Hudson Cook announced the election of three attorneys to the partnership this week. The group includes Robert Gage, Lauren Hunt and Jennifer Sarvadi. Gage helps the firm’s clients solve complex problems with practical advice on legal matters, risk management, and strategy. He focuses his practice on regulatory compliance matters related to automotive finance and privacy, […] [Read More]

Auto Remarketing received word on Friday morning that GM Remarketing manager Dan Kennedy announced his intention to retire from General Motors after nearly four decades with the OEM. According to the message Kennedy distributed, he said, “As I write this, I am looking forward to a new chapter in my life. After 39 years with […] [Read More]

Buy-here, pay-here franchise chain J.D. Byrider recently opened its fifth location in Missouri; the second one in the Show-Me State to join the network so far this year. The new location is in Rolla at 2603 N. Bishop Ave. This store is the first J.D. Byrider store for local franchise owner Lawrence West. This facility […] [Read More]

As reported by other media outlets as well as the American Financial Services Association and Hudson Cook, the U.S. Court of Appeals for the District of Columbia Circuit on Thursday granted the rehearing petition involving the case in which the initial decision reached last October called the Consumer Financial Protection Bureau “unconstitutionally structured.” Along with […] [Read More]

On Thursday, CarMax celebrated the grand opening of the company’s largest multi-purpose location on the West Coast to drive both its wholesale and retail businesses. Located in in Murrieta, Calif., the company said CarMax Murrieta will serve as a reconditioning hub that will feed inventory to several of its stores in southern California. The location […] [Read More]

The International Automotive Remarketers Alliance announced on Tuesday it has updated its new website by integrating association management software designed to improve online membership management. The software was created to manage alliance membership, improve communication within the organization, streamline online education and enhance other website functionalities, according to the alliance. “The IARA board commissioned IARA executive […] [Read More]

A record 22.8 percent of franchised dealers’ used-car sales last year were certified pre-owned vehicles, according to an Edmunds report, and there were also a record 2.6 million CPO cars sold last year. But where do certified sales go from here?  That’s not quite certain at this point, although signs would suggest there's potential for […] [Read More]

The latest TransUnion Industry Insights Report found that 80 million consumers held a vehicle lease or retail installment contract as of the close of 2016. Analysts determined the figure marked the highest level TransUnion has observed since at least the third quarter of 2009, as approximately 4.3 million additional consumers last year took out what can […] [Read More]

With an impressive 2,084 new vehicles sold in 2016, Dilawri Group of Cos. announced on Wednesday that 401 Dixie Nissan set a new all-time record for Nissan dealerships nationwide. The Mississauga store located in the Dixie Automall surpassed the previous sales record and has been recognized as the highest volume Nissan dealership two years in […] [Read More]

ALG has named the winners of its 9th annual Canadian Residual Value Awards, where the Subaru and Land Rover were awarded honors for top Mainstream Brand and Premium Brand, respectively. ALG also named 27 vehicle segment winners.  Recipients were chosen from 2017 model-year vehicles that have are forecasted to offer superior value in their segments. […] [Read More]