Informing Ontario car-buyers about their right to all-in price advertising is the aim of a new province-wide consumer awareness campaign launched by the Ontario Motor Vehicle Industry Council (OMVIC) this week. The Ontario vehicle sales regulator said that despite current laws regarding consumer protection rights, recent research shows that some car-buyers may be uninformed that dealer advertising […] [Read More]

Sometimes, making a move to the “closer” position pays off. Like in 2002, when ace pitcher and 2015 Hall of Fame inductee John Smoltz promptly posted 55 saves, a National League record, during his first full year as closer for the Atlanta Braves. But in automotive, there has also been some success with the opposite approach. […] [Read More]

The transformation of AutoCanada’s leadership structure appears to have peaked. According to a news release distributed on Wednesday, AutoCanada named three more top executives for the company that operates dealerships in both Canada and the United States. The company said Raj Juneja has been appointed as chief financial officer, while Michael Cunningham has been appointed […] [Read More]

One of Kia’s flagship dealerships has new owners. Kerrigan Advisors represented and advised Car Pros Automotive Group in its recent sale of Carson Kia — which the firm said is the highest volume Kia dealership in the U.S. since 2016 — to southern California-based Trophy Automotive Dealer Group (TADG). Opened in 2017, Kerrigan Advisors highlighted […] [Read More]

ACV Auctions has brought aboard a new company chief financial officer and chief corporate development officer. The company announced Wednesday that it has named Matthew George to serve as CFO and Craig Anderson to serve as chief corporate development officer. “We have achieved a tremendous amount in a few years,”ACV Auctions chief executive officer George Chamoun […] [Read More]

The RAM 3500 has the best resale value in the industry, according to J.D. Power, who released its 2018 J.D. Power Resale Value Awards this week.  On Wednesday, J.D. Power recognized mass market and luxury models for best resale value across 24 model-level vehicle segments. While the RAM 3500 received the highest honor for best resale value this […] [Read More]

It might only be August, but the American Recovery Association (ARA) already has April on its radar. ARA in conjunction with headline sponsor, Harding Brooks Insurance, announced the theme, secured keynote speakers and early bird registration details for the 11th annual North American Repossessors Summit, which is set to take place at the Omni Mandalay […] [Read More]

For consumers who needed a subprime auto finance company to accept their application because of a soft credit profile, Merchant Partners and Acima Credit are collaborating to assist those same individuals who encounter financial hardship stemming from vehicle repair. The partnership revealed this week combines the technological prowess of Merchant Partners — owner of a […] [Read More]

Finance companies that use the defi SOLUTIONS platform now have additional tools to combat fraud. PointPredictive, a leading provider of machine learning fraud and misrepresentation solutions, announced on Wednesday that its Auto Fraud Manager 2.0 and DealerTrace 2.0 solutions are immediately available for production use by all defi SOLUTIONS customers. “PointPredictive is one of our […] [Read More]

TransUnion is leveraging a relationship with one of its strategic partners to cater to consumers who expect results — like the availability of auto financing — to appear within a few swipes on a smartphone. To meet the evolving needs of consumers, TransUnion recently launched Mobile Offers Now, a solution designed to help financial institutions […] [Read More]