A 14.2-mile interior fence. Tough terrain. Multiple security personnel. Two or three vehicles churned from wear and tear annually. A looming United States Customs Trade Partnership Against Terrorism (CTPAT) audit in jeopardy. These were the challenges Kia Georgia faced because inspecting its massive fence for damage was as costly as it was time consuming. The […] [Read More]

We continue our episodes of the Auto Remarketing Podcast originating from the Live Stage, which was sponsored by SYCN Auto Logistics, during the Used Car Industry Summit in Miami this spring. During previous events hosted by Cherokee Media Group, TJ Cox of TransUnion mainly discussed auto finance and the economy. This time, the senior director […] [Read More]

A dealership manager has taken the next step and acquired his first store. Ahmed Fayed partnered with entrepreneur Robert Palmese to purchase Matt Blatt Chrysler Dodge Jeep Ram in Philadelphia from the Greenblatt Family, according to Performance Brokerage Services, which brokered the deal. The dealership, which has been renamed Liberty Chrysler Dodge Jeep Ram, is […] [Read More]

Byrider recently said its buy-here, pay-here dealership network is gaining momentum this year with a franchisee-led ownership structure, a major investment in its homegrown dealership management software and franchise growth plans. According to a news release, there currently are 36 franchising groups, with nearly 70% of that collection owning multiple stores. The company continues to […] [Read More]

Since launching the Women & Automotive: Canadian Leadership Forum in 2016, Cherokee Media Group has honored a group of Canada’s auto industry leaders each year through its Women & Automotive Profiles in Leadership program. And we’re excited to announce our 2026 honorees, who will be recognized during Canada’s Used Car Week next month in Toronto. […] [Read More]

The current state of auto retail in Canada is … not great. For AutoCanada, still navigating the final stages of a two-year-long transformation journey out of rough financial seas, that means the first quarter of 2026 was anything but smooth sailing. “The Canadian automotive market remains soft,” CEO Sam Cochrane said. “Industry demand for new […] [Read More]

Just ahead of Memorial Day weekend, StoneEagle released first-quarter findings from its StoneEagleDATA F&I Benchmark Report, highlighting how much hay dealership F&I offices made during the first three months of the year. Analysts indicated the first quarter extended one of the strongest F&I performance stretches in StoneEagleDATA, with F&I offices averaging $1,986 in F&I profit […] [Read More]

Black Book tackled predictions for depreciation and residual values along with pinpointing a variety of factors that could be either tailwinds or headwinds for the used-car market as part of its Vehicle Depreciation Report 2026 compiled in collaboration with Fitch Ratings. Analysts see 2026 as an “inflection point” for the industry. “Core metrics — including […] [Read More]

In a move that was effective May 11, Millennium Capital & Recovery Corp. announced on Thursday that Jason Collins is now president of the company that provides collateral recovery management and remarketing solutions serving banks, credit unions, fintechs, auto captives, and other consumer finance companies nationwide. Collins will report directly to Vincent Iacono who is […] [Read More]

Last week, NCC looked to help dealership finances by rolling out a tool powered by Equifax to spot chargeback risk. This week, the provider of integrated credit, compliance, desking, and fraud prevention solutions for automotive retailing made sure its own finances are in order by announcing the appointment of Coreen Sawdon as chief financial officer. […] [Read More]