CarNow and J.D. Power are set to launch a new partnership during the first quarter. The companies recently announced a strategic alliance that’s meant to integrate the J.D. Power F&I presentation solution with CarNow’s real time retail platform. According to a news release, the direct integration of J.D. Power with CarNow’s platform can provide vehicle […] [Read More]

The title of a new report from eLEND Solutions included a question likely being pondered by dealerships and finance companies, “In the Post-Pandemic New Normal, Where Does Digital Retailing End?” The automotive fintech innovator highlighted that digital retailing capabilities continue to march forward for 84% of auto dealers, but that end-to-end DR adoption is stopping short […] [Read More]

GWC Warranty finalized a relationship on Monday that might make its F&I solutions for used vehicles more appealing for dealership customers, especially ones who prefer at-home or at-work vehicle repairs. GWC Warranty selected Wrench as a new preferred facility repair partner. Wrench is a mobile mechanic services provider that currently services 55 metropolitan markets and […] [Read More]

While consumers with the poor credit profiles didn’t benefit quite as much, RateGenius highlighted through its latest Auto Refinance Rate Report that October contained the lowest average refinancing rate so far this year. [Read More]

This holiday season, Jim Ellis Automotive Group is running its fifth annual Holiday Giving Campaign, an endeavor that this year will benefit Atlanta Children’s Shelter, a nonprofit organization that provides homeless children with free day care, emotional support and an education program, along with focused social services for their families.   In a program running […] [Read More]

Perhaps now more than ever with the used-car market in a place never previously seen, having tangible insight into residual values is even more crucial to automakers, finance companies and dealerships. With that scene in mind, experts announced the recipients of the J.D. Power 2022 U.S. ALG Residual Value Awards, highlighted by Honda and Lexus […] [Read More]

On both a wholesale and retail level, used-vehicle sales have slowed down, and that includes sales of certified pre-owned vehicles, reports from industry observers indicate. However, it appears the used-car market could still reach the all-time record for CPO sales set in 2019, according to a Cox Automotive analysis of data from Motor Intelligence. Through […] [Read More]

Joe Kichler, vice president of Manheim Logistics, joins the Auto Remarketing Podcast in an on-site episode from Used Car Week earlier this month. Kichler and Auto Remarketing senior editor Joe Overby talk about Manheim's partnership with DHL, the transportation space and much more. Stay tuned for more on-site episodes from Used Car Week in coming […] [Read More]

In a conversation recorded in person during Used Car Week, KAR Global chief economist Tom Kontos returned for another episode of the Auto Remarketing Podcast. Kontos shared how often he and his KAR Global team had to be sure they were looking at wholesale trends correctly since so many unique patterns surfaced this year. And […] [Read More]

Retailers of consumer goods have been advertising discounts connected with Black Friday for several weeks now. However, store managers looking to score a deal on used inventory like they might for a television or cookware might not be as successful. Black Book conceded in its latest installment of Market Insights released on Tuesday that “values […] [Read More]