Online used-car marketplace Instamotor said Tuesday that financing is now available through its platform. Instamotor is working with direct-to-consumer auto finance companies to secure the financing for its customers, who now will be able to buy a vehicle and apply for/receive financing for the purchase through the same platform, the company said. “We want to […] [Read More]

While roughly 90 percent of car shoppers find printed brochures helpful when in search of their next vehicle, far fewer dealers feel the same, according to a recent study. The Latcha+Associates' study that focuses on the car-shopping journey and the impact of marketing content such as printed brochures, found that just 32 percent of high-volume […] [Read More]

The holiday bump in online car buying might not just be limited to one massive day of shopping. At least that was the recent experience of Drive Motors, which provides ecommerce solutions to auto dealers. The company reported a year-over-year increase in vehicle orders on dealer websites using the Drive Motors checkout during each of […] [Read More]

Fast-food restaurants and gas stations often are open 24 hours a day. Darwin Automotive is aiming to provide a way that dealerships’ F&I offices can enjoy the same kind of availability. F&I software provider Darwin Automotive recently released what the company dubbed Darwin Online, a patented digital retailing application that’s designed to enable dealerships worldwide […] [Read More]

Jumpstart Automotive Media’s latest path to purchase report released Tuesday shows that last month, month-over-month shopper interest was up 14 percent for full-size pickups and 11 percent for three-quarter-ton and 1-ton pickup trucks. In addition to advertising that typically spotlights trucks during sporting events such as football games and the World Series, Jumpstart suggests that […] [Read More]

If publicly traded dealer groups wanted to buy another rooftop, they had to open their checkbooks or dig deeper into their credit availability based on the figures shared in the Q3 2017 edition of the Haig Report released on Wednesday by Haig Partners. For the year-to-date numbers ending Sept. 30, Haig Partners calculated publicly traded […] [Read More]

U.S. News & World Report announced Tuesday this year’s winners of its Best Vehicle Brand awards, which recognize brand-wide excellence in the four major segments: cars, SUVs, trucks and luxury vehicles. The automotive channel of U.S. News & World Report  — U.S. News Best Cars — averaged the overall score of brand’s new models in each segment […] [Read More]

Land Rover is taking home ALG’s premium brand Residual Value Award for the fourth straight year, while Subaru achieved top honors among mainstream brands for the third straight time. ALG, which is the analytics subsidiary of TrueCar, announced its 2018 Residual Value Awards on Monday morning, and will present them at this week’s Automobility LA. […] [Read More]

Ally Financial announced Tuesday that it has appointed Josh Wilsusen to head the company's Washington office as its new managing director for public policy and government affairs. Wilsusen most recently served as executive director of government relations at Morgan Stanley where he represented the company both on Capitol Hill and at federal banking agencies regarding securities […] [Read More]

While gift-givers thinking of the best gifts this year probably consider the gift of a car a top-notch gesture, it is quite rare, according to CarGurus. Only 11 percent of drivers who have been gifted a car for a special occasion received it during the winter holidays, according to a recent survey conducted by CarGurus. CarGurus […] [Read More]