John Kett says IAA has a long history of running a digital auction in companion with a live open auction. But Kett, who is chief executive officer and president for IAA, says the company over time conducted research and saw that customers increased their reliance on the company through digital means to bid on and buy cars. […] [Read More]

After what will have been eight years at the helm, National Automobile Dealers Association president and chief executive Peter Welch will retire at the end of the year, NADA announced Wednesday. The NADA Board of Directors appointed Welch to the post in January 2013 to replace Phillip Brady, its president from 2001-2012. With Welch retiring, […] [Read More]

Binary Automotive Solutions, which provides warranty, certification and maintenance programs that it says can help dealerships “sell more vehicles, hold more gross and retain more customers,” is extending its free marketing program for dealerships through May 31. The company is also shipping hand sanitizer to its California-area dealership clients that are reopening. With the free […] [Read More]

PossibleNOW made a pair of moves that could help collections departments be more successful with the call efforts. The provider of direct marketing compliance, enterprise consent and preference management solutions, announced a partnership with Numeracle, a developer within call blocking and labeling visibility in the calling ecosystem. The partnership is designed to extend actionable measures […] [Read More]

A startup virtual auto auction platform offering 360-degree condition reports said in a news release on Wednesday that its marketplace and auction platforms are open for business. That platform is called, LaneX.bid, and its founder and chief executive officer says its structure of conducting live events entirely online “provides maximum health and safety protections for […] [Read More]

The COVID-19 pandemic will undoubtedly have repercussions for consumers and lenders alike, as we are already starting to see. What isn’t evident yet is how things will look in another month, three months, six months and beyond. Have you identified the steps you should take now to help protect the future state? In times of […] [Read More]

The Automotive Intelligence Summit is scheduled for August, and another eight companies are set to be honored as Cherokee Media Group hosts the Automotive Intelligence Summit, one of the fastest-growing events focused on fintech, digital retail, mobility and other elements of the auto tech evolution. Cherokee Media Group, leveraging guidance from the Auto Intel Council […] [Read More]

Portfolio highlighted buyers who are financing their purchase nowadays are acquiring more than just GAP protection or vehicle service contracts from the F&I office. According to internal data from the national provider and administrator of F&I products and dealer participation programs, antimicrobial treatments gained ground as a percentage of all F&I product sales in March […] [Read More]

Equifax shared its latest look at auto-finance delinquency based on data available through April 28. While experts said their overall delinquency reading is “not as high as we were anticipating it could be,” Equifax did find younger customers are navigating their budget challenges created by the coronavirus pandemic better than their older contemporaries. According to […] [Read More]

What do Beyoncé and Amazon have in common? Aside from their respective perches atop the world, they both are among the brand names registering with .dealer Domains, a new domain registry, during its sunrise period for trademarks that began last week, according to a news release Tuesday from.dealer Domains. Other trademarks registering during the sunrise registration […] [Read More]