Cars.com has named a new chief financial officer. Moving into the role on Monday will be Becky Sheehan, who previously was executive vice president and CFO for FTD Companies. In that position, she also served as a member of the office of the chief executive officer. Her 10-year tenure there included her time directing FTD’s […] [Read More]

Endras Automotive Group announced a new chief operating officer this week. Joining the dealership group earlier this month as COO was Shawn Morris, whose background in the car business goes back more than 25 years. For most of the past decade, he has worked in general manager and vice president of operations roles for dealerships. […] [Read More]

In what the credit bureau thinks can be positive for the auto finance space, Equifax highlighted that its December 2016 Consumer Credit Impact analysis found that trended credit data used alongside a consumer’s traditional credit report could improve access to credit and/or contract terms for up to 1.5 million consumers on an annual basis. Analysts […] [Read More]

On Monday, Dilawri Group of Companies, announced the opening of Heritage Honda, expanding its franchised dealership count to 61. "We are thrilled to expand our relationship with Honda Canada Inc. with the opening of Heritage Honda," said Dilawri co-principal director Tony Dilawri in a press release. "Our success with this highly-regarded brand is a testimony […] [Read More]

Cox Automotive announced on Wednesday that it has promoted John Kovac to executive vice president and chief marketing officer and Rock Anderson Jr. to executive vice president of people strategies. Kovac a 17-year Cox veteran, took on the role of senior vice president of marketing at Cox Automotive when the division of Cox Enterprises launched in […] [Read More]

Over the Thanksgiving Holiday, my whole family got together at my sister’s house in coastal North Carolina for a multi-generational tradition: making Brunswick stew from scratch in a mammoth cast-iron pot (think witch’s cauldron).  The stew takes on a bold flavor, after more than half-dozen ingredients take on a full day of hot-coal smoke from […] [Read More]

Penske Automotive Group said Wednesday that its purchase of CarSense announced in December has officially closed. CarSense, a standalone used-car retailer whose no-haggle model focuses on late-model units. It has five stores throughout the Pittsburgh and Philadelphia metro areas, including southern New Jersey. “We are pleased to welcome the CarSense team to Penske Automotive Group, […] [Read More]

Wantalease.com reported on Wednesday that prices on most of today’s popular leases are increasing slightly entering January. However, analysts found there are 16 models still being offered for $199 monthly or less, and one unit still has a lease deal for less than $150 monthly. That’s for the Nissan Sentra SV at $139 per month. […] [Read More]

Risk management and training provider Recovery Industry Services Company (RISC) recently announced its 10th continuing education course is now available completely online with special 50-percent discount on registration. The latest course covers anti-corruption/bribery matters as well as the Americans with Disabilities Act (ADA). The material is designed to benefit professional recovery agents and recovery agency […] [Read More]

As part of its annual giving program, Sheehy Auto Stores announced on Wednesday that it donated $161,000 to 23 charities in Washington, D.C., Baltimore and Richmond, Va. Each of the company’s dealerships partnered with various non-profit organizations located in the communities they serve. "Our employees and family of dealerships do much throughout the year in donating […] [Read More]