One of the fast ways for possible deliveries to go sideways is the potential buyer not having the credit background needed for the necessary financing. ShopSmartAutos.com’s integration with Dealertrack is meant to head off that possible pitfall as the fruit of their new relationship finalized this week is the possibility for consumers to submit an online […] [Read More]

RAVIN.AI, a developer of vehicle inspection technologies, recently announced an investment round led by Fraser McCombs Capital, while also bringing on auto  industry executive Jim O’Brien as its Americas general manager. The company said in a news release it plans on using the funding round for North American growth and to further develop its platform. […] [Read More]

Whether you’re selling cars or cantaloupes, often the first question your potential customer is asking for is the specific cost of the item. To help pinpoint that answer for automotive retailers when it comes to insurance, DealerPolicy on Thursday announced the launch of FastPass, a mobile experience that is designed to deliver instant, personalized insurance […] [Read More]

Dealership showrooms aren’t necessarily the primary place managers, salespeople and other personnel cater to potential vehicle buyers nowadays. To help optimize operations and ease daily workloads, Dealertrack DMS recently introduced three new integrations geared toward helping dealership staff — regardless of whether they are working in-store or remotely — root out time-intensive, manual processes slowing […] [Read More]

With social distancing the new COVID-19 norm for dealerships and other retailers and public spaces, some of the features of the new Mercedes-Benz dealership that Baker Motor Co. wants to open by the end of the year might be even more valuable. Stretching over 13 acres at 425 Sigma Drive off Interstate 26 in Summerville, […] [Read More]

The all-digital Auto Remarketing Canada Conference begins in just over a month, and the lineup is set to include the usual wide range of keynotes, workshops and training. However, the agenda set-up will look a bit different this year, given that it is a completely digital experience. For one, the content will be spread out […] [Read More]

While it was a tough close to the first quarter and rough start to the second, AutoCanada’s retail used-vehicle sales in Canada made significant improvement in May before a major spike in June. A graph included in the retailer’s earnings release that details year-over-year change in Canadian retail vehicle unit sales shows that used sales […] [Read More]

COVID-19 is crushing a wide array of small businesses as stay-at-home orders forced closures. Some owners are even taking the drastic action to wind down the operation for good. However, the latest information from Urban Science shows how resilient franchised dealerships have been during the pandemic as the firm released statistics and insights on Thursday […] [Read More]

EFG Companies president and chief executive officer John Pappanastos returned to the Auto Remarketing Podcast to elaborate about the company’s updated 2020 predictions for the retail automotive and F&I market. As the U.S. economy experiences the pandemic-driven downturn, EFG predicts continued softness in light-vehicle sales with greater downside performance risk than upside opportunity. While economic […] [Read More]

Ecommerce is a key vehicle for the route Sonic Automotive is taking to more quickly expand its growing EchoPark Automotive used-car program. The retailer’s CEO said in the company’s latest quarterly earnings release that Sonic is partnering with Cox Automotive and Darwin Automotive to build “first of its kind proprietary e-commerce platform and user interface” […] [Read More]