Most auto lenders know their transaction fees down to the penny. Far fewer can tell you what a failed payment actually costs. Why? Because the expenses hide behind the manual workarounds required to resolve payment-blocking issues. Payment friction is often the culprit. Confusing portals that require logins, account numbers and multiple steps on mobile cause […] [Read More]

AutoPayPlus by US Equity Advantage rolled out a new product on Thursday aimed at giving dealerships another option for operators who want to get into reinsurance. The company launched RePayPlus, a reinsured bi-weekly payment program that combines AutoPayPlus’ bi-weekly payment service with a customer retention and reinsurance structure to deliver a solution for dealers. “It’s […] [Read More]

It’s been a difficult start to the calendar year for America’s Car-Mart, which this week announced the completion of the second phase of its previously announced SG&A cost control strategy through “footprint optimization.” The plan includes the consolidation of 13 locations into higher-performing nearby dealerships. This realignment follows five store consolidations that were completed in […] [Read More]

The automotive industry is buzzing. Everywhere you look — from vendor booths at NADA to your LinkedIn feed — it seems like every company is claiming to have the next great artificial intelligence widget. The phrase “AI-powered” is now table stakes, and frankly, it’s created a lot of noise that makes it hard for dealer […] [Read More]

Cherokee Media Group’s Bill Zadeits hosted a fireside chat with Fan Jin, global leader of Amazon Autos, during Used Car Week 2025. Their wide-ranging conversation about the past, present and future of the online platform and its involvement with automakers and dealers is now available through this episode of the Auto Remarketing Podcast. Listen to […] [Read More]

Change is a constant in the car business. Just not when it comes to J.D. Power’s Canada ALG Residual Value Awards. For the seventh consecutive year, Toyota claimed the top prize among mass-market brands, while its sister brand Lexus was No. 1 among premium brands for their 2026 model vehicles’ residual value. The awards recognize […] [Read More]

Things are looking up at Canadian auto auctions. Especially the sale rates. According to Canadian Black Book’s latest Market Insights report, the average auction conversion rate for the week ending Jan. 10 was 50.8%, varying between 23.7% and 95%. It marked the first time the average peeked its head over 50% since Sept. 20, when […] [Read More]

It’s a question any business must answer, but it’s especially important in auto finance. How do you balance growth and risk? A trio of industry executives — Mike Goins of TD Bank, Jeff Marsh of Millennium Capital and Recovery and Kenn Wardle of Arra Finance — answered that question and more during an engaging conversation […] [Read More]

The Jeff Wyler Automotive Family has taken a giant leap into the luxury car sector. The Cincinnati-based dealership group has acquired Midwestern Auto Group from Mark Brentlinger, adding 14 dealerships — most representing premier brands — in six locations grouped together in the Columbus suburb of Dublin, Ohio to the Wyler portfolio. The deal, worth […] [Read More]

automotiveMastermind announced it has launched Command Center, the first of several new products it plans to unveil at the upcoming NADA Show. The data and technology provider said Command Center is a homepage-style dashboard powered by real-time data and predictive analytics and designed to help sales and BDC teams streamline daily workflows and close more […] [Read More]