News

The issue of motor retailers losing out on sales of warranties and other value added products (VAPs) from online car, van and motorcycle retailing may have been resolved, iVendi is reporting.

Changes in the relationship between online and showroom motor retailer sales are being accelerated by recurring lockdowns, iVendi is reporting.

iVendi has signed a deal to provide motor finance technology for the new and used car platform, YesAuto, which launched in the UK earlier this year.

Online motor retail is dividing into a market of simple and complex transactions in an emerging, pandemic-heightened trend, reports iVendi.

A new product from iVendi that has been provided free of charge to the company’s dealer customer base throughout the coronavirus pandemic was recognised with a major award last night.

Dealers increased their proactive digital activity by a third in the first 10 days of the new lockdown in England, iVendi is reporting.

New lockdown measures coming into force in England are accelerating a trend towards dealers using the digital tools available to them in a much more proactive manner, reports iVendi.

An advanced online feature that will enable dealers to offer online reservations to used car customers has been enabled free of charge by MotoNovo Finance and iVendi.

The “cost of not selling” has become more apparent for dealers in the light of the coronavirus crisis, says iVendi.

Motor finance companies need to be working now with vehicle retailers and technology providers to create uniformity across all channels through which their products are sold in line with new FCA regulations, says iVendi.

Dealers need to ensure their technology is keeping up with new FCA regulations on commission unveiled recently, iVendi is warning.

A new integration between iVendi and CitNOW allows a sophisticated range of finance options to be launched straight from dealer videos.

Trade-ins and value-added products (VAPs) are proving to be the biggest hurdles for dealers rapidly adopting online motor retail technology in the post-lockdown used car sector, iVendi is finding.

A new iVendi product provided free of charge to coronavirus crisis-hit vehicle retailers has been used to manage and negotiate more than £63m of car, van and motorcycle digital deals in the last 10 weeks.

A new integration between iVendi and RAPID RTC means improved lead generation and management for a wide range of dealers.