Coinciding with Canada’s Used Car Week, EBlock on Wednesday announced the opening of its new auction facility in Halifax, Nova Scotia, along with plans for a similar site in Edmonton, Alberta. The company highlighted this strategic expansion underscores EBlock’s commitment to its “Canada-first” strategy and its vision of blending traditional auction methods with cutting-edge digital […] [Read More]

Clarivoy has more data for dealerships to consider when examining their advertising effectiveness. The company that specializes in multi-touch sales attribution and advanced identity resolution for automotive on Tuesday announced the launch of its exclusive new metric: Marketplace Visit Attribution (MVA). Through strategic partnerships with leading automotive marketplaces, including Autotrader, Cars.com, CarGurus, and Edmunds, and […] [Read More]

Here’s another relationship designed to put more charge into the electric-vehicle space. The American Center for Mobility, VicOne, and Block Harbor have entered a memorandum of understanding (MOU) to offer security services around electric vehicle charging as part of ACM’s mission to enable safe, sustainable, and secure mobility technologies. The organizations said the security of […] [Read More]

Along with highlighting a continued decrease in wholesale prices and a sagging auction conversion rate, Black Book’s newest Market Insights released on Tuesday pinpointed six specific vehicle segments that made the most significant value moves in the lanes last week. Overall, Black Book reported wholesale prices declined 0.47%. And analysts said bidding activity also slowed […] [Read More]

Asbury Automotive Group opened the path for Vaughan Automotive to enter California. According to a news release from The Presidio Group that helped to facilitate the transaction, Asbury on Monday closed its sale of a Toyota dealership and related real estate and business operations located in Lemon Grove, Calif. Asbury purchased the Toyota dealership as […] [Read More]

If you follow the news, you’ve probably heard a lot of negative talk lately about the health of the American economy. Tariff threats, trade wars, cuts in government spending, layoffs in both public and private sectors and investment market turmoil have many experts wondering if we’re headed for a recession — or something worse. This […] [Read More]

The 20th annual American-Made Index (AMI) generated by Cars.com took even more significance amid the maelstrom the automotive industry faced this spring from the Trump administration’s tariff negotiations and policy enactments. Coupled with inflationary pressures, analysts highlighted this year’s index reflects growing consumer urgency to understand one thing: Where is this car made? Cars.com experts […] [Read More]

“Cost of acquisition” should not just be a popular discussion point on Shark Tank. It should be top of mind for dealer principals in the automotive retail sector, where the challenge is not simply how to generate leads but equally important having complete visibility and insight into where the leads came from. How to convert […] [Read More]

With J.D. Power recently saying certified pre-owned vehicles are “again quietly emerging as an important strategic play for both automakers and their dealers,” the newest data from Cox Automotive showed the CPO sales market is making upward strides. Cox Automotive estimated May’s CPO sales came in at 231,137, down only slightly from the strong April […] [Read More]

Remember when compliance experts spent years discussing the Safeguards Rule? You know, the mandate that requires non-banking financial institutions, such as car dealers, to develop, implement, and maintain a comprehensive security program to keep their customers’ information safe? Well, the Federal Trade Commission brought it back to the automotive industry’s attention again on Monday. The […] [Read More]