Perhaps finance company executives might become a bit concerned when seeing the combination of slowing originations coupled with broad economic turbulence stemming from global trade clashes as well as more troubling signs emanating from markets beyond the United States. Well, a pair of analysts from TransUnion looked at their latest data and reiterated the fundamentals […] [Read More]

As AUL Corp. collected a regional accolade for the sixth consecutive year based on its workplace, Axiom announced the newest member of its executive team. Susan Johnson recently joined Axiom in the role of executive vice president with the responsibility of leading full-cycle product development and administration initiatives for current and future products. As a […] [Read More]

It was a great start to the second half of the year for the certified pre-owned car market. There were 236,579 CPO vehicle sales in July, which beat year-ago figures by 6%, despite trailing June figures by 2%, says a new Data Point report from Cox Automotive, which cites Motor Intelligence data. This follows a […] [Read More]

A Cox Automotive conference call discussing the latest phase of its study titled, “Evolution of Mobility: The Path to Electric Vehicle Adoption,” highlighted results from a Cox Automotive survey of consumers and dealers. One of those findings: Consumers believe EVs are coming, but that hasn’t increased their interest in buying one. The session discussed additional […] [Read More]

A 40-acre expansion of Copart’s Atlanta East location, which the online vehicle auction company announced on Friday, marks the second time Copart has expanded that location this year. Copart said the expansion is a continuation of the execution of its capacity growth initiative. This location is one of nine Copart locations in Georgia. Copart’s Atlanta East auctions […] [Read More]

Group 1 Automotive has added former S.C. Johnson executive Steven Stanbrook to its board, expanding the number of directors to 10. In a news release Thursday, Group 1 said Stanbrook spent more than 30 years in the global consumer packaged goods sector, most recently as the chief operating officer for international markets at S.C. Johnson, […] [Read More]

Hudson Cook announced this week that nine of the firm’s attorneys were recently selected for inclusion in The Best Lawyers in America 2020, including four who are celebrating 10 years or more on the list. The firm highlighted attorneys named to The Best Lawyers in America are recognized by their peers in the legal industry […] [Read More]

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]