Dave Cantin Group announced it has promoted chief business and strategy officer Brian Gordon to president of the company and its related businesses. In a news release, the mergers and acquisitions advisory company said Gordon, who has been with the company for two years, is tasked with leading the “ongoing evolution of the DCG business […] [Read More]

As part of the inaugural Automotive Intelligence Awards, Cherokee Media Group is honoring a select group of outstanding auto industry analysts for their contribution to the knowledge base of the used-car retail, finance and remarketing industries. Next up on our series of podcasts with these first-ever honorees in the Automotive Intelligence Awards: Industry Analysts program […] [Read More]

Credit Union Leasing of America (CULA) announced on Monday that it has been selected by FORUM Credit Union to bring the benefits of vehicle leasing to FORUM’S more than 160,000 credit union members across 15 branches in Indiana. This partnership continues CULA’s extension of its national footprint and marks its largest credit union collaboration in […] [Read More]

On Monday, Wolters Kluwer named Lisa Nelson as CEO of its financial and corporate compliance (FCC) division. The move is effective March 31. The provider of information solutions, software, and services for professionals highlighted that Nelson has more than 25 years’ experience in financial services data analytics and fintech businesses, most recently at Equifax, where […] [Read More]

During tax season, the auto-repossession sector typically sees a dip in repossessions as customers receive additional cash and pay down their obligations. Recent data from Fitch Ratings and the Federal Reserve Bank of New York indicate a concerning rise in auto loan delinquencies, escalating household debt, and diminishing consumer savings, signaling potential stress in the […] [Read More]

This week has been designated by the National Highway Traffic Safety Administration as Vehicle Safety Recalls Week and CARFAX is all in. The provider of vehicle history reports said the search tool it built with the Alliance for Automotive Innovation has been used to check vehicles in the U.S. for unfixed recalls nearly eight billion […] [Read More]

Ingram Walters is out of the car business. And Charlie Tomm is back in. The longtime dealer and co-founder of the National Alliance of Buy Here-Pay Here Dealers has sold his last dealership, Bob Mayberry Hyundai in Monroe, N.C., to Pablo River Partners, a Jacksonville, Fla.-based investment firm headed by chairman and CEO Tomm, according […] [Read More]

As part of the inaugural Automotive Intelligence Awards, Cherokee Media Group is honoring a select group of outstanding auto industry analysts for their contribution to the knowledge base of the used-car retail, finance and remarketing industries. Next up on our series of podcasts with these first-ever honorees in the Automotive Intelligence Awards: Industry Analysts program […] [Read More]

“In like a lion, out like a lamb” is supposed to describe March, or at least its weather. But in the wholesale vehicle market, that saying applied to February. Whether from literal winter storms or figurative economic/political ones, the month began with some used-car price “volatility” that smoothed out as February ended. And at the […] [Read More]

Owning and operating an automotive dealership, or group, is a demanding yet rewarding business. However, one of the most critical and often neglected aspects of owning a dealership is succession planning. While many dealers focus on day-to-day operations, few take the necessary steps to ensure long-term success through structured, transitional strategies. Succession planning isn’t just […] [Read More]