Retail
PODCAST: Steve Levine tells chilling tale of the FTC CARS Rule
Monday, May. 6, 2024, 04:40 PM
Auto Remarketing Staff
Auto industry attorney Steve Levine, owner and chief legal and compliance officer of Ignite Consulting Partners, is not a scary guy. But he told a chilling tale in his session at the 2024 BHPH United Summit in Las Vegas, frightening ... [Read More]
MORE Retail
Two Car Pros dealerships selected for Kia America President’s Club
Group 1 credits technology for decent Q1 used sales and margins
Napleton again leads dealer groups in responding to internet leads
Wholesale
Former GM executive joins United Road as SVP of sales and marketing
Monday, May. 6, 2024, 03:09 PM
Auto Remarketing Staff
Longtime General Motors executive of Anthony Clevio is joining vehicle transport logistics provider United Road as senior vice president of sales and marketing, United Road chairman and CEO Mark Anderson announced. Clevio most recently served as GM’s global logistics director ... [Read More]
MORE Wholesale
Q1 commercial consignment sales at OPENLANE climb 33%
Sponsored Content
Is Cash In Transit Compromising Your Cash Flow?
Lendbuzz
For most dealerships, maintaining healthy cash flow is a top priority. One of the biggest threats to that cash flow? Traditional lending processes that force them to wait for cash in transit—often for up to two weeks after the deal has closed and the car has left the lot. Your next lending partner should be able to fund the majority of your deals on the same day the car is sold—even for customers who have thin to no credit history. Learn about Lendbuzz today
Technology
CallRevu partners with Merchant Centric reputation management & customer insights
Friday, May. 3, 2024, 11:19 AM
Auto Remarketing Staff
This week, CallRevu welcomed Merchant Centric into its Center of Excellence. The provider of communications technology for the automotive retail industry said this partnership represents another stride into brand reputation management, leveraging Merchant Centric’s expertise to enhance the overall customer ... [Read More]
MORE Technology
COMMENTARY: The jury is out, so how many dealers are utilizing AI?
Motive Retail’s MIX platform joins Dealertrack’s integration program
STELLA closes $19.7M Series A financing round to further develop its AI technology
Financial
COMMENTARY: Honda’s CPO leasing initiative targets affordability gap
Friday, May. 3, 2024, 12:48 PM
Ben Bartosch, J.D. Power
Vehicle affordability is an issue that has been much talked about recently. As the pandemic and its related supply chain issues limited vehicle production as the decade began, auto manufacturers made concerted efforts to richen their mixes, building highly contented, ... [Read More]
MORE Financial
DriveItAway & Westlake collaborate for floorplanning
Beyond the Transaction: Overcoming customers’ affordability concerns through the financing process
Analysis
COMMENTARY: May is Mom’s month & necessity is mother of invention
Friday, May. 3, 2024, 12:42 PM
Robert Grill, CARFAX
The pandemic forced us to reinvent the way we sell vehicles. We reviewed our online shopping experience and realized we had to remove any obstacles — make it possible for a customer to 100% buy online. We didn’t particularly like ... [Read More]
MORE Analysis
Alt-fuel vehicles don’t necessarily have to break the bank