More than 100,000 credit union members now could have a clear path to financing a vehicle purchase if they use online retailer Carvana. Firstmark Credit Union — founded in 1932 by 10 teachers within the San Antonio Independent School District — recently partnered with Carvana. Members now have access to a Carvana + Firstmark co-branded […] [Read More]

Soon college students will be returning to campuses nationwide for the start of the fall semester. Triggered by four primary reasons, Swapalease.com is providing students with a practical alternative to buying a vehicle that fits their needs, without tacking on crippling debt. Swapalease can allow students to take over a lease on their own terms.  Students […] [Read More]

GWC Warranty acknowledged that perhaps the most difficult obstacle to overcome in the dealership F&I office is getting customers to trust that the products store personnel are offering will be worth the added cost. The provider of used-vehicle service contracts sold through dealers insisted in a recent blog post that establishing trust is the first […] [Read More]

Morgan Auto Group has expanded its portfolio to a total of 32 dealerships with the addition of two new stores that will be led by Jerry Clark. The company announced Friday that its newly acquired Brandon Hyundai and Brandon Mitsubishi stores in Tampa, Fla., represent its first and third Hyundai and Mitsubishi dealerships, respectively. “The Brandon Hyundai […] [Read More]

Faraday Future has brought aboard Henry Hong Liu to head the company’s global legal, government, administration and capital affairs. The company announced Wednesday that Liu will take on the positions of  global chief administrative officer, global executive vice president and global general counsel. Liu, an expert in international legal, banking and regulatory affairs, brings over two […] [Read More]

In looking at Canadian certified pre-owned sales reports provided to Auto Remarketing Canada, the highlight of July was perhaps Volkswagen, which posted its best month for CPO sales in history. VW moved 2,137 certified vehicles in July, compared to 1,683 units a year ago. Year-to-date, its numbers are up more than 30 percent, having sold 12,349 […] [Read More]

The retail used-vehicle market is likely benefitting — at the moment, at least — from pulling over and pulling ahead. That is to say, a value proposition that is pulling would-be buyers of traditional cars in the new market over to the used market; and the specter of proposed automotive tariffs that may be leading […] [Read More]

LotLinx has named Michael Morrison the company’s new senior vice president of sales, the company announced Friday. Morrison, who comes to LotLinx after 10 years with the Nielsen Company, brings expertise related to building and leading sales teams responsible for delivering business-critical insights for media spend to companies across several industries. “Michael is a natural fit for us as we […] [Read More]

While AutoWeb sustained a net loss of more than $5 million during the second quarter, new president and chief executive officer Jared Rowe insisted the company “made great progress” with regard to a significant revamp of how it operates as a digital marketing platform providing advertising solutions for dealers and OEMs. On Thursday, AutoWeb reported […] [Read More]

Getaround, the carsharing platform company that helps consumers rent nearby cars from drivers in their city, has added the Greater Philadelphia area to its roster of markets. This footprint expansion follows the carshare platform provider's April announcement that it secured over $40 million dollars in funding and grew its California presence to include both Los Angeles and San Francisco. Along […] [Read More]