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Capital One Auto Navigator launches first national ad campaign featuring Eugene & Sarah Levy
Monday, Jun. 7, 2021, 02:56 PM
Auto Fin Journal Staff
The award-winning TV sitcom "Schitt’s Creek" stems from the financial downfall of a husband and wife who live in a motel with their adult children. Capital One is leveraging the family celebrity duo in the first national advertising campaign for Capital One Auto Navigator in hopes consumers have a much more pleasing result when financing […] [Read More]
Nicholas Financial makes numerous year-over-year performance improvements
Monday, Jun. 7, 2021, 02:44 PM
SubPrime Auto Finance News Staff
Nicholas Financial made quite a year-over-year rebound when detailing its 2021 fiscal year results last week, including vital metrics like net income and delinquency rates. Despite a dip in total revenue, the subprime auto finance company reported that its net income for the fiscal year that ended March 31 jumped to $8.4 million compared to […] [Read More]
CarLotz expands presence in Virginia with new Charlottesville location
Monday, Jun. 7, 2021, 02:34 PM
Auto Remarketing Staff
Consignment-to-retail used vehicle marketplace CarLotz has opened a new hub in Charlottesville, Va.. The new location will be at 1389 Richmond Road, and marks the fourth hub in the state and 12th nationwide. Ned Gallaway, who previously served as the former manager of CarLotz’s Midlothian, Va., hub, will lead the new Charlottesville store. “We couldn’t be […] [Read More]
New Imagine Autos tool incorporates innovative AI technology
Friday, Jun. 4, 2021, 07:21 PM
Auto Remarketing Staff
Imagine Autos is bringing a new video-centric car buying experience to consumers. The site works to deliver an easy-to-use, interactive layout that lets consumers watch videos of vehicles they're interested in purchasing. Imagine Autos is “bringing the car buying experience” to the digital age by being one of the only third-party car listing site that focuses on […] [Read More]
PODCAST: Inside the CDK-Roadster merger
Friday, Jun. 4, 2021, 06:50 PM
Auto Remarketing Staff
CDK Global announced Wednesday that it purchased Roadster in a $360 million deal, a merger that has huge implications for the digital retail segment of automotive. What brought the two companies together? How might Roadster's digital retail capabilities complement CDK's technology? What additional opportunities does the merger bring to each company? CDK chief product and […] [Read More]
Holman hosts Rolls-Royce enhanced by contemporary artist
Friday, Jun. 4, 2021, 06:25 PM
Auto Remarketing Staff
There’s not been an exotic model quite like this one in a dealership showroom. During an exclusive event at Holman Motorcars, hosted in partnership with Supercar Rooms Miami, renowned contemporary artist Bradley Theodore transformed a Rolls-Royce Ghost into a one-of-a-kind work of art, adding his trademark colorful flair to this iconic vehicle that the company […] [Read More]
PODCAST: Canada Drives co-CEO talks expansion & more
Friday, Jun. 4, 2021, 04:22 PM
Auto Remarketing Canada Staff
Canada Drives co-chief executive officer Cody Green joined the Auto Remarketing Podcast to discuss the company's online vehicle shopping and delivery platform expanding into Ontario, future growth plans and more. Plus, Green shares a bit about the company's platform in the United States, USA Drives. To hear the conversation, click on the link available below, or visit […] [Read More]
5 key findings from 2021 DMS Dealer Sentiment Survey
Friday, Jun. 4, 2021, 02:39 PM
Auto Remarketing Staff
In this case, it could be considered positive that dealers have their heads in the clouds. This week, Dominion VUE DMS released results of its 2021 DMS Dealer Sentiment Survey, a commissioned independent study involving 220 DMS decisionmakers from dealerships to determine attitudes toward their current dealer management system. The cloud-native solution provider highlighted five […] [Read More]
Penske races into Charlotte with latest dealership purchase
Friday, Jun. 4, 2021, 02:31 PM
Joe Overby, Senior Editor
The Charlotte, N.C., area is the heart of NASCAR and home to two of the nation’s largest dealership groups: Hendrick Automotive Group and Sonic Automotive, both of which have deep lineages in the sport through their respective founders, Rick Hendrick and Bruton Smith. And now another large dealership group whose founder has strong ties to auto racing is […] [Read More]
PAR chooses Hawley to be VP of sales and client relations
Friday, Jun. 4, 2021, 02:14 PM
SubPrime Auto Finance News Staff
PAR North America chose an executive with almost two decades of industry experience to be its vice president of sales and client relations. According to a news release distributed on Thursday, the business unit of KAR Global announced the appointment of Ryan Hawley, who will lead a fast-growing team of sales professionals and liaise with […] [Read More]
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