VantageScore Solutions — developer of the VantageScore credit scoring model — recently released a white paper that found that credit score models can maintain accuracy and predictive power even if certain negative data such as tax liens, civil judgments, and medical and non-medical collections are removed from consumer credit files. The paper, “Negative Data Suppression […] [Read More]

When it comes to shopping online, consumers say Cars.com is the best automotive third-party desktop site and that Kelley Blue Book is the best mobile site, according to the J.D. Power 2017 U.S. Automotive Website Evaluation Study Cross-Device report. The study examines which current site functions and designs car buyers say is most effective when […] [Read More]

Wyatt Johnson Automotive Group recently announced the acquisition of Crown Ford in Nashville, Tenn. With this purchase, Wyatt Johnson, based in Clarksville, Tenn., added to its list of brands in the group portfolio, which already included Buick, GMC, Hyundai, Kia, Subaru, Mazda, Toyota and Volkswagen. The dealer group highlighted Crown Ford, home of “Crown Charlie,” […] [Read More]

First, the development surfaced that the Department of Justice filed an amicus brief — a legal document filed in appellate court cases by non-litigants with a strong interest in the subject matter — questioning the Consumer Financial Protection Bureau being overseen by a single director. Turns out, that stance was concurred by a collection of […] [Read More]

The car brands whose dealers currently deliver the highest-rated customer experience are Lexus, Kia, Chevrolet and Toyota, according to the findings of customer research and consulting firm Temkin Group’s seventh annual Temkin Experience Ratings report, which evaluates 331 companies across 20 industries. Temkin surveyed 10,000 U.S. consumers and evaluated their recent experiences with companies across the […] [Read More]

They may be known for cargo capacity, roominess and hauling capability, but sport utility vehicles apparently have another perk dealers can highlight: they're long-lasting.  A new study by auto research firm iSeeCars.com looked at the models where the percent of units at or above 200,000 miles is the highest.  Of the 14 models found to have at least […] [Read More]

Advanced Lending & Portfolio Services (ALPS), a division of Westlake Financial Services, tried to make it a simple process for a buy-here, pay-here operator to cash in on his way to departing the space. Earlier this week, Westlake ALPS announced the acquisition of a $14.7 million bulk auto-loam portfolio, which consisted of more than 2,230 BHPH […] [Read More]

It’s likely not unique that a Volkswagen dealership would turn a 2015 model manufactured by its parent automaker. But for the stores that have one of the roughly 12,000 diesel units now cleared by regulators to be retailed, what will be unique about those deliveries is they will be recorded as a new-vehicle sale, not […] [Read More]

Equifax auto finance leader Lou Loquasto insisted every credit provider and buyer of vehicle installment contracts has a story about how deliveries might have been completed because of some kind of fraud. Loquasto pointed out that sometimes it’s a “rogue” F&I manager or another unscrupulous member of a dealership’s staff. “I’ve got my story. My […] [Read More]

Fiat Chrysler Automobiles has a new remarketing in Canada: John Tamminga, who has been with the company for nearly nine years. Earlier this month, Auto Remarketing Canada connected with Tamminga via email to chat about the new role and the Canadian remarketing industry at large. Below is our Q&A. Auto Remarketing Canada: Tell me a […] [Read More]