Motor Trader

APRIL 9, 2024

October 2013 Dealers have turned in a strong performance in a consumer motor finance satisfaction survey carried out by technology firm iVendi. The survey found most consumers believed they had been treated fairly by the retailer in their online vehicle finance interaction.

Finance 105

Finance Retail Buyer Technology 105

Motor Trader

JUNE 17, 2024

Finance provider Shawbrook Group is to buy high end motor finance specialist JBR Auto Holdings , for an undisclosed sum. The acquisition broadens Shawbrook’s offering within the regulated motor finance sector.

Finance 104

Finance Technology Customer Marketing 104

CarExpert

APRIL 20, 2024

There are two main options when it comes to paying for a new car: you can either pay the full sum upfront, drawing on existing savings, or you can opt for a finance package that involves taking out a loan and making periodic payments over a set term. “There are many different ways that someone can structure a finance loan. .

Finance 97

Finance Balloon Payment Banking Deal 97

Motor Trader

MAY 7, 2024

Cartime, Bury North West used dealer group Cartime has appointed a new group head of finance and operational strategy and launched recruitment drive. He will lead the finance strategy and overhaul operations to streamline and digitalise processes and improve efficiencies.

Finance 93

Finance Management Technology Sales 93

Motor Trader

NOVEMBER 12, 2024

Paul Burgess, CEO at Startline Motor Finance, said: “The research suggests overwhelmingly that dealers are seeing a link between electric cars and fuel pump pricing. Burgess said: “Generally, electric car marketing appears to be heavily based around the advanced nature of the technology, strong range and a smooth motoring experience. “It

Finance 103

Finance Technology Marketing Sales 103

Motor Trader

OCTOBER 21, 2024

With over 17 years of experience in financial leadership, Hanson brings CFO expertise in technology-driven and private equity-backed businesses. This story continues at Evolution Funding appoints finance chief for M&A and expansion drive Or just read more coverage at Motor Trader

Finance 105

Finance Banking Technology Management 105

Dealer World

MARCH 10, 2025

Private Deals Have Been Difficult Historically, private sellers and marketplaces did not possess the necessary tools, resources, and technologies to provide the reassurance needed for secure transactions. In contrast, the new technology platforms leverage cutting-edge security measures to streamline the process and enhance security.

Finance 75

Finance Deal Technology Management 75

Auto Remarketing

OCTOBER 16, 2024

The automotive industry is witnessing a transformative shift in how technology and artificial intelligence are being integrated into auto sales and remarketing strategies. Technology offers numerous benefits in the workplace, including saving time, streamlining processes, and analyzing data.

Technology 96

Technology Dealerships Finance Repairing 96

AutoSuccessOnline

MARCH 4, 2025

Over 90% of people who applied for financing through Sunbit technology were approved, and more than 75% decided to move forward with the financing offer. However, customers are increasingly cost-sensitive as in-car technology, parts and labor costs have increased. Sunbit technology is available at 24 of the top 25 U.S.

Dealerships 52

Dealerships Repairing Finance Technology 52

Shawn Ryder

MARCH 8, 2025

” Consumers today are more discerning than ever, influenced by a mix of personal preferences, market trends, and technological advancements. With the rise of technology, potential buyers are no longer just passive spectators; they are proactive researchers. Such rewards show customers they are valued, enhancing brand loyalty.

Finance 59

Finance Technology Dealerships Customer 59

Drive.com

DECEMBER 1, 2024

With flexible payment options and Guaranteed Future Value, Hyundai Finance avoids nasty surprises down the road. Sponsored by Hyundai Finance Rather than treating finance as an afterthought when signing the paperwork on your new car, Hyundai Finance helps you drive away from the dealership with much more than a great deal.

Finance 75

Finance Networking Dealerships Term 75

Dealer World

MARCH 4, 2025

How Machine Learning and Vertical AI are Reshaping Inventory Management and Sales Strategy DETROIT (March 4, 2025) Artificial intelligence is no longer an emerging technology in automotive retailits a necessity. To learn more about LotLinx and its AI-driven dealership solutions , visit www.lotlinx.com.

Retail 75

Retail Dealerships Technology Finance 75

AutoSuccessOnline

NOVEMBER 15, 2024

With so many dealership employees involved in customer communications over the phone — whether it be sales, service, finance, you name it — it can be hard to conceive of bringing these communication channels together. Automotive Retail and the Future With all this technology at dealers’ fingertips, where can the industry go from here?

