In an effort to provide dealerships with all the tools they need to streamline and complete customer vehicle sales online. digital sales platforms AutoAlert and AutoFi teamed up this week to create an integrated software solution. AutoAlert and AutoFi highlighted their new remote selling solution designed to strengthen the capabilities of dealerships challenged by the […] [Read More]

Global fleet services provider ARI and its parent company Holman Enterprises on Wednesday promoted two leaders to sales leadership posts, with a company executive saying the new VPs will help ARI customers “maximize the potential of their fleet as a strategic business asset.” The company named Joe Foster as vice president of technical sales and […] [Read More]

Striving to end hunger in the Phoenix community, Camelback Subaru has so far donated 98,094 meals to St. Mary’s Food Bank through Feeding America. The dealership is also asking local residents to join them in this pursuit. But ​​Camelback Subaru does not want the donations to stop there. For every Subaru the dealership sells through […] [Read More]

National Auto Auction Association president Laura Taylor said Mike Browning has played a strong role in many industry programs, and she said he has been “a quiet force behind the scenes in his leadership with NAAA's Executive Committee.” In recognition of his various contributions to the industry and association, NAAA has named Browning a Warren […] [Read More]

Porsche Cars North America has launched its new pre-owned and certified pre-owned vehicle search platform, which it says is its latest step toward fast-tracking its e-commerce strategy to meet growing customer demand for digital access to the brand. PCNA said the platform, called Porsche Finder, includes optimized search filters for model and generation. It also […] [Read More]

S&P Global Ratings is keeping an even closer watch on subprime auto financing with the coronavirus pandemic still paralyzing the economy. This week, the firm placed its ratings on 33 classes of U.S. subprime auto ABS ratings across 26 transactions from 10 originators on CreditWatch with negative implications, following analysts’ review of all ABS transactions […] [Read More]

Kenny Atcheson is the founder and president of Dealer Profit Pros, which designs marketing and advertising programs for dealerships. Atcheson also is quite fond of baseball. During this episode of the Auto Remarketing Podcast, Atcheson told senior editor Nick Zulovich about how dealerships should not stress over trying to “hit home runs” with their advertising […] [Read More]

Inmotive, which produces the patent-protected Ingear two-speed transmission for electric vehicles, has closed a $7.5-million Series A round of funding. For Toronto-based Inmotive, the investment means the company is a step closer to helping plug-in electric vehicles become lighter and less expensive in addition to improving their range and performance. Existing investor Up Capital Ltd. […] [Read More]

The improvement in retail used-vehicle sales at franchised dealerships is now more rapid than the gains in their new-vehicle sales. And that’s helping to spur continued growth on the wholesale side of the pre-owned market, according to J.D. Power. This week’s J.D. Power Auto Industry Impact Report shows that used-vehicle sales at franchised dealerships so […] [Read More]

In a wide-ranging conversation, well-known finance-industry executive Daniel Parry, who now is the chief executive officer of TruDecision, joined Nick Zulovich for this episode of the Auto Remarketing Podcast to discuss his ongoing data analysis not only of auto financing, but also the reporting of COVID-19 cases on a state level. Parry also shared his […] [Read More]