EBlock has been on the fast track to business expansion and growth in both its home — Canada, where it launched in 2015 — as well as the United States, which it entered in 2019.  Jason McClenahan, who is president and chief executive officer of EBlock parent company E Inc., said in an episode of […] [Read More]

Given the widespread challenges from vehicle inventory shortage and supply chain issues, there was a 10% year-over-year decline in the number of units that entered the lanes of NAAA-member auctions last year, according to the association’s annual industry survey.   There was also a 4.6% drop in the number of cars that entered auction lanes […] [Read More]

DealerSocket is looking to help operators get their inventory to stand tall on the front line faster, especially if the vehicles are arriving in rough shape and need notable repairs. On Wednesday, DealerSocket announced a partnership with AutoMobile Technologies, an industry leader in auto reconditioning software, to provide integrated vehicle reconditioning management capabilities to its […] [Read More]

At NADA Show 2022 earlier this month in Las Vegas, CARFAX public relations director Emilie Voss and head of dealer marketing Rob Bois joined senior editor Joe Overby for an epsidoe of the Auto Remarketing Podcast.  They discussed the launch of the CARFAX 100 dealer recognition program, what makes top-rated dealers stand out, updates on the […] [Read More]

At the NADA Show in Las Vegas earlier this month, CARFAX recognized a select group of its dealer partners that stand out when it comes to consumer reviews. The company launched “The CARFAX 100,” which spotlights dealers who had more than 100 verified reviews last year and averaged at least 4.9 stars out of 5 […] [Read More]

Perhaps if there is not a parade of potential vehicle buyers arriving at your dealership this tax season, a trio of consumer surveys might shed light on why; even though the average federal income tax refund is 13% higher this year than in 2021. According to filing data from the Internal Revenue Service through March […] [Read More]

This episode of the Auto Remarketing Podcast recorded during this year's American Financial Services Association’s Vehicle Finance Conference features Tracy McArthur, who is vice president of automotive lending at Equifax. McArthur shared with senior editor Nick Zulovich about how finance companies are sharpening their underwriting in light of an array of circumstances influencing originations nowadays. To […] [Read More]

Our episodes of the Auto Remarketing Podcast from NADA Show 2022 roll on with a conversation about certified pre-owned vehicles. Senior editor Nick Zulovich spent time in Las Vegas with Elliot Schor, who is vice president of sales with JM&A Group, which recently launched a program in collaboration with J.D. Power aimed helping franchised dealerships […] [Read More]

This person has more than 27,000 followers on Twitter, a contingent that includes auto industry executives, journalists, companies and dealers, along with consumers, investor-types and more. But it’s likely you have no idea who this person really is — and that’s by design. Since joining Twitter in December, the pseudonymous CarDealershipGuy account (@GuyDealership) has created a following […] [Read More]

Here’s how a bank and a dealer group are working together to solve concerns for both consumers and dealerships. U.S. Bank and Driveway are collaborating to pay vehicle sellers immediately with real-time payments, making Driveway the first online dealership to pay customers over the RTP network, according to a news release distributed on Wednesday. U.S. […] [Read More]