Dealerships 97

Dealerships Technology Customer Retail 97

Shawn Ryder

MARCH 2, 2025

In the rapidly evolving landscape of technological advancement, the question of whether to pursue a career using artificial intelligence ( AI ) has become a pivotal consideration for professionals across various fields. Professionals in this space often engage with groundbreaking technologies that can redefine industries.

Finance 59

Finance Technology Automotive Marketing 59

Turbo Marketing Solutions

AUGUST 7, 2024

In the ever-evolving world of automotive technology, staying ahead is not just an ambition but a necessity. By digging into real-world data and examining user experiences thoroughly, we bring you authoritative reviews on the top-rated AI technologies designed specifically for the automotive sector.

Technology 98

Technology Automotive Supply Chain Manufacturing 98

AutoSuccessOnline

DECEMBER 4, 2024

You realize the potential buyer has no credit history, so you conclude that they have no chance of being able to finance the car. While it’s been common practice to prejudge and dismiss someone who appears unlikely to secure financing, it can needlessly cost your dealership the sales it needs to meet its goals.

Buyer 52

Buyer Deal Finance Down Payment 52

Dealer World

JANUARY 28, 2025

NEW YORK January 28, 2025 Adoption of digitized contracting and documentation workflows by auto retailers and their lending partners that foster back-office efficiencies saw a noticeable jump, according to analysis by Wolters Kluwer Compliance Solutions from its Q4 Auto Finance Digital Transformation Index.

Finance 77

Finance Banking Retail Customer 77

Motor Trader

FEBRUARY 5, 2025

“In todays rapidly changing industry, customers are highly price-conscious, often comparing financing options online and on the forecourt in real-time.” ” Dealer concerns for 2025 include keeping up with technological advancements(18%),attracting and retaining customers(18%), and building a strongdigital presence(17%).

Banking 59

Banking Finance Dealerships Customer 59

Drive.com

NOVEMBER 8, 2024

Big on space and safety credentials, the seven-seat Volvo XC90 ups its value game with a low-rate finance offer in runout. The offer includes a guaranteed future value agreement for the end of the loan with specific deposit, term and finance details available on the Volvo website. Available in three models, each with a 2.0-litre

Finance 72

Finance Consulting Buyer Technology 72

Auto Remarketing

JANUARY 8, 2025

In todays rapidly evolving business landscape, blockchain technology stands out as a transformative force, poised to revolutionize how companies operate, interact and innovate. Automate compliance: Regulatory compliance in finance is often complex and time-consuming.

Automotive 52

Automotive Supply Chain Finance Principal 52

Auto Alert

FEBRUARY 26, 2025

Shoppers dont have the patience for hidden fees, confusing financing terms, or last-minute surprises in the F&I office. Display MSRP, discounts, and financing options on your website. Long waits, endless paperwork, and confusing financing turn buyers off. Be upfront with your pricing.

Customer 59

Customer Sales Finance Deal 59

Auto Alert

DECEMBER 26, 2024

Average Resolution Time tracks how quickly your team resolves customer inquiries or issues, whether they involve financing or service-related concerns. Finance Departments monitor metrics such as the total revenue generated from sales and service and the costs associated with operating the dealership.

Amortization 64

Amortization Dealerships Repairing Finance 64

Best Selling Cars Blog

JANUARY 28, 2024

Making an informed choice is essential due to the quick advancement of vehicle technology, the abundance of options, and the importance of safety, comfort, and cost. Research various insurance providers to find a plan that offers the best coverage for your chosen vehicle, without straining your finances.

Down Payment 130

Down Payment Insurance Finance Banking 130

Best Selling Cars Blog

OCTOBER 21, 2024

As the automotive industry propels into a future dominated by cutting-edge technology, electric vehicles (EVs) stand at the forefront of this transformation. This technology not only provides additional incentives for EV owners but also strengthens grid resilience by providing an additional power source.

Supply Chain 130

Supply Chain Automotive Rebate Finance 130

Auto Alert

FEBRUARY 17, 2025

Leverage Technology to Improve Efficiency 6. Nowadays, the vast majority of the research is done online, offering consumers the convenience of browsing, financing, and even purchasing vehicles from the comfort of their homes. Enhance the Online Experience 2. Offer a Hybrid Buying Model 3. Compete on Trust and Transparency 5.

