With Valentine’s Day here, research showed individuals who might be married or in an exclusive relationship and perhaps sending applications to your finance company or walking into your dealership showroom, aren’t together just because of physical attraction or engaging conversation. A January YouGuv survey of more than 1,100 adults compiled for TransUnion determined 24 percent […] [Read More]

The franchised dealership count remained steady in 2016 and almost set another record for new-vehicle sales throughput. That’s according to the 2016 year-end Automotive Franchise Activity Report from Urban Science released Monday. The 18,170 new-car dealership rooftops on Jan. 1 was up 0.5 percent from the count a year earlier (18,087).  The number of franchises […] [Read More]

Dealer Marketing Services, the makers of ProMax Unlimited, announced last week the completion of a certified integration with Autosoft DMS, a leading dealer management system provider. “Partnering with Autosoft is a positive step for ProMax and our mutual dealer customers,” ProMax chief executive officer John Palmer said in a news release. “We pride ourselves on […] [Read More]

When a shopper buys a certified pre-owned vehicle, particularly if it’s a luxury ride, it’s often seen as a way to get that consumer into the brand and potentially buy a new car down the road. In other words, a CPO buyer might be a future new-car buyer for that brand. With that in mind […] [Read More]

Full-service logistics provider Ready Logistics moved more than 194,000 vehicles in January, which was the company's best month ever.. It was a 55 percent increase compared to last January’s volume. “This surge signals a desire in the marketplace for turnkey, end-to-end logistics and transportation solutions,” Ready Logistics said in a news release.  The Cox Automotive brand can […] [Read More]

LeasePlan USA announced a new president and chief executive office on Monday, appointing former GE Fleet Services executive Jeffrey Schlesinger to the position. Schlesinger has 30 years of experience in the financial services sector, including the past eight in fleet leadership. His most recent post was senior vice president and managing director of GE Fleet […] [Read More]

Automotive and asset finance software solutions provider White Clarke Group recently released its latest publication titled, “Global Technology Report 2017: Auto Finance in the New Digital Ecosystem.” The company highlighted the report, and accompanying summary video that can be viewed here or at the top of this page, draws important conclusions from discussions between technology […] [Read More]

AutoAlert revealed  that Kansas City, Mo., will be the home of its new corporate headquarters as soon as the spring. AutoAlert hasn’t yet announced a specific office location. "The team loves the downtown location and the opportunity it provides,” AutoAlert chief executive officer Mike Dullea said in a news release. “This area is rich with […] [Read More]

Specialty auto finance company Exeter Finance Corp. announced on Monday that it appointed company veteran Brad Nall to be chief financial officer in a move that was effective Feb. 1. Nall joined Exeter in July 2012 and has more than 25 years of experience in the consumer finance industry. He has held numerous senior roles […] [Read More]

In a move executives say will benefit buy-here, pay-here dealerships and other participants in the auto finance space, Realtime Electronic Payments (REPAY), a full-service provider of advanced payment technology products and electronic transaction processing services for the consumer lending industry, has acquired Sigma Payment Solutions, which offers related services. Both companies said on Monday that […] [Read More]