AutoNation announced on Wednesday that it's begining the year by hosting a coast to coast all-day hiring event on Tuesday in 15 cities. There are thousands of sales and service positions available at all stores and service centers, according to AutoNation. Store management will be present at each city’s hiring event and offers will be extended to […] [Read More]

Nearly a year after doubling the floor plan credit line for online retailer Carvana, Ally Financial announced a new agreement with the company on Wednesday where the finance company will make up to $600 million available to Carvana during the next 12 months through financing and bulk purchases of contracts. Tim Russi, president of auto […] [Read More]

Dominion Dealer Solutions announced on Tuesday that its full-featured dealer management system, Dominion ACCESS has integrated with FCA USA’s wiADVISOR, a device powered by Dealer-FX. “We are pleased to be the pilot DMS for Dealer-FX’s new API. It will give our Chrysler dealers the service write-up tools they need to maximize every opportunity on the […] [Read More]

Auction Academy, a continuing education program developed by TPC Management Co. for professionals in the auto auction industry, reports that it closed the year graduating its fourth class, and hosting the last session of its recently expanded annual Seminar Series. “In planning both our two-year Program and the shorter focused Seminar Series, we continue to cover topics that […] [Read More]

TradeRev, a mobile appraisal and auctioning app for dealers, opened its U.S. headquarters in Carmel, Ind., on Tuesday. The company, which is part of KAR Auction Services, has been expanding globally but wanted a “centralized headquarters” for its U.S. operations. “We are officially planting our roots in the U.S. with our new headquarters office that […] [Read More]

The challenges facing franchised dealers these days are as big as they are diverse. Regulatory pressure from Washington, D.C. A vehicle recall process that can be frustratingly sluggish. Technological changes that impact the retail model, vehicle ownership and the vehicles themselves. But if there’s one thing dealers have in their arsenal it’s this: resiliency. That […] [Read More]

Edmunds opened the first major business day of 2017 by debuting a refreshed logo and what the company described as a “completely reinvented online experience.” Officials said this launch marks the most dramatic change Edmunds has ever made to its site design, and the first time it has changed its logo this century. The company is […] [Read More]

In December, Carvana partnered with two credit unions, Georgia’s Associated Credit Union and LGE Community Credit Union, to offer their several thousand members a streamlined car buying process which allows them to receive pre-approval for financing a Carvana vehicle. "We're always looking for new and innovative services for our members that provide value and convenience. […] [Read More]

I’ve been in this journalism racket for 11 years now, nine of which has been spent covering the auto industry. But I’m not sure I have seen a year quite like this past one.  There is a certain routine to my job (and for most any journalist in the car business): sales/earnings calls happen every […] [Read More]

With the staff at SubPrime Auto Finance News fresh for 2017, we gathered up some noteworthy announcements that arrived while we celebrated the close of a great year with family and friends. Among some of the highlights that came during the past few days included an update on defaults, an acquisition by RouteOne and TransUnion […] [Read More]