Dealerships 59

Dealerships Finance Networking Spread 59

AutoSuccessOnline

FEBRUARY 17, 2025

Higher Margins: The dealership earned an average of $7,000 per car by combining front-end sales, financing and service revenue. Leverage Technology: Automation saves time and helps manage growth. Thats a total of 67% higher than the national average for used cars. In one year, they purchased 647 cars, with only 65-70 still on the lot.

Management 90

Management Dealerships Repairing Retail 90

Carscoops

MARCH 12, 2025

To adapt to shifting market conditions, Porsche plans to invest an additional €800 million ($872 million) this year, focusing on product portfolio adjustments, software development, and battery technology advancements. Dr. Jochen Breckner has taken over responsibility for Finance and IT, succeeding longtime executive Lutz Meschke.

Finance 78

Finance Development Sales Technology 78

Carscoops

MARCH 1, 2024

This latest round of financing is being provided by 12 international banks, including BNP Paribas, Natixis, Standard Chartered, BBVA, HSBC, and SPDB, through a three-year loan facility. ” Accompanying the new round of financing is a new ‘efficiency program’ launched by Polestar that will see it cut 15% of jobs this year.

Banking 116

Banking Finance Technology Development 116

Fladco

MARCH 12, 2025

With affordability already a challenge, dealers may see slower sales and increased financing hurdles for customers. Cut Unnecessary Costs: From technology to office supplies, small savings across multiple categories can add up and help dealerships maintain profitability. The post How New U.S.

Supply Chain 52

Supply Chain Dealerships Repairing Manufacturing 52

Motor Trader

JULY 9, 2024

DSG Connected, formerly known as Connected Car Finance, has partnered with Auto.Social to deliver AI-powered social media tools and technology to its network of approved used car dealers throughout the UK for free.

Finance 111

Finance Networking Technology Customer 111

AutoSuccessOnline

MARCH 10, 2025

This means that customers can benefit from online platforms to accomplish tasks such as applying for online financing, getting quick approvals and even completing the paperwork before setting foot in the dealership. But the benefits of technologys biggest breakthrough to date do not end with the dealership. But it does not stop there.

Supply Chain 52

Supply Chain Automotive Manufacturing Technology 52

AutoSuccessOnline

MAY 21, 2024

High interest rates are a challenge, especially for younger buyers unaccustomed to such rates, Bill says, noting that dealers need to educate customers and leverage manufacturer incentives to make financing more attractive. This technology helps match customers with the right inventory based on their preferences.

Finance 115

Finance Manufacturing Technology Dealerships 115

AutoSuccessOnline

JANUARY 31, 2025

Incentivized Financing Assistance: CarJazz connects shoppers with preferred lenders to secure financing offers that meet their budget and goals. “By combining the power of Gen-AI with the accessibility of local dealerships, were bridging the gap between technology and a personal, human-centered experience.

Finance 52

Finance Repairing Retail Dealerships 52

AutoSuccessOnline

FEBRUARY 28, 2025

As we reflect on the 2024 automotive landscape, its clear that dealerships faced a year of significant challenges and transformations, particularly in finance and insurance (F&I). New vehicles, with their advanced technologies and longer warranties, call for a different set of F&I products compared to used vehicles.

Retail 40

Retail Repairing Finance Insurance 40

Auto Remarketing

JANUARY 10, 2025

This piece will honor a select group of outstanding auto industry analysts for their contribution to the knowledge base of the used-car retail, finance and remarketing industry. For the seventh year, Cherokee Media Group will honor companies that improve a specific aspect of the automotive industry through technology.

Automotive 59

Automotive Retail Finance Technology 59

Autocar

JANUARY 18, 2024

Car of the Year Awards 2024 in association with MotorEasy OVERALL WINNER Car of the Year: Lexus LBX CATEGORY WINNERS Small Car, sponsored by MotorEasy: Renault Clio 1.0 TCe 90 Techno Family Car: Toyota Corolla 1.8 Hybrid Icon Hot Hatch: Mercedes-AMG A45 S Plus Small SUV, sponsored by Solera Cap HPI: Lexus LBX 1.5

Finance 133

Finance Technology Marketing 133

Carscoops

MAY 22, 2024

While recently speaking with Car magazine , Ingenlath said Polestar could no longer rely on internal financing. Read: Volvo Is Done With Polestar, Will Cease Funding And Likely Dump Stake To Geely “It was always clear the money we needed should not come out of the pockets of our owners,” he said.

Banking 116

Banking Finance Networking Manufacturing 116