Digital financing innovator eLEND Solutions highlighted more than 10 findings from its latest dealer survey, reiterating how the COVID-19 pandemic has encouraged dealerships to embrace digital retailing as a low-touch transaction alternative and how this adoption of technology has changed traditional dealer process and perception. Based on a survey fielded by eLEND Solutions among dealers […] [Read More]

At least one industry expert used some positive adjectives when assembling reaction after the Federal Reserve released consumer credit data for December. The credit data arrived after a federal forecast projecting how long it might take for the U.S. job market to rebound from the pandemic. According to data released on Friday, the Fed said […] [Read More]

Lauren Donalson of PureCars joined the Auto Remarketing Podcast in late January ahead of Super Bowl Sunday to discuss how advertising was set to look different for automotive. In addition to setting a different tone, look for a used-car player to make its grand entrance on the ad stage. Note that the episode was recorded Jan. […] [Read More]

NOTE: Story has been updated to clarify that Ford's Super Bowl ads are regional.  In one key aspect, Sunday’s Super Bowl will appear the same as it has for much of the past two decades. It will involve Tom Brady, who will have appeared in 10 of the last 20 Super Bowls. But in several other […] [Read More]

Nissan has selected automotive e-commerce provider CarSaver to power its new online shopping platform. The platform is called Nissan@Home, and Nissan chose CarSaver's e-commerce platform to support components of a new end-to-end online buying experience for customers. That experience will take place from first click to home delivery. “Nissan@Home changes the customer buying and ownership […] [Read More]

A new web ite from cloud-native dealer management system Dominion VUE DMS offers resources to support dealers as they navigate a changing landscape of new consumer shopping preferences, regulations, security threats and emerging technologies. “A DMS is the digital heartbeat of a dealership,” Dominion DMS president Sharon Kitzman said in a news release. “So the […] [Read More]

Coinciding with Black Book releasing its first index reading of the year, Cox Automotive reported the latest upward moves of the Manheim Used Vehicle Value Index; similar to what the analyst team at J.D. Power Valuation Services spotted, too. Cox Automotive indicated that wholesale used-vehicle prices (on a mix-, mileage-, and seasonally adjusted basis) rose […] [Read More]

NCM Associates, which provides analytical data, education, and consulting services to the automotive industry, announced a new collaboration with a technology company to help solve issues that the company says has hurt the industry for decades. Those issues are data ownership, fragmentation and lack of visibility to business insights and intelligence. NCM’s collaboration is with Tekion […] [Read More]

An enforcement action involving Santander Consumer USA (SCUSA) stemming from four years ago came to a conclusion on Thursday. Santander Holdings USA and SCUSA confirmed in a news release that the board of governors of the Federal Reserve System has authorized the Federal Reserve Bank of Boston to terminate its written agreement with the bank […] [Read More]

LocateSmarter’s Alex “SkipGuru” Price and RISC are joining forces not just to help professionals sharpen their skip-tracing skills, but also to generate financial resources for a cause connected to something more valuable than vehicles. To support the Innocent Lives Foundation (ILF), RISC and Price said they will donate 100% of the sales proceeds of the […] [Read More]