DAA Northwest Auto Auction made a long-term commitment four years ago to Sunset Elementary students and staff, “adopting” the school that is located just two miles from its site. More than 200 auction employees volunteer to participate in a payroll deduction plan, providing healthy weekend snacks to students through the “Bite2Go” program. The program includes […] [Read More]

To get a sense of the approach Jasen Rice and his team at Lotpop take in working with dealers, picture the one-game-at-a-time, week-by-week approach of a football team. “They don’t worry about the Super Bowl; they worry about who they’re playing this week. They make their adjustments and try to win that game,” Rice said […] [Read More]

The former president of the National Independent Automobile Dealers Association and his store’s finance manager have been indicted by a federal grand jury in Erie, Pa., on charges of conspiracy, bank fraud and wire fraud, according to a news release from the Justice Department distributed this week. U.S. Attorney Scott Brady said the 17-count indictment […] [Read More]

As Intellaegis, which does business as masterQueue, gears up for a potential award-winning appearance at the Finovate Fall conference in New York this September, the company announced an executive adviser joined the team, bringing a diverse technology background. Intellaegis’ newest executive adviser is Victor Kan, former president and chief executive officer of Fujitsi Computer Products […] [Read More]

The latest data made available by Equifax reinforced patterns many finance companies might be experiencing. Origination volume is slowing, while the amount financed is climbing. According to Equifax data through March, the auto-finance industry generated 5.90 million auto loans, totaling $135.5 billion. Analysts indicated the metrics represent a 1.0% decrease in accounts and a 1.3% increase […] [Read More]

In announcing two California expansions on Tuesday and Thursday, Carvana says it is addressing growing demand for the company’s products in Los Angeles and surrounding areas. The company unveiled its newest car vending machine in the Westminster area of Los Angeles and also launched as-soon-as-next-day vehicle delivery to residents of Oxnard, Calif. Carvana’s latest vending […] [Read More]

The Zanchin Automotive Group is the largest auto dealer group in Toronto. So, the business obviously already touts a pretty solid, well-known reputation in the city and the greater Toronto area, as well. But when you already have your name out in the community, where do you focus your marketing effort then? What next? To […] [Read More]

Auto dealerships are often simply the kind of businesses that throughout history have gotten passed down through generations. And even if they change hands, they often retain their place in the community for decades. In fact, many dealerships and dealer groups just end up growing right along with their communities. And that’s how the story […] [Read More]

Manheim says it is ramping up its investment in Simulcast and plans to add a host of new features to the digital auction platform later this year and early next. The company declined to provide a specific breakdown of the investment but did note that it is part of the 2-year, $100 million overall digital […] [Read More]

In announcing its 2019 Vehicle Satisfaction Award winners, AutoPacific said that Nissan’s Murano and Maxima “continue to be unbeatable” since their redesigns entered the market in 2015 and 2016, respectively. “Even with new competition this year in the all-new Subaru Ascent, Volkswagen Atlas and Lexus ES, the Murano and Maxima came out on top,” AutoPacific […] [Read More]