Much of the CEO panel discussion during the Vehicle Finance Conference hosted by the American Financial Services Association revolved around underwriting, originations, compliance and other matters associated with a finalized retail installment contract needed for delivery at the dealership. However, moderator Charlie Vogelheim, who is the host at Motor Trend Audio and a partner at TPC […] [Read More]

OpenRoad Auto Group — one of the province’s largest dealership groups with more than 900 associates representing 15 brands at 19 full-service dealerships — is expanding once again. But this time, it’s in the United States. On Friday, OpenRoad announced the acquisition of an established luxury dealership in Bellevue, Wash., that represents some of the […] [Read More]

On Friday, Holman Automotive announced former BMW executive, Pete Witt has joined the company as Northeast platform vice president. Witt most recently served as executive vice president of operations for BMW North of America where he worked for 17 years prior to joining Holman Automotive. In Witt’s new role, he will be responsible for the […] [Read More]

When marketing a product, understand your audience. Blend in some social media. Sounds simple enough, right? But when you’re dropping $5 million on a 30-second Super Bowl ad — which Experian points out is the going rate this year — that simple strategy becomes a tad more important. “Because this is one of the most sought-after advertising […] [Read More]

Pearl Technology Holdings announced Wednesday that it integrated its ShowroomXpress platform with RouteOne to offer consumers a streamlined online and in-store retail experience. ShowroomXpress now gives dealers the tools to contract customers on mobile devices and websites through RouteOne’s online credit application and eContracting platform. The newly integrated technologies allow consumers to complete a purchase online, […] [Read More]

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Compliance experts and industry advocates have been trying to project what might happen to the Consumer Financial Protection Bureau since President Trump was elected back in November. Two developments arrived this week that perhaps might give auto finance companies and other service providers a bit more clarity. First, U.S. Senator Deb Fischer, a Nebraska Republican, […] [Read More]

Larry H. Miller Dealerships announced it acquired Corona Nissan in Corona, Calif. on Wednesday, which marks the dealership group’s second store in the state. “We have several Nissan stores in the group that consistently perform well. Strategically, this store is a great fit with our organization,” Larry H. Miller Dealerships president Dean Fitzpatrick said in […] [Read More]

Repossession and skip-tracing services provider Loss Prevention Services (LPS) announced on Thursday that the company has chosen MBSi Corp. as its assignment and compliance management solution. Throughout the year, LPS said it will transition its assignment management platform to Recovery Connect (RC), MBSi’s next generation assignment platform.  In addition to adopting Recovery Connect, LPS also […] [Read More]

From dealers and entrepreneurs, to auction executives and auto lending professionals — and everywhere in between — the Canadian auto industry is full of young men and women who have achieved massive success at an early age. That’s why for the third consecutive year, Auto Remarketing Canada is honoring “Remarketing’s Under 40.” And we are […] [Read More]