It doesn’t take much of a vehicle repair to surpass a cost of $400, especially with how complex vehicle systems are nowadays. And for a notable segment of the U.S. population, that potential repair cost would pose a major problem on the family budget, reinforcing the value of products sold in the F&I office. According […] [Read More]

It may not be a universal concern nor observation, but where there’s smoke there’s fire, my father always said, so I’ll go on record stating logistics issues continue to frustrate remarketers and dealers. Shipment delays erode how fast vehicles can be wholesaled — and those assets resold and taken off the books — an issue […] [Read More]

Drivably chief executive officer and founder Tyler Hall sits down with senior editor Joe Overby at J.D. Power's recent Auto Revolution conference to talk about using data to help dealers learn about which cars to purchase, his experience operating a car dealership and the origin story behind his company. Plus, Hall discusses how his company works with […] [Read More]

Bill Jones approaches every segment of his life with enthusiasm and zeal. Professionally, Jones serves in multiple roles as the chief executive officer and president of Regional Acceptance Corp., as well as executive vice president and manager of BB&T Dealer Retail Services. Personally, Jones treasures the time he spends with his wife and adult children […] [Read More]

Through the Tribute 2 Veterans presented by Autotrader program, friends and family of former service members can submit a veteran’s name to be featured on the No. 2 Autotrader Ford Mustang during the March 2020 race weekend at Atlanta Motor Speedway. Brad Keselowski will pilot the vehicle, and Brad Keselowski’s Checkered Flag Foundation and Autotrader […] [Read More]

America’s Auto Auction has purchased KCI Kansas City from the McConkey Auction Group, stretching its auction count to 23. The transaction, which was effective Nov. 1, is its second major purchase this year and continues a long line of expansion for the auction company. In March, America's Auto Auction bought Lynnway Auto Auction. It purchased West Michigan […] [Read More]

Through a new partnership between TrueCar and grocery retailer Kroger, customers will receive price context, upfront guaranteed savings off the manufacturer’s suggested retail price on new vehicles, and in some states, discounts on used vehicles. Called the Kroger Auto Buying Program, it will be open to Kroger customers who shop at stores within Kroger, Dillons, […] [Read More]

Axis Auto Finance originated $1 million in new loans in a single day. The milestone, which took place at the end of September, was a single-day originations record for the company. The record highlights the culmination of 12 months of integration and sales platform build-out at Axis, the company said. In addition to allowing the […] [Read More]

Cars.com has named former Hyundai Motor America and Subaru of America chief marketing officer Dean Evans as executive vice president. The company describes Evans as a “renowned automotive industry leader.” In addition to his roles with Hyundai and Subaru, Evans also held executive positions at Dealer.com, Dealix and LotLinx. Cars.com describes Evans as having “more than […] [Read More]

Perhaps this Experian data can be a guide for finance company collection departments and recovery operations as to the locations where more resources might be needed and locales where resources could be scaled back. Experian recently identified the top 25 cities with the highest and lowest ratios of delinquent credit accounts as of the second quarter. […] [Read More]