Predictive analytics and marketing automation company automotiveMastermind has integrated its Market EyeQ sales platform with CARFAX History-Based Value, or CHBV, noting that the integration comes at a time when dealers are using trade-in vehicles more to supplement inventory shortages and rising wholesale prices. Mastermind said with the integration, dealers will be able to choose CHBV […] [Read More]

After racing higher when auctions began to move vehicles through the wholesale market again after the outset of the coronavirus pandemic, values are starting to make a noticeable turn lower, according to Black Book’s newest COVID-19 Market Insights released on Tuesday. While the dollar amount might only fetch a drive-thru meal for you and your […] [Read More]

Independent dealership group Off Lease Only LLC has named former Herb Chambers chief executive officer Alan McLaren as chief operating officer, noting that McLaren will oversee the company’s day-to-day operations. Those duties include oversight of sales, finance & insurance, fixed operations and the business development center. As former chief executive officer at Herb Chambers, which […] [Read More]

Reputation management and social media engagement platform Widewail has launched an SMS-driven review generation tool that it says “gives businesses another lever to pull to automatically and continually generate content via SMS.” The tool is called Invite, and Widewail says it delivers a timely review response strategy that keeps customers engaged, satisfied and loyal. Stating […] [Read More]

John Hammer, who is chief commercial officer of KAR Global and president of ADESA, and Steve Jordan, who is KAR's executive vice president of dealer sales, join the latest episode of the Auto Remarketing Podcast.  They talk with Auto Remarketing's Joe Overby about the digitization of wholesale, dealer-related projects KAR has in store and much […] [Read More]

Consolidation that the repossession and recovery industries have rarely seen — if ever — came to light on Tuesday. According to a news release, Camping Companies and Paramount Recovery Service are merging, and four other repossession companies are involved, too, as Accurate Adjustments of California, Able Auto Adjusters of California, Advanced Services of Redding California and […] [Read More]

Knowing precisely the status of your collateral likely is even more important in a world impacted by COVID-19. On Tuesday, PassTime announced the launch of the Encore 2, the next generation of Encore, its battery-powered GPS device that hit the market a year ago. The company highlighted Encore 2 features several enhancements, including: • Time […] [Read More]

One of Byrider’s award-winning, buy-here, pay-here dealership franchisees recently set up a new retail location near one of the largest military installations in the United States. Byrider franchise group, Enoch Enterprises, just opened a new location in Killeen, Texas. The new location was selected due to its close proximity to a large U.S. Army base […] [Read More]

Manheim said Monday it has added seven auctions in the Southeast to its Digital Block in-lane bidding program, meaning the company now has more than 50 locations in the program. The auctions added this week are all in Tennessee (Manheim Nashville) or Florida (Manheim Central Florida and Manheim Fort Myers, Manheim Pensacola, Manheim Daytona Beach, […] [Read More]

Privately owned dealership group Holman Automotive recently opened its Mercedes-Benz Van Center – Maple Shade, a commercial vehicle dealership. The all-new 18,000-square-foot dealership sells new and pre-owned Mercedes-Benz vans and includes a dedicated commercial service center. Holman, which operates 40 dealership franchises representing 20 brands from the East Coast to the Pacific Northwest, said the […] [Read More]