Saying that cryptocurrency is becoming accepted into the mainstream as a viable form of payment, eAutoLease will soon will accept cryptocurrency as payment for leasing and online auto sales. eAutoLease, which serves customers in New York, New Jersey, Connecticut and Pennsylvania, said U.S. luxury car dealerships have begun accepting various forms of cryptocurrency over the […] [Read More]

Sonic Automotive’s specialty pre-owned vehicle brand now stretches into the nation’s most densely populated region — the Northeast. On Friday, the company announced the expansion of the EchoPark Automotive network with the addition of Used Car King in the New York markets of Cicero and Cortland. Sonic highlighted these two Used Car King locations bring […] [Read More]

Software-enabled driver assistance services company Agero has introduced a suite of integrated end-to-end vehicle recall management services, which it says helps auto manufacturers stand up and scale streamlined recall experiences for their teams, dealers and vehicle owners. Agero said that process is complex to manage, and it is typically delayed by inaccurate information and coordination […] [Read More]

A sluggish start has not dimmed Cox Automotive’s outlook for certified pre-owned vehicle sales this year. According to the company’s analysis of Motor Intelligence data, January’s 201,023 CPO sales marked a 7% year-over-year decline and a 13% month-over-month drop. But take last month's softening with a grain of salt. The year-ago figure marked a decade-high for […] [Read More]

When car shoppers go back and forth between an online marketplace and a dealer's website, it can be challenging to keep that experience seamless. Cars.com chief revenue officer Doug Miller joins the show to talk about that process, how the various platforms with the CARS group (Cars.com, DealerRater, Dealer Inspire and FUEL) interact during the […] [Read More]

Portfolio found a way to get its collective minds off of the frigid conditions currently in the Lone Star State at least for a little while this week. The provider of F&I products and reinsurance programs announced it was again highlighted as one of the Best Companies to Work for in Texas, as selected by […] [Read More]

US Equity Advantage (USEA) approaches its business activities with the strategy that a well-done onboarding program enhances work performance, boosts job satisfaction, fosters company loyalty and lowers employee turnover rates. Based on that premise, the biweekly installment contract payment service launched AutoPayPlus University, an expanded version of the learning management system it debuted in 2014 […] [Read More]

Independent dealership expert Gene Daughtry is back on the Auto Remarketing Podcast with a timely message for operators who might be struggling to handle inventory acquisition and maintain underwriting discipline. The senior consultant for AMS Consulting cautioned about the pitfalls of pushing parameters in those areas as the spring market intensifies in both the wholesale […] [Read More]

Digital Air Strike co-founder and chief executive officer Alexi Venneri joins the Auto Remarketing Podcast to talk about the company's two acquisitions this month: digital inventory SaaS provider LotVantage, and BestRide.com, an automotive marketplace that allows consumers to search online for vehicles at dealerships throughout the U.S. The latter is the company's first purchase of a […] [Read More]

Specialty auction remarketing services provider CrankyApe.com has named Evan Davidson as national director of auction sales and operations, noting that he will focus on implementing efficiency-based directives across the company. Davidson will also focus on growing the current sales team at CrankyApe, which is a provider of online auction liquidation services for banks, insurance companies, […] [Read More]