AuctionVcommerce announced Friday it has introduced a new basic version of its Online ClerkTraining Simulator released in 2015. In recent years, auctions using the original program have requested a modified solution with minimal investment, according to the company. “My original vision included the idea that auctions would validate the certification with a new pay structure […] [Read More]

Announced Monday, RMS Automotive and Manheim has given independent U.S. dealers a new co-listing capability that provides access to all open sale vehicles listed on RPM, the Nissan and Infiniti digital sales platform powered by RMS Automotive. The open sale inventory on RPM will be simultaneously listed on Manheim.com and OVE, Monday through Friday, from 3 p.m. […] [Read More]

This past Friday, both the Credit Union National Association (CUNA) and the Federal Trade Commission made moves associated with the Equifax security breach. CUNA announced that the association will file a lawsuit against Equifax to protect credit unions and their members from harm as a result of the incident that Equifax reported to have happened […] [Read More]

Wise F&I recently enhanced its vehicle service contract, WiseTVP, to offer consumers five coverage plans, which now include an extended term with coverage for up to 10 years and 100,000 miles. The company highlighted WiseTVP’s coverage plans can provide for escalating levels of mechanical breakdown coverage, and all plans include towing, car rental, trip interruption, emergency […] [Read More]

J.D. Power announced Monday it has promoted Thomas King to fill the new position of data and analytics senior vice president. King has served in senior roles at the company since joining in 2005. He most recently served as J.D. Power vice president of PIN OEM operations, digital marketing analytics and auto finance, where he led the […] [Read More]

Many dealerships have a promotional moniker to distinguish itself in their market; for example touting the biggest selection of used vehicles. Hireology chief executive officer and co-founder Adam Robinson recommended that stores also generate a local reputation that helps the rooftop generate quality “ups” who could be high-performing, long-term employees. Robinson described the importance in […] [Read More]

The Consumer Financial Protection Bureau’s anti-arbitration rule is now heading for a courtroom clash. On Friday, the U.S. Chamber of Commerce, American Bankers Association, American Financial Services Association, Consumer Bankers Association, Financial Services Roundtable and a coalition of associations located throughout Texas filed a legal challenge to the CFPB’s rule that prohibits the use of […] [Read More]

A 2018 model-year Volkswagen that might be in your used inventory one day could have a considerable amount of factory warranty remaining thanks to a decision the automaker announced on Friday. For the 2018 model year, the OEM said most new Volkswagen vehicles in the United States will come with the company has dubbed the […] [Read More]

MUSA Auto Finance said its platform now offers capability that separates it from any captive or other provider specializing in leasing of new and pre-owned vehicles, especially for customers who already have strong credit backgrounds. MUSA Auto Finance announced this week the launch of automated decisioning for leases submitted through Dealertrack, RouteOne or its online portal. […] [Read More]

More evidence arrived this week indicating how some contract holders in your portfolio might be struggling to maintain their finances. This time, the research came from the Consumer Financial Protection Bureau. The CFPB’s latest survey showed that more than 40 percent of U.S. adults struggle to make ends meet. The National Financial Well-Being Survey was […] [Read More]