The Auto Intel Council (AIC) now has seven members. Joining the collection of leading companies and experts in the auto fintech space is Equifax.   The AIC also includes Digital Recognition Network (DRN), IBM, KAR Auction Services, Maryann Keller & Associates, MBSi Corp., and Wells Fargo Preferred Capital. The Auto Intel Council is a private, […] [Read More]

Syncsort recently conducted a survey to explore data quality and organizations’ confidence in data across their enterprise. Though most respondents rated their organization’s data quality either as good (38%) or very good (27%), the software company’s survey revealed a disconnect around understanding and trust in the data and how it informs business decisions. Syncsort reported […] [Read More]

Consumers who might be connected to an installment contract in your portfolio could be a little uneasy about staying current even as the latest reading showed defaults stayed steady. Middle-class Americans are less optimistic about their ability to achieve upward mobility than they were six months ago, according to new data from CUNA Mutual Group, […] [Read More]

Human resources expert and National Automotive Finance Association board member Don Jasensky of Automotive Personnel recently shared seven activities of a job candidate who might be a future high performer for your dealership or finance company. Jasensky leveraged his 30 years of interviewing candidates and following up on their careers and noted one factor top […] [Read More]

Sheehy Auto Stores leaders and employees were more busy than usual during a recent 56-day period from May to July. As part of its annual Sheehy 8000 Sales Race, the company raised $300,000 by selling 8,012 new and used vehicles to achieve its sales goal, and the American Heart Association was the beneficiary. During that […] [Read More]

After a little more than seven months, Cox Automotive has a new chief sales officer. According to a news release distributed on Tuesday, Cox Automotive promoted Tim McKinley from his position as senior vice president of sales for Manheim to chief sales officer for Cox Automotive, reporting to president Sandy Schwartz. Cox Automotive said McKinley […] [Read More]

Customer loyalty. It could be the most important metric for vehicle manufacturers. The reason? It could lead customers to become “brand ambassadors,” said J.D. Power vice president of data and analytics Tyson Jominy. “When a brand can connect emotionally with owners through the vehicle’s content, capabilities or prestige level, owners are much more likely to […] [Read More]

As an entrepreneur working under his brand, “Mike theCarGuy,” Mike Correra has helped increase dealerships’ online visibility through focused branding and engaging, promoting each store’s culture and uniqueness with specific social media management. On Tuesday, auto dealer enterprise dealer management system company DealerBuilt announced the hiring of Correra as a client experience specialist. He will […] [Read More]

While affordability appears to be pushing potential vehicle buyers to the used market, recent lane activity and wholesale price trends chronicled by Black Book are reflecting that some dealers have yet to see that swell of possible purchasers. The newest Black Book Market Insights report values for both cars and trucks softened last week at […] [Read More]

Within a week of promoting an executive to be its senior vice president, chief innovation and technology officer, Lithia Motors looked within its ranks again to find its next senior vice president and chief financial officer. The dealer group announced on Tuesday that it has promoted Tina Miller to the SVP and CFO position. Lithia […] [Read More]