Here’s a development to help independent and buy-here, pay-here dealerships that want to retail certified vehicles. GWC Warranty and the National Independent Automobile Dealers Association recently announced a strategic partnership to provide the NIADA Certified Pre-Owned Vehicle program. According to a study by Cox Automotive, the average customer is willing to pay $3,000 more for a […] [Read More]

Mergers and acquisitions continue to permeate the entire automotive industry. Tuesday’s public development involved the GPS and risk mitigation spaces. Advantage GPS announced the acquisition of Michigan-based Asset Tracking Technology, a distributor of GPS tracking devices for finance companies, buy-here, pay-here dealerships, fleet tracking and personal tracking devices. According to a news release, the company […] [Read More]

Many in the industry are rushing to secure their leadership position on the electric vehicle front, and some are are playing an even longer game, making sure to stay at the top of the pack when it comes to EV charging infrastructure.  That's certainly the case for Capital Volvo Cars of Albany. The upstate New York dealership, […] [Read More]

One of the more than 140 speakers who are on deck for Used Car Week appeared on this episode of the Auto Remarketing Podcast Kirsten Von Busch, who is director of product marketing Experian Automotive, discussed how far the industry has progressed in spotting flood-damaged vehicles, but how improvements still can be made, especially now […] [Read More]

Along with the update he shared during a recent episode of the Auto Remarketing Podcast, Jerry Cox also found crucial new information to help auctions and dealerships see if vehicles on their lots are equipped with potentially dangerous Takata airbags. The chairman and chief executive officer with Potomac Strategy Associates discovered and shared the latest […] [Read More]

Starting in October, Repairify will use its asTech remote scanning and diagnostic services to provide comprehensive diagnostic scan reports along with official OEM tool reports.  "We listen to our customers. We are committed to providing excellent service to continually enhance our products and services," said Cris Hollingsworth, president of Repairify, in the press release announcing the news. "The […] [Read More]

To commemorate 70 years of serving more than 100,000 worldwide members, Blue Federal Credit Union recently paid off five randomly selected members’ loans totaling $70,000, including two vehicle retail installment contracts. In June, credit union officials said any member in good standing who took out any loan sans a first-time mortgage was automatically entered to […] [Read More]

TrueCar is trying to improve the financing process for dealerships and vehicle shoppers that might engage with its website. On Friday, TrueCar announced a new experience powered by Capital One that allows eligible shoppers to pre-qualify for auto financing through Capital One and Westlake Financial as they begin their car-buying journey with TrueCar Certified Dealers. […] [Read More]

Oftentimes when a federal regulator charges after a subprime auto finance company, it’s the Consumer Financial Protection Bureau or the Federal Trade Commission doing the investigations and handing out enforcement actions. Last week, it was the Securities and Exchange Commission getting involved in auto-finance oversight. The SEC announced fraud charges against two former executives of […] [Read More]

In two pieces of news to come out of CDK early this week, the company is launching the inaugural CDK Connect Conference next week, and a new company in the auto tech space has joined its CDK Global Partner Program, as well.  Automotive Innovations (Ai), which goes by the same acronym as artificial intelligence, launched its suite […] [Read More]