KAR Global chief economist Tom Kontos joined the parade of wholesale experts who noticed that February prices moved higher. “The strong start to 2020 continued in February as average wholesale prices were up again month-over-month and year-over-year.  Both car and truck prices were up,” he said in his latest Kontos Kommentary released on Friday. According […] [Read More]

Another educational institution is responding to the need for automotive technicians. On Friday, Florida Career College (FCC) with 10 campuses throughout the Sunshine State launched an automotive technician program at its Hialeah campus. The school highlighted the implementation of this automotive technician program allows students to receive hands-on training and skills to prepare them for […] [Read More]

Add the North American Repossessors Summit (NARS) to this list of industry events being forced to modify its schedule due to the increased risk associated with COVID-19. The American Recovery Association sent a message late on Thursday, saying the organization will be postponing the ARA annual convention and NARS 2020. The 56th annual convention now […] [Read More]

UPDATE: A recorded version of this webinar is now available. With dealerships and finance companies facing an array of unknown variables connected with increased risk associated with COVID-19, Ignite Consulting Partners is hosting a free webinar to help managers navigate these challenges. Ignite shared in a message late on Thursday that, “We’ve had a number […] [Read More]

As the coronavirus crisis continues, the J.D. Power 2020 Customer Service Index Study released Thursday marks the fifth consecutive year of increasing satisfaction with dealer service. However, Chris Sutton says it is unknown how widespread or long-lasting the ripple effect of the coronavirus will be for the automotive industry. “It inevitably will have a financial […] [Read More]

Spiffy, which provides on-demand, mobile car care as well as Fleet Management as a Service (FMaaS), has landed a strategic investment from the venture capital arm of Shell. The investment from Shell Ventures, announced Wednesday, continues a line of growth for Spiffy in 2020 that started with an expansion into the tire care business in […] [Read More]

As concern around the COVID-19 coronavirus mount in the auto industry and beyond, the organizers of the Conference of Automotive Remarketing have postponed the 2020 CAR Conference, originally scheduled for later this month in Las Vegas.  “As the organizer of The CAR Conference, we have been in close communication with our key partners including NAAA, […] [Read More]

Advanced Business Computers of America (ABCoA) made a move this week to help independent and buy-here, pay-here dealers collect payments from their customers accurately and safely. ABCoA Deal Pack announced it is fully integrated with QuotePro Kiosk. Dealers utilizing ABCoA’s Deal Pack DMS now can employ a QuotePro Kiosk as an on-site payment channel. “We […] [Read More]

A pair of North Carolina independent dealers received a six-figure penalty from the state’s attorney general. This week, North Carolina attorney general Josh Stein announced that his office won a consent judgment against Nathaniel Thomas Brown and Samuel Ross Ketner and their dealerships — Auto House of Mooresville and Auto House of Salisbury — over […] [Read More]

Black Book has added Susan Moritz to its sales leadership team, in the position of vice president of data licensing. Moritz has held leadership positions at KAR Global and Cox Automotive, among other companies. Moritz began her automotive career almost 30 years ago and has held management positions in various automotive verticals. Those include posts at […] [Read More]