Dealers make deals every day, but this one in the buy-here, pay-here segment is more than just stretching a nickel or two on a trade. Byrider announced on Thursday that an investor group of Byrider franchisees has acquired the assets ... [Read More]

Carvana has generated industry buzz in recent weeks with its “Megasites” in Houston and Kansas City, Mo., that are designed for high volumes of vehicle reconditioning. Tricolor is implementing a similar strategy, as the retailer focused on addressing the needs ... [Read More]

Not much change on the bankruptcy front. Filings continued to climb with experts pointing to some of the same reasons mentioned previously for why they’ll keep rising as the year goes along. According to data provided by Epiq AACER, total ... [Read More]

Summer unofficially ended over the weekend with the passing of Labor Day. For weeks during the heat of summer, Ignite Consulting Partners said the firm’s experts have heard plenty of reasons why dealerships aren’t keeping resources in place to maintain ... [Read More]

Big Time Advertising founder, president and CEO Terry MacCauley acknowledged your potential buyers might be hesitant to take delivery nowadays. MacCauley said those individuals might be wary about the general economy, uneasy about the upcoming election, or stretched thin because ... [Read More]

Empire Indemnity Insurance Company Risk Retention Group recently joined the business partner program orchestrated by the Texas Independent Automobile Dealers Association (TIADA). This strategic partnership aims to support TIADA’s education and legislative and regulatory efforts on behalf of independent dealers ... [Read More]

Dealio Technologies recently completed the acquisition of Auto Loan Technologies — better known as AutoZoom, which is a risk analytics system utilized by buy-here, pay-here dealers. The result of the move is a revamped tool for operators now called Dealio ... [Read More]

Imagine owning a Bugatti Veyron, one of the most luxurious and high-performance vehicles in the world, which will cost between $1.2 million for a used one and up to $2.5 million for a new one. Would you ever consider taking ... [Read More]

Economists on Monday discussed whether the U.S. already is in a recession. The newest bankruptcy data provided by Epiq AACER might reinforce the point-of-view from experts who see things already in a recessionary state. Also surfacing Monday, Epiq reported total ... [Read More]

The National Independent Automobile Dealers Association makes its annual pilgrimage to Capitol Hill in September, and National Write Your Congressman (NWYC) gave another view about how those operators might be feeling when they travel to Washington, D.C. NWYC, another organization ... [Read More]