This week, mobile collections and payments app provider Payix announced that Priscilla Zarate has joined the company’s executive team as its finance & accounting leader. In this role, Zarate will serve as the firm’s controller and lead the financial planning, accounting and payment processing functions, reporting directly to Payix president Chris Chestnut. Zarate has worked […] [Read More]

During this week’s National Conference hosted by the National Alliance of Buy-Here, Pay-Here Dealers, Spireon mingled with hundreds of dealers and rolled out the latest version of its GoldStar GPS solution, offering dealers and finance companies that specialize in deep subprime underwriting what the provider says is an easy and efficient approach to mitigate risk […] [Read More]

The National Auto Auction Association said Wednesday that its campaign with the Massachusetts Independent Automobile Dealers Association to raise $100,000 for the victims of the fatal crash at Lynnway Auto Auction earlier this month has almost reached its goal.    NAAA, which said $76,775 has been raised so far, urged people to make donations. The […] [Read More]

Insurance Auto Auctions recently announced the expansion of both its Savannah and Tifton facilities in Georgia, two of its seven locations in the state. "The Savannah and Tifton expansions advance our pace of proactive operational growth in this important marketplace to better serve our loyal base of buyers and sellers," IAA chief executive officer and […] [Read More]

In yet another major purchase officially announced Wednesday, Experian Automotive confirmed in a blog post by its president that it has acquired String Automotive. The purchase was first reported by The Banks Report earlier this week. “Today is a great day for Experian and our automotive clients,” Experian Automotive president John Gray said in a blog post […] [Read More]

Motormindz has announced that Jim O'Sullivan, former president and chief executive officer of Mazda North America Operations, will join the company as a managing partner.      “We are elated to have Jim join the motormindz team and the timing could not be better,” motormindz founder and chief executive officer Jeff Van Dongen said. “He further strengthens […] [Read More]

Since adding Kelley Blue Book to its list of data providers, PERQ said the addition has increased the number of trade-in leads generated by PERQ’s FATWIN Web Engagement platform for its dealer customers by up to 300 percent. The integration of Kelley Blue Book’s data with FATWIN provides online visitors both increased confidence in the […] [Read More]

Carvana has expanded its footprint to include South Carolina, adding the Columbia and Greenville markets on Wednesday. Customers in these markets can choose to have their purchase delivered to their home or pick it up at one of Carvana’s five “Car Vending Machines.” The Carvana “Fly and Drive” program subsidizes $200 in airfare for the […] [Read More]

The owner of a South Dakota auction dubbed the “classic car graveyard” is currently selling his 40-plus-year-old collection of over 300 collector vehicles from the 1920s to 1990s. Kerry Droog, owner of K&K Auto and the son of an auctioneer, has been buying from auctions and picking out finds from local farms for most of […] [Read More]

CDK Global announced Wednesday morning that it has signed a deal to acquire Auto/Mate Dealership Systems, a DMS provider. CDK said in a news release it will integrate the Auto/Mate DMS into its product offering. Each of the company’s boards has approved the deal, which is subject to customary closing requirements and regulatory approval. The […] [Read More]