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NewsJanuary 11, 2018

Seller’s Market: 33% of Americans Want New Cars

Nearly one-third of licensed U.S. drivers are thinking about buying a new vehicle in 2018 and 15% said they will, according to a new survey commissioned by GM BuyPower Card.

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NewsJanuary 10, 2018

Digital License Plate Maker Closes $11.1 Million Finance Round

The funding round, which will allow Reviver Auto to expand the footprint of its digital license plate, was led by Australian-based ACK Group. The firm also announced the addition of two new members to its board of directors, former Emotient CEO Ken Denman and former R.L. Polk CEO Stephen Polk.

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NewsJanuary 10, 2018

Manheim Market Report Reaches 23 Million Visits in 2017

After making upgrades to its Manheim Market Report this past summer, Manheim announced today that more than 90,000 unique users, on average, access MMR each month.

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NewsJanuary 9, 2018

Manheim’s Hansen Takes on Expanded Role

Derek Hansen has been promoted to vice president of offsite solutions for Manheim, a move designed to organize the company’s digital and mobile solutions under one leader.

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NewsJanuary 9, 2018

Hallowell Promoted to VP for Manheim, RMS Automotive

Zach Hallowell has been promoted to vice president of Manheim Digital Marketplace and RMS Automotive.

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NewsJanuary 9, 2018

Spireon Demos Dealer Subscription Service at CES

Spireon is offering demos of its Drive On Demand dealership subscription service at the 2018 International Consumer Electronics Show.

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NewsJanuary 9, 2018

Audi Captive Joins AutoGravity Network

The fintech firm has added Audi Financial Services to its car-shopping and financing platform, which now allows Audi shoppers to find their chosen vehicle at the dealership of their choice and secure financing through the carmaker’s captive in four easy steps.

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NewsJanuary 9, 2018

Manheim: Wholesale Used Vehicle Prices Continue to Soften

Used-vehicle value pricing continues to return to pre-hurricane levels but overall remains high, the firm reported this week.

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NewsJanuary 8, 2018

KBB: Average New-Vehicle Prices Rise to Record High in December

December’s average transaction price for a new vehicle rose nearly 2% from a year ago to a record high of $36,113, the firm reported last week.

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NewsJanuary 8, 2018

Cars.com to Convert Affiliates to Direct Sales

A new agreement between Cars.com and McClatchy will convert the online vehicle marketplace’s 17 remaining affiliate markets to its direct sales channel.

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