In a retail environment where customers have endless choices and even more information, dealerships are finding it harder than ever to stand out. Competitive pricing and broad inventory are just table stakes in today’s market. What separates one store from ... [Read More]

If you follow the news, you’ve probably heard a lot of negative talk lately about the health of the American economy. Tariff threats, trade wars, cuts in government spending, layoffs in both public and private sectors and investment market turmoil ... [Read More]

Buckeye Dealership Consulting has rebranded as Buckeye Risk Services, a move that reflects the company’s evolution into a full-spectrum risk assessment and solutions organization serving multiple verticals while staying rooted in the automotive and finance ecosystems. Buckeye’s rebrand brings together ... [Read More]

Tricolor is continuing to leverage securitizations to have the resources it needs to specialize in the Hispanic and other underserved markets and operate 65 retail centers within 22 cities in Texas, California, Nevada, Arizona, New Mexico, and Illinois. This week, ... [Read More]

Perhaps after their ability to maintain their monthly payments, the next most important characteristic independent and buy-here, pay-here dealers want to know about their customers is if they have valid car insurance. On Tuesday, Modives announced a partnership to embed ... [Read More]

A Midwestern franchised dealer who uses OnlineBKmanager.com shared this anecdote with president Robert Davies ahead of the latest data provided by Epiq AACER, which said total U.S. bankruptcy filings increased another 7% year-over-year in May. “We’re seeing buyers come in ... [Read More]

Recent data from PYMNTS.com reveals a troubling trend: borrower credit scores are plunging following a rise in student loan delinquencies. While many financial institutions may see this as a red flag, savvy buy-here, pay-here dealerships can recognize a golden opportunity: ... [Read More]

Patrick O’Brien is getting straight to work as director of government affairs and compliance for the National Independent Automobile Dealers Association Having just joined the association in recent days, O’Brien already sent a letter to leadership of the Senate Finance ... [Read More]

There’s a common mindset in our industry when it comes to compliance: Avoid it for as long as you can, then tackle it all at once, check the box, and move on. I get it. Compliance can feel overwhelming, like ... [Read More]

Many professionals with the Consumer Financial Protection Bureau have lost their jobs in recent weeks stemming from upheaval at the regulator. Well, at least one former higher-level staff member has secured a new position, as the National Independent Automobile Dealers ... [Read More]