The last two years have seen drops in the number of vehicles with unfixed recalls on the road, something that Carfax finds to be “great news,” but tempers it with this: significantly more progress needs to be made. There are currently more than 52 million cars with open recalls, compared to 57 million in 2018 […] [Read More]

Every month, CrashedToys locations host auctions of motorcycles, ATVs, and watercraft. CrashedToys is a brand of Copart, an online auction company that specializes in the remarketing of motorcycles and other powersports units. CrashedToys announced on Friday that its new facility at 8687 Weyand Ave Suite B, in Sacramento, Calif., is now open for business. CrashedToys Sacramento hosts […] [Read More]

Industry professionals vote each year on the annual Consignor of the Year award, honoring “individuals who encourage the use of best practices while also embracing and implementing innovation.” ARI said in a news release that during the Conference of Automotive Remarketing in March in Las Vegas, the company's manager of remarketing operations Chris Clarke was named […] [Read More]

As a military veteran, CarMax Foundation president Matt Aman is well aware of the stress military families face. He also knows how important play is to children of military members. “When you are deployed and away from your family, knowing that they are happy, healthy and supported in the community allows you to focus on the […] [Read More]

The segment of the nation’s economic engine fueled by franchised dealerships ran pretty smoothly last year. In fact, employment and payroll at U.S. franchised dealerships continued to rise in 2018, according to the latest report released on Monday by the National Automobile Dealers Association. In 2018, the nation’s 16,753 franchised dealerships employed 1,136,600 workers, up […] [Read More]

Organizers of the 23rd annual Non-Prime Auto Financing Conference hosted by the National Automotive Finance Association have solidified their agenda that covers an array of topics again this year. From the NAF Association/AFSA Non-Prime Auto Financing Survey and a look at the auto ABS market to what’s being dubbed as “Fraud Friday,” this year’s event contains three […] [Read More]

Intended to target the subprime space, MicroBilt recently launched Bank Account Verify Advantage (BAV Advantage); a new product that uses verified bank data to assist auto-finance companies and other lenders in scoring applicants. MicroBilt highlighted that BAV Advantage looks across a proprietary database of more than 150 million consumer records and 1.5 billion ACH and […] [Read More]

Along with offering an update on how its uniFI platform has been adopted, Dealertrack’s Cheryl Miller joined Nick for another podcast to discuss how dealerships and finance companies are answering the call to respond to consumer demand for transparency and ease of use. The senior vice president and general manager for Dealertrack F&I and Registration […] [Read More]

In 2019, 70 percent of surveyed truck owners said they would switch brands if their preferred pickup truck brand increased its prices by $10,000. That number is up compared to 64 percent in 2018. That is according to CarGurus’ 2019 Truck Sentiment Survey, which compared pickup truck owner brand sentiment to a similar survey the […] [Read More]

Most weekdays, I spend the day in the Cherokee Media Group office, located in a suburban office park with ample parking and space for vehicles to move about. So, my colleagues and I could be considered a target demographic for a mobile, on-demand car care service like Spiffy, which is headquartered just up the road […] [Read More]