WebNews
Please enter a web search for web results.
NewsWeb
COMMENTARY: Flawed dealer process is threatening today's vehicle acquisition strategy
6+ hour, 8+ min ago (852+ words) Across dealer roundtables and 20 groups, a quiet but persistent frustration has taken hold. Dealers who have been buying and selling vehicles for decades are raising the same questions: "What does the right process actually look like? "How do you protect…...
Pushed by late-model surge, commercial consignor sales at auction up 17% in May
1+ week, 1+ day ago (396+ words) Dealers in need of vehicles for their certified pre-owned programs will likely be encouraged by this news: Wholesale sales of vehicles from commercial consignors are up 15% through five months of 2026, with a particularly strong surge in late-model and near-new vehicles,…...
May bankruptcy cases continue to deepen pool of potential BHPH customers
1+ week, 3+ day ago (425+ words) The pool of potential car buyers who recently filed for bankruptcy and could be served by buy-here, pay-here dealerships continues to deepen, at least based on a year-ago comparison. According to data provided by Epiq AACER through the American Bankruptcy…...
APCO Holdings gets back into acquisition mode with Georgia on its mind
2+ week, 1+ day ago (260+ words) Image courtesy of the company. APCO Holdings closed May with another acquisition. The provider F&I products and dealer solutions has acquired the assets of Georgia Wheelz, an agency serving independent automotive dealers throughout the Southeast. Last year, APCO Holdings…...
New Carleton survey pinpoints 3 primary challenges legacy systems create
2+ week, 2+ day ago (766+ words) Business Intelligence for Automotive and Auto Fin Tech Executives Tim Yalich is vice president of business development at Carleton. Images courtesy of the company. Perhaps auto lenders aren't depending on typewriters and fax machines, but Carleton sees the consumer lending…...
Questions to ask and answer before dealers start to rent out vehicles
2+ week, 3+ day ago (365+ words) Steve Levine said dealers have been approaching him recently with an idea. Should they start a car-rental businesses to supplement their dealership revenues by providing affordable rentals to customers whose vehicles are out of service for repairs. The owner of…...
COMMENTARY: Why today's street-sourced dealers are the biggest threats to public retailers
2+ week, 3+ day ago (710+ words) For decades, the American auto dealer has operated on a predictable, rhythmic cycle. New cars arrived from the factory, leases were signed, and 36 months later, those same vehicles flowed back into the ecosystem like clockwork. This off-lease pipeline was the…...
Klarna and Tekion collaborate to deliver flexible-payment options in the service lane
3+ week, 8+ hour ago (309+ words) A $1, 200 brake job or a $3, 000 transmission repair could push a cash-strapped consumer already struggling to maintain their monthly car payment into some dire financial straits. So, Klarna, a global digital bank and flexible payments provider, is partnering with Tekion to…...
V20 adds partners for PR, marketing
10+ mon, 1+ day ago (174+ words) Vendor 20 Group announced two new partnerships to expand its industry influence, boost member visibility and support the group's mission to unite auto industry vendors through innovation and collaboration. The group has joined with Charisma! Communications for public relations and Maxamy…...
PODCAST: Cost considerations of fleet management with David Prusinski of VMS
3+ week, 2+ day ago (109+ words) We continue our episodes of the Auto Remarketing Podcast originating from the Live Stage, which was sponsored by SYCN Auto Logistics, during the Used Car Indust. .. PODCAST: Cost considerations of fleet management with David Prusinski of VMS We continue our…...