After launching a new integrated software product earlier in the week that it says will streamline the post-accident process, Enterprise Holdings on Friday announced the retirement of the third chief executive officer in its 60-year history, saying she is the highest-ranking woman in the entire U.S. car rental industry. Pamela Nicholson will retire as Enterprise […] [Read More]

Owner Mike Peebles has sold his long-time Metro Denver-area dealership Longmont Ford to a partnership of buyers that includes Maroone USA, which is a company owned by former AutoNation president and chief operating officer Mike Maroone. Also in the partnership of buyers are Serra Automotive and Pat Grooms, who will become president and operating partner […] [Read More]

For dealers who want to revamp or streamline their branding, Mood Media has what it believes is a complete solution. The in-store media solutions company dedicated to elevating the customer experience on Wednesday unveiled Harmony, its new all-in-one multimedia brand experience platform. This proprietary technology platform can enable brands to connect and manage all of […] [Read More]

The service drive can be just as important to dealer profitability as used and new vehicles rolling over the curb. With that thought in mind, Kelley Blue Book recently launched a new tool to help keep those service bays busy. Kelley Blue Book recently unveiled its new Auto Repair Guide experience, addressing what the company […] [Read More]

Want a good deal on a used vehicle? Get a beige one. According to automotive research firm and car search engine iSeeCars.com, some vehicle paint colors can mean good deals for used-vehicle shoppers. iSeeCars defined deals as 10% or more off a car’s market value. In analyzing more than 4.1 million vehicles to see which […] [Read More]

One of the most frustrating places where a finance company’s collateral can be during the repossession and recovery processes is the equivalent of “car jail.” To help mitigate risk and reduce that frustration, skip-trace and repossession management firm ALS Resolvion recently released a new impound management service called Impound Pro.  The “end-to-end” service is designed […] [Read More]

Fair made two significant moves in September, securing a $500 million revolving credit facility to help “sharply scale” its partnership with Uber along with buying Ford Motor Credit’s Canvas vehicle subscription service. And now Fair is turning its attention back to cultivating relationships with dealerships. Fair’s aggressive actions continued on Wednesday as the vehicle subscription […] [Read More]

Last month, Carvana expanded its footprint throughout the Southeast, making vehicle deliveries more available in places such as Florida and Tennessee as well as unveiling plans for a reconditioning center in North Carolina. Carvana also recently boosted its financing horsepower in the Southeast by finalizing a relationship with Regions Bank. Working with Carvana, Regions Bank […] [Read More]

F&I product provider RoadVantage hired a new chief financial officer this week. Bringing more than 25 years of senior finance and operational experience to RoadVantage is its new CFO Scott Wolfe, who the company believes also will offer “fresh perspective on managing our continued rapid growth.” Wolfe possesses experience in the management and expansion of […] [Read More]

The auto-finance industry went to two of the most readily accessible tools it has to complete new-vehicle deliveries in September as transaction prices for new metal continue to stretch buyers’ purchasing capabilities. As J.D. Power spotted incentives climbing to within $28 of an all-time high, Edmunds indicated the average interest rate for a new-vehicle retail […] [Read More]