Scott Maybee now has been the president of NextGear Capital for a little more than a year. During much of that time, the pandemic has impacted how the floorplan company functioned internally and with its independent dealership client base. Maybee ... [Read More]

Without financial resources, buy-here, pay-here dealerships likely wouldn’t exist since it’s such a high-risk, cash-dependent piece of the automotive industry. And for the second time in the past couple of months, Agora Data added to its suite of market-disruptive capabilities ... [Read More]

The ongoing year-over-year decline in bankruptcy filings because of the pandemic prompted experts to get creative to summarize the situation. According to data provided by Epiq, the American Bankruptcy Institute (ABI) reported that total consumer and business filings fell more ... [Read More]

A wholesale market expert who has appeared multiple times during the National Remarketing Conference and Used Car Week now is a part of the team at the National Independent Automobile Dealers Association. Among the three executive moves announced by NIADA ... [Read More]

The Who song, “Won’t Get Fooled Again” ends with the words that I’ve chosen to be the title to this article, and through them, Pete Townshend sums up the subject of revolution by seemingly saying “the more things change, the ... [Read More]

For the first time, America’s Car-Mart president and chief executive officer Jeff Williams joined the Auto Remarketing Podcast. Williams highlighted how well the chain of buy-here, pay-here dealerships has pivoted its operations to meet protocols triggered by the pandemic as ... [Read More]

It’s been an active opening month of 2021 for Kinetic Advantage, a newly formed floorplan financing company with an eye on gaining market share among independent dealerships. After landing an undisclosed amount of funding through Altamont Capital Partners, Kinetic Advantage ... [Read More]

Fresh off expanding its dealer group footprint to 26 total locations, CARite now has partnered with DriveItAway in an effort to help consumers secure vital transportation while building equity and taking a “never-ending test drive.” On Tuesday, CARite announced the ... [Read More]

After closing a “challenging year” with “strong fourth-quarter results,” Texas Capital Bank announced a pair of executive leadership appointments, effective immediately, creating roles for experienced professionals who each spent many years in posts at JPMorgan Chase & Co. Now serving ... [Read More]

After one of the strangest years ever, how have you prepared for 2021? Election years are usually off the wall, but 2020 was ridiculous. Uncertainties that linger affect how a dealer plans for and navigates through 2021. To write off ... [Read More]