Black Book and Constant now are working together in an effort to help auto finance companies successfully navigate the potential rise in delinquencies and repossessions. Black Book enhanced data and analytics, including vehicle valuations, now have been integrated within the Constant+ loss mitigation platform. Access to Black Book data is now available for all Constant […] [Read More]

For the smallest buy-here, pay-here and independent dealerships, perhaps their best opportunity to secure funding through the latest round of the Paycheck Protection Program (PPP) arrives on Wednesday. According to an announcement from the White House on Monday morning, the Biden administration has instituted a 14-day period, starting Wednesday, during which only businesses with fewer […] [Read More]

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]