The Dave Cantin Group (DCG) sought to become the fastest-growing and largest automotive mergers and acquisitions firm in the United States during 2018. And DCG believes it delivered on that vision based on the results the company reported this week. DCG completed 2018 with 39 acquisition listings valued at more than $1.5 billion. The listings […] [Read More]

AutoAlert chief executive officer Mike Dullea announced a trio of executive promotions on Wednesday. In moves Dullea said, “reflect the overall growth and movement of our organization toward more large-scale relationships, which include global initiatives,” the promotions include: —Don Favero to global vice president of sales and marketing —Beth Donovan to vice president of incentives […] [Read More]

Before the federal government shutdown took hold, the Federal Communications Commission adopted new rules that can impact phone numbers auto finance company collection departments might be trying to regain contact with delinquent contract holders. The new FCC rules are designed to establish a reassigned numbers database that the regulator said will reduce the number of […] [Read More]

While facing challenges on multiple fronts, report findings declared that changing customer behaviors and demands should be fueling change in the service and products retail banks are offering. Those assertions arrived as part of an in-depth study released on Wednesday by banking software company Temenos. The report, written by the Economist Intelligence Unit (EIU) on […] [Read More]

CompliancePoint is looking to find vulnerabilities before data-driven miscreants find a pathway to leverage company information in unsavory ways. CompliancePoint, a leading provider of information security and risk management services for compliance and data security, recently established a data privacy solutions focus for the automotive industry, with resources to protect manufacturers, auto finance companies, dealers […] [Read More]

Just like some of its auto finance company clients, CalAmp is diversifying its portfolio beyond its GPS solution division that can help with recoveries and mitigate risk. On Tuesday, CalAmp announced a strategic partnership with Pioneer Electronics to expand connected vehicle services through Pioneer’s aftermarket and installation specialist channels in the United States. Technavio market […] [Read More]

The roster of partners on Hudson Cook’s legal team became larger this week. The firm announced attorneys Anastasia Caton and Erica Kramer have been promoted to equity partners of the firm, effective Jan. 1. With their addition, 18 of the firm’s 40 equity partners are female. Caton, a resident in the firm’s Washington, D.C. office, […] [Read More]

Sheehy Auto Stores has announced donations of $135,000 among 19 charities throughout the communities they serve in Washington, D.C., Baltimore and Richmond, Va.  The donations are part of Sheehy’s Annual Giving Program whereby each dealership partners with local non-profit organizations.   “Sheehy Auto Stores is pleased to continue our annual end of the year giving campaign that supports […] [Read More]

The top 15 cars that original owners keep for 15 years or more are exclusively Japanese models and predominantly Toyotas, according to a new study by iSeeCars.com. Earning the top spot is the Toyota Highlander midsize SUV, with 18.5 percent of original owners keeping the vehicle for 15 years or more, two and a half […] [Read More]

KAR Auction Services executive Peter Kelly has been named president of the company, a newly created position. In a news release Tuesday, KAR said the new role is, “aimed at aligning KAR’s strategy and execution to streamline operational integrations, enhance product development, and accelerate growth,” and follows years of investments and acquisitions that have significantly (and […] [Read More]