The ramp-up of standalone used-car stores from the likes of Sonic Automotive, AutoNation and Penske Automotive Group is certainly one of the key pre-owned strategy moves leading the retail auto market right now. But it’s not just the big kids on the block. Todd Caputo and his Sun Auto Group — a small collection of […] [Read More]

Auction Academy has released its schedule for this year’s 2018 Seminar Series program. Auction Academy’s upcoming seminars will kick off with a a workplace culture session that will be held in Franklin, Tenn., March 26 and March 27.  “Different from our two-year program, the Seminar Series offers one-day intensive sessions, with in-depth focus on a […] [Read More]

The calendar year might have increased by one digit, but the analyst team at Wantalease.com is seeing that prices on most of today’s popular vehicle leases are holding steady in January. Compared to December, site analysts determined that 33 different vehicles maintained their prices. Wantalease.com noticed only one vehicle is currently offered for less than […] [Read More]

MBSi Corp. welcomed a top executive from another firm in the recovery industry to its company team this week. MBSi, one of the loyal sponsors of Used Car Week and a leading provider of repossession assignment software and vendor compliance solutions, announced that John Fountaine has joined the MBSi team as director of business development.  […] [Read More]

White Clarke Group recently bolstered its North American workforce. The global provider of full lifecycle loan origination, servicing, collections and floorplan finance technology announced Heather Slyman has joined the firm as vice president of business development for North America. Executives highlighted the addition of Slyman to the White Clarke Group global team is a direct […] [Read More]

An important component in subprime auto finance underwriting is gauging the potential contract holder’s ability to make installment payments. LAUNCHER.SOLUTIONS and Equifax are teaming up to help finance companies with that stipulation. This week Equifax and LAUNCHER.SOLUTIONS, a technology provider specializing in subprime automotive originations, announced an integration of Launcher’s appTRAKER Loan Origination System with […] [Read More]

Autosoft announced Wednesday that it has introduced Inventory Management, a second DMS module that provides dealerships with vehicle appraisal, inventory pricing, and merchandising functionality with mobile capabilities. This follows Autosoft’s launch of its next-generation DMS earlier this year, the company said. The new cloud-based platform lets dealerships utilize all key solutions from one database that […] [Read More]

General Motors Co. recently received the IHS Markit Loyalty Awards program's top distinction at Automotive News World Congress. The annual awards are now in their 22nd year and recognize winners in more than 30 categories for loyalty leadership. With a loyalty rate of 69.1 percent, the American manufacturer took home the evening’s top award – Overall Loyalty to Manufacturer. […] [Read More]

Following upgrades made to the Manheim Market Report this past summer, Manheim has announced that the tool received an estimated total of 23 million visits last year. Upgrades made to MMR this past summer include valuation adjustments for a vehicle’s AutoGrade condition and enhanced mobile and desktop interfaces. On average, more than 90,000 unique users access MMR […] [Read More]

LotLinx announced Wednesday that Gee Leung has joined the company as chief operating officer. Within a career spanning two decades, Leung has been a trusted advisor to several digital media and technology companies, according to LotLinx. The company said Leung’s experience includes working with some of the largest global technology leaders and he brings a view of […] [Read More]