ADESA has promoted two within its dealer services team. C.J. Lopez, previously major dealer accounts manager, has been promoted to director of major dealer accounts. Kjersta Loyd, formerly general sales manager of ADESA Golden Gate, has been promoted to regional dealer sales manager for the Mideast/Midwest regions. Both positions will report to Steve Dudash, vice president […] [Read More]

Used-car leasing is still a small slice of the market, according to Experian Automotive data, which indicates that used cars comprised 3.98 percent of the lease market in the first quarter. However, that’s up from a 3.90-percent share of the market in Q1 2015, which is more than a 2-percent rise, Experian said. While that’s […] [Read More]

As part of a series of senior management appointments the automaker has made in its North American organization, Nissan Canada will have a new director of dealer network development effective July 1. Appointed to the position is Ken Hearn, currently regional general manager at Nissan Canada. Hearn replaces Vincent Boerhof, who became general manager for […] [Read More]

Technology is changing the way used-vehicle buyers shop.  As such, CARPROOF set out to take a fresh look at what carries consumers from "it's time to buy" to keys in hand. The results, detailed in the newly released Into the Minds of Consumers report, shows that the path to purchase is paved with two type of […] [Read More]

SubPrime Auto Finance News has learned Dealer Funding — a finance company specializing in subprime auto financing for both franchised and independent dealerships — “has paused all new business activities as part of an evaluation of its ongoing business operations.” According to a note we obtained that Dealer Funding sent to its network of dealers […] [Read More]

Look for June to be a strong month for the retail used-car market. According to TrueCar, there may be more than 3.24 million used-vehicle sales this month, which would beat June 2015 figures by 5.5 percent. Those numbers in TrueCar’s forecast include franchised and independent dealers and sales between private parties. In the first five […] [Read More]

When dealerships, finance companies and automotive experts discuss how much better vehicles are nowadays compared to 10 or 20 years ago, it’s not just a possible sales pitch or industry rallying cry. With a South Korean badge leading the way, the J.D. Power 2016 U.S. Initial Quality Study (IQS) released on Wednesday showed that new-vehicle […] [Read More]

DRIVIN recently was recently awarded Best New Startup at the 2016 Moxie Awards, hosted by Built In Chicago. The Moxie Awards, now in its fifth year, honors Chicago’s most innovative digital tech companies and celebrated the year’s innovation, success and hard work by recognizing leaders across multiple categories within the industry. Chief executive officer Kayne […] [Read More]

Dominion Dealer Solutions announced this week that its Dominion ACCESS dealer management system is the first system of its kind to achieve General Motors’ Vehicle Invoice Service (VIS) version 2.2 integration. This software can improve inventory management support to automotive dealers, so they can know which vehicles to stock based on the available data. “Our […] [Read More]

Attendees at last week’s ACA International 2016 Convention & Expo in Denver heard first-hand from the Consumer Financial Protection Bureau about its potential regulatory moves in the collection space. Officials from ACA International, the Association of Credit and Collection Professionals, pointed out the CFPB has yet to put out a notice of proposed rulemaking regulating […] [Read More]