The COVID-19 pandemic will undoubtedly have repercussions for consumers and lenders alike, as we are already starting to see. What isn’t evident yet is how things will look in another month, three months, six months and beyond. Have you identified the steps you should take now to help protect the future state? In times of […] [Read More]

The Automotive Intelligence Summit is scheduled for August, and another eight companies are set to be honored as Cherokee Media Group hosts the Automotive Intelligence Summit, one of the fastest-growing events focused on fintech, digital retail, mobility and other elements of the auto tech evolution. Cherokee Media Group, leveraging guidance from the Auto Intel Council […] [Read More]

Portfolio highlighted buyers who are financing their purchase nowadays are acquiring more than just GAP protection or vehicle service contracts from the F&I office. According to internal data from the national provider and administrator of F&I products and dealer participation programs, antimicrobial treatments gained ground as a percentage of all F&I product sales in March […] [Read More]

Equifax shared its latest look at auto-finance delinquency based on data available through April 28. While experts said their overall delinquency reading is “not as high as we were anticipating it could be,” Equifax did find younger customers are navigating their budget challenges created by the coronavirus pandemic better than their older contemporaries. According to […] [Read More]

What do Beyoncé and Amazon have in common? Aside from their respective perches atop the world, they both are among the brand names registering with .dealer Domains, a new domain registry, during its sunrise period for trademarks that began last week, according to a news release Tuesday from.dealer Domains. Other trademarks registering during the sunrise registration […] [Read More]

As part of its new Complete Clean Pledge program, Enterprise Holdings expanded and is relaunching its cleaning protocols, with employees trained to implement the more comprehensive cleaning mandates for their protection and for the safety and service of customers. These mandates include enhanced cleaning guidance for vehicles, shuttles and branch locations, as well as social […] [Read More]

Nearly halfway through May and spring might be making a comeback in the auction lanes. Multiple Black Book representatives made that assessment in the latest Market Insights report that showed a bit of a value rebound when compared to the sharp declines triggered by the coronavirus pandemic. “Values have continued to trend downward, but the […] [Read More]

The Big Apple certainly has been one of the hardest-hit cities by the coronavirus, but New Yorkers who need to purchase a vehicle or renew a lease now can visit dealerships in person, although by appointment only, stemming from a decision made by state officials and recapped by the Greater New York Automobile Dealers Association […] [Read More]

E-commerce company RumbleOn has appointed Rocco Falabella as strategic relationship director, with the company’s chief executive officer saying Falabella’s experience will help RumbleOn optimize its “evolving vehicle acquisition and distribution vehicle business.” RumbleOn, which says it uses technology to simplify how dealers and customers buy, sell, trade or finance pre-owned vehicles through its 100% online marketplace, […] [Read More]

The decline in the certified pre-owned vehicle market escalated in April, but bright spots are emerging, according to data and analysis provided by J.D. Power Valuation Services. Still, the year-to-date decline in CPO sales after April is more than double what it was just a month earlier, the company said. There were approximately 128,000 CPO sales […] [Read More]