Since Used Car Week took place with less than 60 days remaining in the year, two leading executives from Allied Solutions outlined their own professional goals for 2022 and also what the company is looking to accomplish during the next calendar year. In this Auto Remarketing Podcast recorded in person at the Red Rock Resort […] [Read More]

Sonic Automotive’s $700 million deal to purchase RFJ Auto Partners, announced in September, is the Charlotte, N.C.-based retailer’s largest acquisition ever and among the retail auto industry’s most significant transactions to date. But beyond the additional revenues and expanded geographic footprint from adding RFJ Auto — which are outlined in this previously reported story — […] [Read More]

AutoWeb has taken its CarZeus used-vehicle acquisition platform to a second market: Austin, Texas. CarZeus buys cars directly from consumers and resells them in the wholesale market. Its first market was San Antonio. AutoWeb purchased CarZeus from founder Phil Kandera and McCombs Family Partners this summer. “We are excited to expand our vehicle acquisition service […] [Read More]

Wednesday marks the opening day of December, so Black Book took the opportunity to give auctions and dealerships a reference point for how the final month of the year might unfold in the wholesale market. [Read More]

The seven-year journey Privacy4Cars has navigated so far to identify the challenges posed by vehicle data and to create solutions to better protect consumers reached another important juncture on Tuesday. The company announced that it has secured two patents, including a patent for its proprietary process to remove privacy information from in-vehicle modules. Privacy4Cars offers […] [Read More]

Agora Data recently rolled out another tool for buy-here, pay-here dealers to get the financial resources they need to compete with well-capitalized competitors. The company that previously launched the first crowdsourced securitization for the BHPH industry recently launches another financing innovation with what Agora Data said is first-ever reducing interest rate line of credit. Agora […] [Read More]

Byrider recently honored the top performers within its network of buy-here, pay-here dealerships and franchisees. During the company’s annual convention on Nov. 13 in Scottsdale, Ariz., Byrider chief executive officer Craig Peters said, “We’re proud to recognize our franchisees and their teams each year at our annual convention. Their commitment to helping their customers move […] [Read More]

At Advantage GPS, company executives and experts are charged up about batteries nowadays. The company recently launched what it’s calling Revo 2.0 — a family of advanced, self-powered wireless GPS tracking devices with cutting-edge, second-generation smart battery technology and power management tools. As one of the first to market with a line of wireless, battery-powered […] [Read More]

Sonic Automotive continues to expand its standalone used-car store program, announcing Tuesday that it has opened an EchoPark delivery center in Augusta, Ga. This is Sonic’s third EchoPark facility in the state and 32nd overall. “With the opening of our newest EchoPark delivery center, we continue to grow our network in the state of Georgia, […] [Read More]

AutoVerify announced earlier this month that it has integrated iA Dealer Services products into its AutoVerify Spotlight piece of its digital merchandising solution. This partnership is designed to help dealers boost F&I penetration. AutoVerify said it can give dealers a “one-stop-shop” for digital retailing, as its Spotlight, Research and E-Commerce functions are designed to help dealres […] [Read More]