Auto News
Crosswalks Lights Keep Pedestrians Safer
The study found flashing yellow lights combined with an illuminated crosswalk resulted in more driver yielding to pedestrians. Pexels/Jenkin Shen Lighted crosswalks appear to be safer for pedestrians, a new report says. Drivers are more than three times as apt to yield to pedestrians in illuminated crosswalks in areas with few streetlights as opposed to…
OEMs See Conditions Normalizing
Most automakers said the agency model likely won’t make U.S. inroads in the next five years. Pexels/Erik McIean Automakers have a largely positive outlook on the industry in the next 12 months, according to a just-completed survey of more than 110 brands. The annual Kerrigan Advisors OEM poll found most automakers see retail profit normalizing…
Trust Stamp Partners with Botdoc to Bring New Innovative ID Security to the Automotive Industry
Trust Stamp says that with increasing numbers of cars stolen from dealerships, identity document validation is even more necessary. Trust Stamp has partnered with Botdoc to integrate Trust Stamp’s low-code Orchestration Platform within the Botdoc Connect product, providing identity verification and know-your-customer capabilities. The integration includes document validation using the Driver License Data Verification, or…
Cox Auto Launches MMR Enhancement
Cox executive Joe Kichler says the provider can now give users the ‘most accurate vehicle valuations available today.’ Cox Automotive Cox Automotive said its wholesale vehicle valuation tool, Manheim Market Report, now includes automatic adjustments for factory-installed options and packages. The enhancement is made possible through the integration of original equipment manufacturer build data with…
Unlocking the Keys to Success
A memorable ownership experience is as important, if not more so, than the initial buying experience. Pexels/Brett Jordan In recent years, the automotive retail sector has undergone a transformation that has significantly enhanced the consumer buying journey. Congratulations! One could say we have gone miles and miles in improving the entire buying process. Sales processes…
SUV Gets Top Safety Award
Updated rear seat belts helped put small SUV over the top for IIHS’ highest safety award. A Hyundai SUV snagged a top safety rating after it updated its rear seat belts. The 2024 Tuscon received the Top Safety Pick + award from the Insurance Institute for Highway Safety, the nonprofit group’s highest rating. The vehicle…
Dealers’ Choice Awards Spotlight: SmartPay
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Leveraging the Monroney Label
Pexels/Richard Taveira In the midst of fierce competition, utilizing every available tool to enhance the value perception of a vehicle can significantly impact auto sales success and customer satisfaction. One overlooked and underutilized asset in this endeavor is the Monroney label—the detailed sticker on new vehicles that provides essential information about the car’s features, manufacturer’s…
July Sales Up Amid DMS Recovery
J.D. Power expects dealer profit to be down this month 33% year-over-year to $2,298 per unit. Pexels/Vadutskevich Two July new-vehicle sales forecast show a return to more normal patterns after the disruption caused by the shutdown of CDK Global dealer software systems. In fact, J.D. Power expects the seasonally adjusted annualized rate to hit a…