KAR Auction Services says the new consumer-direct vehicle transportation and logistics services business of its CarsArrive Network will provide services directly to consumers. Those consumers can be individuals or corporate/commercial clients. The retail relocation business is called CarsArrive Auto Relocation, and it will allow consumers to ship their car anywhere in the United States. Consumers […] [Read More]

On Thursday, the Federal Communications Commission will consider a proposal the chairman calls bold action to help consumers block unwanted robocalls but is being questioned by 10 different industry associations, including the American Financial Services Association. FCC chairman Ajit Pai has circulated a declaratory ruling that, if adopted, would allow phone companies to block unwanted […] [Read More]

AUL Corp., in partnership with Vision Dealer Solutions, recently launched an AUL branded F&I menu platform. AUL chief information officer Jose Fleites explained these menus are touch-based sales tools containing all of the F&I options dealers can offer to vehicle buyers toward the end the delivery process. The new platform will offer all of AUL’s […] [Read More]

Fortegra Financial Corp., a leading international specialty insurer and subsidiary of Tiptree, recently announced a new partnership with Carleton, which offers financial calculation software. The partnership is designed to provide a seamless interface for lending platforms to easily and accurately calculate payments with Fortegra’s credit protection product. This new partnered solution can allow Fortegra clients […] [Read More]

Just before May concluded, Mercedes-Benz Financial Services celebrated the grand opening of its new 200,000-square-foot Fort Worth Business Center at AllianceTexas, a 26,000-acre, master-planned, mixed-use development in Fort Worth, Texas. The captive finance company’s leadership team, employees, project partners, community partners and local dignitaries joined together to commemorate the milestone with a tree-dedication ceremony, signifying […] [Read More]

During CU Direct’s Drive 19 Conference last month in Las Vegas, Nick shared a conversation with Credit Union National Association president and chief executive officer Jim Nussle. The CUNA leader and former member of Congress discussed how credit unions are serving their members and their need for auto financing by leveraging technology and more. The […] [Read More]

This week’s Black Book Market Insights report showed the days’ supply of new full-size pickups currently sits at a four-year high, well above 100 days. While editors are thinking automakers might push incentives to get those new trucks over the curb at franchised dealerships, Black Book isn’t seeing prices soften for full-size pickups moving down […] [Read More]

One of the most successful and well-known operations ever to operate in the buy-here, pay-here dealership segment is changing its name. According to a news release distributed on Tuesday, J.D. Byrider announced a major rebranding, officially changing its name to Byrider. The company highlighted the rebranding includes ongoing business model updates to reflect the company’s […] [Read More]

As the National Automotive Finance Association gears up for the “Fraud Friday” portion of its annual conference this week, federal prosecutors recently sentenced an Alabama man posing as an independent dealer to 63 months of imprisonment for bank fraud, mail fraud and drug charges as part of a scheme that cost auto finance companies nearly […] [Read More]

After launching as a pilot a year ago in Philadelphia and Nashville, Tenn., the Mercedes-Benz Collection vehicle subscription program is expanding to Atlanta, which is home to Mercedes-Benz USA. Additionally, the subscription program is adding the Premier tier in Nashville, the company said Monday. Mercedes-Benz Collection is a collaboration between MBUSA, Mercedes-Benz Financial Services USA […] [Read More]