digital financial services, and Navy Federal Credit Union (NFCU) announced a data access agreement. The organizations said this partnership will […] [Read More]

Point Predictive chief fraud strategist Frank McKenna made his first appearance on the Auto Remarketing Podcast since this spring’s Automotive Intelligence Summit to discuss fraud trends that have surfaced recently. McKenna also gauged the current mood of finance companies; whether they feel they’re making strides in the fight against fraud or if they’re as frustrated […] [Read More]

The prognosis for the economy, finance companies and investors continues to be mixed since experts and policymakers keep pointing toward a factor that has shown to be incredibly difficult to control. Cox Automotive, the Federal Reserve, the National Association of Federally-Insured Credit Unions and S&P Global Ratings all have chimed in on the current landscape […] [Read More]