Enhanced Kelley Blue Book Instant Cash Offer Tool Drives Inventory, Sales Opportunities
The improved Instant Cash Offer tool will include a new condition questionnaire for consumers. The interactive experience walks consumers around the vehicle, providing visual education cues for damage, and wear and tear, decreasing unnecessary friction during the process and maximizing close rates.
TrueCar Acquires Stake in Accu-Trade
Using the TrueCar Trade platform, consumers will receive a guaranteed offer for their used car. Offers can be delivered through TrueCar.com, the dealer’s website or on the showroom floor.
LoJack Launches Integrated Inventory Management and Connected Car Solution for Auto Dealers
Single device solution integrates lot management, SVR and advanced connected car services to benefit dealers and consumers nationwide.
Naked Lime Introduces Compass Market Intelligence Platform
Experts seek to help dealers leverage a single data set at the intersection of transactional, demographic and behavioral customer information segments.
KAR Launches Suite of Data Science Capabilities Aimed at Optimizing Dealer Profitability
By integrating data science, predictive analytics and machine learning into the dealer remarketing process, dealers can save time and may increase sales margins and cash flow, the company said.
Equifax and Jabian Consulting Connect Data and Analytics for Better Customer Journey
The study found that universally both franchise and independent dealers want to predict and understand consumer behavior by enabling early engagement online, and leveraging consumer information (trade/buying habits) to help power the consumer purchase.
DealerRater Announces 2019 Dealer of the Year Awards
Leading U.S. and Canadian car dealers recognized for high marks in online customer reviews.
Cox Automotive Whitepaper Identifies Accurate Dealer Pricing as the Lynchpin for Digital Retailing
Inconsistencies and lack of transparency around consumer incentives leave extra profit on the table for dealers.
Mopar Celebrates Top Tech and Top Advisor Award Winners
The 100 top performing dealership technicians were evaluated using metrics including Fixed First Visit data — a key metric used in customer satisfaction survey feedback — survey volume, dealership tenure and training achievements.
Dealertrack Finds Lender Profits Impacted by Title Release Inefficiencies
Through Dealertrack Accelerated Title, the company is working to cut inefficiencies and deliver an integrated workflow between dealer and lender that increases transparency and consistency for a faster, streamlined title release process.
AutoAlert Adds Functionality to App with New Pando X
Pando X retains all of the real-time performance capabilities dealers have come to rely on to manage staff, improve efficiency and deliver a better customer experience.
ADESA Charity Auction at the NADA Show Raises $77,118 for Canine Companions
This year marked the eighth straight year that ADESA has held an auction at the NADA Show to benefit the NADA Foundation’s Frank E. McCarthy Memorial Fund, which supports Canine Companions. To date, the auctions have raised $460,118.
