TransUnion senior vice president and automotive business leader Brian Landau sees used-vehicle financing continuing to be one of the primary ingredients filling provider portfolios for the rest of the year, especially after reviewing the latest auto data contained in TransUnion’s Q4 2018 Industry Insights Report. After a steep decline in originations during the third quarter […] [Read More]

Four companies collected honors for their presence in the exhibit halls at NADA Show 2019 this past January in San Francisco. The National Automobile Dealers Association indicated booth awards went to the following participants: — Inline booth: Rousseau Metal — Small island booth: SiriusXM — Medium island booth: CU Direct — Large island booth: Market […] [Read More]

Carvana continues to expand its reach as an e-commerce platform for buying and selling used cars. After its announcement in January that it launched in five New York markets and that it also began operations in Columbus, Ga., Carvana announced on Wednesday that it has launched in five additional Northeast markets. Carvana customers can shop for […] [Read More]

Members of the Ricart family have been “avid Harley-Davidson riders for years.” Now, they will be able to bring that passion for motorcycles into their business. Ricart Automotive on Tuesday announced it has acquired A.D. Farrow Co. Harley-Davidson, which it noted is America’s oldest Harley dealership. Ricart, noting that the acquisition will bring “mobility to […] [Read More]

As TPC Management Co. (TPC) rolled out details for the next installment of Auction Academy, an operation that has sent graduates through that continuing education program recently received a top industry accolade from United Auto Credit. Officials announced registration for Auction Academy Class 6 is now open as it's scheduled for May 16-18 in Nashville, Tenn. And showing how training […] [Read More]

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]