Along with projecting how third-quarter results might land for a trio of the large publicly traded dealer groups, KeyBanc Capital Markets recently shared its latest dealer survey that offered more clarity on how much Hurricane Harvey impacted used-vehicle sales in August. The survey results showed just a third of dealers who participated had used-vehicle sales […] [Read More]

A week ago, a lawsuit landed in the Northern District of Texas, Dallas Division where five national organizations and a coalition of associations located throughout Texas filed a legal challenge to the Consumer Financial Protection Bureau’s rule that prohibits the use of class action waivers in arbitration clauses. Craig Nazzaro, who is of counsel in […] [Read More]

Dealer.com announced Thursday it has unveiled a new website experience optimization that personalizes content for car buyers based on individual shopper behavior across Autotrader and Kelley Blue Book. The new data integration is designed to help dealers deliver personalized shopping experiences online in a way that saves time and money, according to the company. Using shopper behavior data from Autotrader.com […] [Read More]

Along with highlighting seven major findings and availability of the 2017 Non-Prime Automotive Financing Survey, the National Automotive Finance Association on Friday announced the next stage of its compliance training offerings. Building off of the momentum generated by wide-spread leveraging of its Compliance Certification Program, the NAF Association launched what it’s calling Phase 2 for […] [Read More]

CDK Global announced Thursday CarGurus has joined its partner program to allow dealers using CDK websites to gain exposure for their inventory on CarGurus.com and access leads from the site. As a CDK Global Partner Program participant, CarGurus reporting will be integrated into the CDK Dealer Command Center. The company said the integrated solutions will […] [Read More]

Through three quarters of 2017, one turn of phrase common among automakers reporting Canadian certified pre-owned vehicle sales is “best.” Whether that’s best year or best September, Canada’s CPO car market is rolling. Audi, for instance, is enjoying its best certified pre-owned sales year in history, the company said. It has sold 6,497 CPO units through […] [Read More]

To get a pulse on the 2017 regulatory environment, Auto Remarketing Canada reached out to leaders at the Ontario Motor Vehicle Authority (OMVIC) and the Alberta Motor Vehicle Industry Council (AMVIC). When asked what was top of mind for the regulatory bodies in 2016, Brian Osler, director of legal services for OMVIC, said what is […] [Read More]

Two operators in the auto finance space recently celebrated year No. 2 together. GWC Warranty recently marked two years of partnership with Metrolina Credit by joining the Carolinas-based finance company at the grand opening of its new corporate headquarters and flagship branch office in Charlotte, N.C. GWC Warranty and Metrolina first partnered in 2015, and […] [Read More]

LotLinx announced Thursday its upcoming expansion across Canada on Dec, 1 to offer Canadian dealers its TURN platform, which features the company’s VIN-View Optimizer (VVO) tool. The December launch will be by invitation-only and will include some of Canada’s largest and most influential dealership groups in key markets such as Toronto, Montreal, Vancouver, Quebec City, Edmonton […] [Read More]

Through the first three quarters of 2017, total bankruptcy filings have dipped a bit year-over-year. The American Bankruptcy Institute reported this week that total U.S. bankruptcy filings fell one percent during the nine-month span that concluded on Sept. 30. According to data provided by Epiq Systems, total filings came in at 589,088 cases, down from the […] [Read More]