digital retailing Archives

Carlala – A Canadian Carvana inspired competitor to CanadaDrives

AutoRemarketing – The Canadian online vehicle retailing space will have another participant by the end of the year. And it’s inspired by one of the well-known operations from the United States. Last week, TEDA International Auto Group — a multinational,...

August 20, 2021

4,500 vehicles sold online: Similar front-end and F&I profits

Digital Retailing eContracting F&I

4,500 vehicles sold online: Similar front-end and F&I profits

Asbury’s Clicklane digital retailing platform shines in Q2 (www.autonews.com) Asbury Automotive Group said the first full quarter with its new digital retailing platform Clicklane saw online car buyers overwhelmingly approved for financing — often instantly. Clicklane customers also put far...

August 19, 2021

DecisioningIT leader Hobbs recognized for financing platform

Automated Decisioning Automotive Finance Automotive Lending Car Dealerships Consumer Credit Credit Approvals Digital Retailing F&I Latest News

DecisioningIT leader Hobbs recognized for financing platform

Many consumers are locked out when it comes to being able to buy the vehicle they need. But thanks to a program developed by André-Martin Hobbs, they’re able to connect with dealerships to find the financing they need MONTREAL, Aug. 18,...

August 18, 2021

AutoCanada continues to build used-car program with latest purchase

Car Dealerships

AutoCanada continues to build used-car program with latest purchase

Source: Auto Remarketing. AutoCanada has purchased Ontario independent dealer Mark Wilson’s Better Used Cars, a move the retailer says augments its plans of building its Used Digital Retail Division. This is the second independent dealer AutoCanada has purchased. In a...

August 15, 2021

Penske Automotive Group and Cox Automotive Debut Automated Platform for Retailing Used Vehicles

Automated Decisioning Car Dealerships Digital Retailing eContracting F&I Marketing

Penske Automotive Group and Cox Automotive Debut Automated Platform for Retailing Used Vehicles

Digital Platform Enables Consumers to Transact 100% Online BLOOMFIELD HILLS, Mich. and ATLANTA, July 22, 2021 /PRNewswire/ — Penske Automotive Group, Inc., (NYSE:PAG) and Cox Automotive, Inc. (“CAI”), announced today they have jointly developed a transformational, fully automated technology platform to enable the online...

July 22, 2021

Score another one for offering more F&I products online

Digital Retailing F&I

Score another one for offering more F&I products online

In a recent blog post by JACKIE CHARNIGA, we learn that dealerships believe a more diverse lineup of F&I products with different coverage tiers helps sell those products to digital retailing customers Source: https://www.autonews.com/fi-blog/score-another-one-offering-more-fi-products-online Extract: In a survey of 500...

June 16, 2021

Canada Drives expands online car-buying platform to Ontario

Car Dealerships Digital Retailing

Canada Drives expands online car-buying platform to Ontario

Thursday, May. 27, 2021 Canada Drives announced Thursday it has expanded its online vehicle-shopping and “to-your-door” delivery platform into Ontario. It debuted the platform in British Columbia last fall, a spokesperson confirmed, and plans to continue to expand throughout the...

May 27, 2021

Partnership with Roadster allows TrueCar users to finalize their deal online

Automated Decisioning Digital Retailing eContracting F&I Prequalification

Partnership with Roadster allows TrueCar users to finalize their deal online

TrueCar president and chief executive officer Mike Darrow said that through the pilot program, TrueCar consumers at select dealerships will be able to build real car deals digitally. That includes finance terms. TrueCar said the enhancement addresses what it describes as pain...

May 10, 2021

Brian Pasch on the benefits of transparency in modern retailing

Car Dealerships Digital Retailing

Brian Pasch on the benefits of transparency in modern retailing

Do you agree or disagree?Should dealers offer full transparency on vehicle pricing? I’d like to hear you guys on that. I’m asking you in reaction of an article on CBT news on Brian Pasch and the benefits of transparency in...

March 4, 2021

Car Dealerships Digital Retailing Latest News

We Already Do That!

Have you ever pronounced this phrase? I know I have! As a dealer principal, I get calls that make it up the chain, and fall to my voicemail… or worse if I pick up the phone!I now have to deal...

February 25, 2021