Up to now, JM Family Enterprises has operated five automotive businesses, including Southeast Toyota Distributors, which it describes as the world’s largest independent distributor of Toyota vehicles. The company is also involved in financial services and owns a Lexus dealership. On Monday, the company announced its first acquisition outside of automotive. JM Family has acquired […] [Read More]

The Ram brand at FCA US made quite a splash in the new-vehicle market last month, hitting its best sales month since becoming a standalone brand a decade ago.   The stats are quite impressive: June’s sales of 68,098 units were a 56% increase, according to FCA. That begs the question: Is Ram’s success on […] [Read More]

Black Book’s Used Vehicle Retention Index for June showed how the impact from the spring market still left its mark even as summer began. Editors released the June index reading on Tuesday, noting that it ticked up 0.6% from the previous month to land at 115.0. Black Book explained the strong spring season continued into […] [Read More]

Davis & Gilbert partner Joseph Cioffi reiterated his position that subprime auto finance portfolio performance is expected to deteriorate soon. Cioffi first made that assertion through a 360-degree market study released by Credit Chronometer, a microsite he authors. Nick asked him to elaborate during this podcast recorded during the National Automotive Finance Association’s annual conference in June […] [Read More]

“What have you got on me, and why? And what are you doing with it? Who did you share it with?” That’s the succinct way that John Lewis sums up what consumers have the right to know under the California Consumer Privacy Act. The CCPA gives Californians the right to find out what personal information […] [Read More]

Following its recent spin-off from KAR Auction Services, Inc., IAA Inc. named the members of its board of directors. John Larson, who was the lead independent director of KAR since June 2014, was named IAA chairman of the board. IAA completed the spin-off in June; it was first announced in February 2018. Eight individuals will serve […] [Read More]

To continue the momentum started by our Women in Remarketing and Women in Auto Finance franchises, Auto Remarketing has launched Women in Retail, an awards program that specifically recognizes leaders on the retail side of the auto industry. This inaugural class of honorees is spotlighted in the July 1 issue of Auto Remarketing, which includes Q&As with each recipient of […] [Read More]

To continue the momentum started by our Women in Remarketing and Women in Auto Finance franchises, Auto Remarketing has launched Women in Retail, an awards program that specifically recognizes leaders on the retail side of the auto industry. This inaugural class of honorees is spotlighted in the July 1 issue of Auto Remarketing, which includes Q&As with each recipient of […] [Read More]

To continue the momentum started by our Women in Remarketing and Women in Auto Finance franchises, Auto Remarketing has launched Women in Retail, an awards program that specifically recognizes leaders on the retail side of the auto industry. This inaugural class of honorees is spotlighted in the July 1 issue of Auto Remarketing, which includes Q&As with each recipient of […] [Read More]

To continue the momentum started by our Women in Remarketing and Women in Auto Finance franchises, Auto Remarketing has launched Women in Retail, an awards program that specifically recognizes leaders on the retail side of the auto industry. This inaugural class of honorees is spotlighted in the July 1 issue of Auto Remarketing, which includes Q&As with each recipient of […] [Read More]