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Experts see AI as crucial to help auto finance companies make needed digital-experience improvements
Wednesday, Jan. 15, 2025, 11:39 AM
Nick Zulovich, Senior Editor
One of the keynote sessions at next week’s Vehicle Finance Conference hosted by the American Financial Services is focused on how auto finance companies are now exploring innovative ways to harness advanced artificial intelligence capabilities to enhance operational efficiency, customer service, and talent development. And it appears to be a needed strategy path if findings […] [Read More]
Dealertrack Compliance Guide turns 20
Wednesday, Jan. 15, 2025, 11:37 AM
SubPrime Auto Finance News Staff
Cox Automotive hit a longevity milestone with one of its resources for dealerships. On Tuesday, the industry giant released its annual Dealertrack Compliance Guide for 2025, its 20th edition. As the automotive industry remains stable yet faces major market shifts in the coming year related to fair financing, vehicle electrification and omnichannel buying, Cox Automotive […] [Read More]
Beck’s next stop in automotive is with Agora Data
Wednesday, Jan. 15, 2025, 11:35 AM
SubPrime Auto Finance News Staff
Jeremy Beck has embarked on another segment of his professional journey in automotive. Beck, whose career includes time with the National Independent Automobile Dealers Association, APCO Holdings, GWC Warranty and Ally Financial, now is vice president of sales strategy for Agora Data, a fintech company specializing in delivering technology, capital, and analytics for the subprime […] [Read More]
Younger car buyers want insurance options at the dealership, survey shows
Tuesday, Jan. 14, 2025, 04:16 PM
Auto Remarketing Staff
With affordability continuing to loom as a major factor in auto retail, insurance costs have emerged as a key factor in auto sales. And according to the latest data from embedded automotive insurance marketplace Polly, the younger the car buyer the more important it is to take care of insurance at the dealership. Polly’s 2025 […] [Read More]
Repair OnDemand to unveil 5 upgrades for Repair360 at NADA Show 2025
Tuesday, Jan. 14, 2025, 02:59 PM
Auto Remarketing Staff
Repair OnDemand wants to make a big splash and the upcoming NADA Show. The auto repair technology provider said it will launch five new enhancements to its Repair360 reconditioning management system during the event, set for next week in New Orleans. “We’re seeing profit margins shrinking again as we head into 2025, and one way […] [Read More]
TradePending adds video walk-around feature to trade-in valuation tool
Tuesday, Jan. 14, 2025, 01:56 PM
Auto Remarketing Staff
Dealership software platform TradePending has launched new video feature in its trade-in valuation tool. The free update is designed to allow car owners to record and share a short video walk-around of their vehicles, enhancing the process for both dealerships and customers. When users request a trade-in value through TradePending’s tool, the company said, they […] [Read More]
PODCAST: Talking transportation with Casey Harmon of RunBuggy
Tuesday, Jan. 14, 2025, 01:55 PM
Auto Remarketing Staff
We continue our episodes of the Auto Remarketing Podcast originating from Used Car Week 2024 in Scottsdale, Ariz., with a Speed Session featuring Casey Harmon, who is senior vice president at RunBuggy. Harmon shares his perspectives about how the transportation sector is handling the demands of dealers, consignors and other clients who sometimes want vehicles […] [Read More]
Franchise dealers open their wallets and their hearts to assist their local communities
Tuesday, Jan. 14, 2025, 12:14 PM
Arlena Sawyers , Correspondent
For Rita and Rick Case, the philanthropic seed was planted in 1980 when they were moved by the number of children who came into their northeastern Ohio motorsports and bicycle stores wishing for a bike. So the Cases, through public service announcements, asked the community to donate bicycles they or their children no longer needed, […] [Read More]
COMMENTARY: 2025 auto retail outlook, as machine learning meets inventory intelligence
Tuesday, Jan. 14, 2025, 11:42 AM
Len Short, Lotlinx
As we step into 2025, the automotive retail industry is ready to take its next step in modernizing its operations, where artificial intelligence (AI) and machine learning (ML) are poised to reimagine dealership operations. The focus is shifting from customer-facing AI applications to leveraging these technologies for back-end data optimization, particularly in inventory management and […] [Read More]
PODCAST: Making most of refunds with Bill Neylan of Tax Max
Tuesday, Jan. 14, 2025, 10:52 AM
BHPH Report Staff
We continue our episodes of the Auto Remarketing Podcast from Used Car Week 2024 in Scottsdale, Ariz., with a Speed Session featuring Bill Neylan, who is CEO and president of Tax Max. Some dealerships have been crafting deals for several weeks now based on potential federal tax refunds. Neylan explained how that’s being completed and […] [Read More]
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