Along with naming a chief of staff who formerly served the chair of the House Financial Services Committee, Consumer Financial Protection Bureau acting director Mick Mulvaney is continuing to put his stamp on how the regulator operates. The CFPB issued another request for information (RFI); this time in connection with the bureau’s enforcement processes. The […] [Read More]

The Used Car Dealers Association of Ontario (UCDA) is orchestrating a new online effort to connect shoppers and dealerships within the province. The newest solution for Ontario vehicle shoppers — Ontariocars.ca — powered by UCDA members is designed to assure consumers that all vehicles listed for sale on the site come with eight specific elements, […] [Read More]

Canadian Black Book is renaming its annual Canadian auto industry golf tournament. From now on, the tournament, which is in its 21st year,  will be called The Canadian Black Book Kathy Ward Golf Tournament, in memory of the company’s former chief executive officer. Ward, who worked at CBB for nearly 30 years, passed away from cancer […] [Read More]

Carvoy announced Thursday the launch of Carvoy Ignite, an end-to-end e-commerce SaaS platform designed to convert auto dealers’ websites into an online marketplace. The digital platform is available to dealerships nationwide and easily integrates with dealers’ pre-existing systems, the company said. The automotive-tech startup, Carvoy, the parent company of Carvoy Ignite, provides a transparent online solution to […] [Read More]

On paper, it might not seem like the most auspicious of starts to 2018 for the used-car market. January was the third straight month that wholesale prices declined sequentially, putting the Manheim Used Vehicle Value Index at its lowest reading since July. What’s more, the Cox Automotive report accompanying that index said retail used-car sales […] [Read More]

The chicken wings and guacamole from Super Bowl parties are long gone, but what about dealerships seeing a meaningful lift in shopper activity stemming from the television advertising bought by automakers during the game? If past trends are any indication, the store phones should have been busier than drink and food stations at those Big […] [Read More]

It is likely agents discuss their successes and challenges during the networking times and other activities associated with North American Repossessors Summit (NARS) that’s now been conducted for a decade. But now organizers of the industry event hosted by the American Recovery Association (ARA) and sponsored by Harding Brooks Insurance are designating a specific portion […] [Read More]

CarGurus continues to strengthen its presence in Europe. The company said Wednesday it has hired former Dropbox executive Wendy Harris as its vice president of European sales. Harris, who was most recently director of EMEA core enterprise sales at Dropbox, will be based out of the CarGurus European headquarters in Dublin. She had been at […] [Read More]

Carvana announced Wednesday that it has added Charleston, S.C., to its growing portfolio of markets. Charleston residents can now join Palmetto State drivers across Columbia and Greenville who can shop Carvana’s more than 9,000 vehicles and schedule as-soon-as-next-day vehicle delivery, the company said. “Charleston is a vibrant city that balances the traditional while always offering […] [Read More]

Dealertrack recently announced that it has introduced several upgrades for its new mobile application in an effort to improve and evolve dealer productivity. In addition to providing dealers access to credit application and contract activity quickly, via the Dealertrack mobile application, users can also securely track deals within their finance workflow while on the go, […] [Read More]