The Dave Cantin Group (DCG), a dealership merger and acquisition firm, expanded its management team to meet a growing demand for services in key regions of the U.S. Firm founder and chief executive officer Dave Cantin highlighted in a news release this week that the move nearly doubles DCG’s national team of regional and district […] [Read More]

Preparing for the Presidents Day weekend might have been a prelude to how this year’s spring market might behave. Black Book arrived at that assessment as part of this week’s Market Insights report that looked also at how spring is taking hold of the market with overall car retention coming in just slightly stronger than […] [Read More]

Frazer, Wayne Reaves, DealerCenter and now Auto Master Systems (AMS). All of those dealer management systems (DMS) now have an integration with AGORA, a Texas-based provider of technology solutions for the financial services industry. Through the integration with AGORA finalized this week, officials explained dealerships and finance companies active on AMS will have their loan […] [Read More]

Phil Sura of UnityWorks is known as the foremost expert in integrating video on dealer websites. Phil will share his expertise and guide dealers to higher levels of success during Dealer Training Tuesday as part of the Auto Remarketing Canada Conference next month in Toronto.   The conference runs from March 19-20 at the Westin Harbour […] [Read More]

NACHA highlighted the ACH Network, an electronic payment system that safely and reliably moves tens of billions of payments annually, generated another milestone in 2018. Officials indicated payment volume climbed by almost 1.5 billion payments, marking the fourth straight year the ACH Network has added more than 1 billion new payments. NACHA said the ACH […] [Read More]

Just a few months after moving into a new corporate headquarters, Secure Collateral Management (SCM) is advancing beyond being only a skip-tracing provider and into being a forwarding company. In a message sent to SubPrime Auto Finance News on Tuesday, SCM executive vice president Joseph Farley explained why the company is making this move now […] [Read More]

Friday is the most popular day for buyers to visit a dealership, while 59 percent of car buyers spend time doing online research. And six out of 10 shoppers are undecided on a specific vehicle when they enter a dealership. If dealers want statistics like those on understanding their market and their core target audience, they […] [Read More]

For decades, Japanese-brand automakers have made investments in the U.S. economy and U.S. workforce. That commitment has paid off for U.S. workers. According to an employment study that Rutgers University economics professor Thomas Prusa prepared for the Japan Automobile Manufacturers Association’s U.S. office, those Japanese automakers generate 1.52 million jobs throughout the United States. The […] [Read More]

John North III, who is resigning from his chief financial officer post at Lithia Motors effective March 1, is joining Avis Budget Group as its CFO, effective March 18.  Avis Budget noted in a news release that North will oversee all financial aspects of the business, including financial planning and analysis, accounting and financial reporting, tax, internal […] [Read More]

In the fifth of six panel discussions recorded at Used Car Week 2018, Joe and Nick moderate a session on the rapid evolution of the wholesale used-car space, titled "Innovators: The Next Generation of Used Cars." Panelists include George Chamoun of ACV Auctions, Kayne Grau of KAR Auction Services, Bob McConkey of McConkey Auction Group, […] [Read More]