A new survey from TransUnion highlighted a growing concern related to student loans that might impact your auto-finance portfolio. TransUnion said millions of delinquent federal student loan borrowers are bracing for the possible resumption of involuntary collections by the U.S. Department of Education, such as wage garnishment or the withholding of tax refunds or Social […] [Read More]

Subprime auto finance securitizations are being watched even more than usual nowadays. Late on Friday, S&P Global Ratings adjusted its ratings of securitizations provided by Lendbuzz and Southern Auto Finance Co. (SAFCO). According to a news release, S&P Global Ratings placed its ratings on 11 classes from Lendbuzz Securitization Trust (LBZZ) 2024-1, 2024-2, 2024-3, 2025-1, […] [Read More]

AutoNation offered an update on the progress of its longstanding Drive Pink initiative for 2025, noting the fundraising efforts of the company, its dealers and their employees and customers have generated more than $2 million so far this year to support pediatric cancer causes. Those efforts include a nationwide fundraising campaign for Children’s Miracle Network […] [Read More]

Dealers Auto Auction Group vice president John Swofford has been elected vice president of the National Auto Auction Association for the 2025-2026 term. Swofford, who was elected during the all-member meeting at this week’s 2025 NAAA World Remarketing Convention in Kansas City, Mo., has been part of the auto auction industry for more than three […] [Read More]

How much is it worth to be at the top of Google’s search results? According to a new study from SearchLab Digital, it’s almost $3 million annually compared to coming up in the 10th position. The digital marketing agency’s 2025 Google Business Profile Report: Auto Edition showed dealerships that rank 10th in search results would […] [Read More]

Chip Perry, founding president and CEO of Autotrader and former CEO of TrueCar, has a new role: chairman of sellmyride, a startup seeking to help dealers source inventory from private sellers. Perry and sellmyride founder and president Dom Pope join the Auto Remarketing Podcast to talk about the origin story of the company, how they […] [Read More]

The rhythm of an auto dealership is a constant, energetic hum. Sales teams work the showroom floor, service bays are filled, and the F&I department finalizes deals. But in the midst of this controlled chaos, a silent threat lurks in the back lot: hidden inventory risk. For too long, dealers have operated with a critical […] [Read More]

The recent collapse of Tricolor Holdings presents a significant opportunity for auto dealers. Tricolor’s business model was unique in that it specifically targeted the Hispanic and Spanish-speaking community. With the company’s sudden bankruptcy and subsequent liquidation, its customers are left to find alternative options. The dealers who can effectively market their ability to cater to […] [Read More]

Two Hyundai dealerships joined with the manufacturer during the past week for events to benefit charity and the local community. In Holyoke, Mass., Gary Rome Hyundai hosted a car safety seat check, providing free education and inspections for local families as part of Hyundai Motor America’s partnership with Baystate Health Foundation to expand child passenger […] [Read More]

This week, Byrider Franchising Partners announced a significant investment to modernize its proprietary Discover software platform. The buy-here, pay-here dealership franchise company said the initiative reflects Byrider’s 36-year commitment to advancing franchisee success through “resilient, efficient, and future-ready technology solutions.” Discover supports every aspect of dealership operations, from vehicle acquisition and reconditioning to sales, underwriting, […] [Read More]