Quality. Whether you’re talking about the condition of the vehicle or the assurance the consumer is getting, quality may be one of the first words to come to mind when discussing certified pre-owned. And this quality proposition may carry over to the F&I department, as Auto Remarketing learned in reaching out to one of General […] [Read More]

Dominion Dealer Solutions highlighted that its equity data mining solution — DealActivator — recently completed significant upgrades to its soft credit pull reporting capabilities, Priority Page mobile functionality and real-time notifications. Last year, DealActivator released soft credit pull functionality to help dealers achieve conquest sales through equity opportunities in the service drive. With new equity […] [Read More]

Swapalease.com reported on Wednesday that lease credit approvals are beginning to bounce back after a dip in the numbers late last year. Site officials highlighted vehicle lease credit approvals for the month of February finished at 70 percent, an uptick from the January mark of 63.6 percent. As a whole, Swapalease described the automotive industry […] [Read More]

ADESA subsidiary Recovery Database Network (RDN) named its new chief executive officer this week, expanding the role of a president and CEO from another subsidiary. Taking on the leadership post at RDN along with his responsibilities at CarsArrive Network is Michael Briggs. As the leader of both RDN and CarsArrive, ADESA indicated Briggs will integrate […] [Read More]

For the “Best CPO Dealers in the United States” edition of Auto Remarketing this winter, we asked top-selling Mercedes-Benz certified pre-owned dealers how the quality of CPO allows for flexibility of expanding financing terms to help buyers stay within their budget parameters. Here’s what they had to say. “Simply put, CPO vehicles command greater value than […] [Read More]

Take a guess. Which vehicle had the largest share of the new-vehicle lease market in the fourth quarter? The answer: the Honda Civic, which comprised 3.2 percent of all new-car leases, according to an infographic shared by Experian Automotive. Next up was also a Honda: the Accord with a 2.6-percent share. Two Toyotas followed (Camry […] [Read More]

Peer-to-peer car sales marketplace Shift Technologies has launched an in-house auto lending business known as Shift Finance that is offering direct-to-consumer loans. Customers of Shift will be able to get loans directly from Shift Finance, which is starting out as a pilot program in Virginia with plans to expand throughout all of the Shift’s territory. […] [Read More]

National repossession management provider Del Mar Recovery Solutions recently added two key positions to its leadership team to enhance its broad range of skip-tracing, license plate recognition, transport and remarketing services. Establishing these posts and joining the company as a part of what Del Mar called “a testament to growth and advancement” are Jessyca Andrews as […] [Read More]

In a move that could assist collectors who leverage this technology, Equifax this week rolled out what it has dubbed PhoneReveal, a new tool that can help organizations that use auto-dialer systems preserve time, money and resources, while helping to gain better insight into contact records. Recognized by customers as one of the industry’s most […] [Read More]

During this week’s CBA LIVE 2016 Conference in Phoenix hosted by the Consumer Bankers Association, integrated customer analytics solutions provider Earnix is unveiling its new tool dedicated to off-lease vehicle remarketing and asset disposal optimization. Using what the company described as a highly-effective analytics solution, Earnix is positioning itself to help auto finance companies to […] [Read More]