Retail

TradePending introduces tool to help dealers stay in touch with customers

Dealership software platform TradePending has launched a new tool designed to keep dealerships top of mind with customers through automated email and text communications. The company said Value Watch gives consumers an automated update on their vehicle’s value each month, ... [Read More]

Wholesale

Lane watch: Stable close to 2024 & optimism for 2025

The newest installment of Market Insights from Black Book recapped stable developments in the wholesale space during the close of 2024 and conveyed optimism about what the auction scene might be like in 2025. Analysts said wholesale values decreased 0.44% ... [Read More]

Technology

Hyundai launches ‘Add to Cart’ campaign to kick off car-buying partnership with Amazon Autos

Whether we’re ordering dinner, buying a gift or snagging that last item we forgot at the hardware store, “add to cart” is a major part of our daily online lexicon. It’s also the phrase Hyundai is using in an ad ... [Read More]

Financial

EFG launches program that guarantees PRU increase for dealers

With dealership profitability down over the past two years, EFG Companies wants to give auto dealers a way to boost their personal wealth creation strategies. To that end, the F&I and reinsurance provider has introduced its Wealth Builder Profit Participation ... [Read More]

Analysis

The dealership buy-sell market in 2025: More selective buyers and more predictability

The dealership mergers and acquisitions market was brisk in 2024, driven by buyers flush with cash from historically high dealership profits the last few years. But dealership profitability, though still high, is waning. That is one factor that will impact the 2025 buy sell market, which professionals expect to moderate though remain healthy. “The buy sell market in 2025 will be active but quite different,” Alan Haig, president of Haig Partners, told Auto Remarketing. [Read More]

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