A positive jolt for iA Dealer Services came on Wednesday. The business unit of iA Financial Group announced a new partnership with VinFast Canada, marking the company’s first collaboration with a pure-play electric vehicle manufacturer and an important milestone in the evolution of its OEM portfolio. Under the agreement, VinFast customers will initially have access […] [Read More]

Sutherlin Automotive Group has acquired the top Kia dealership in Orange County, Calif.: Car Pros Kia Huntington Beach. The sale was announced by Kerrigan Advisors, which advised the seller, Car Pros Automotive Group, in the transaction. In addition to being the automaker’s No. 1 store in Orange County last year, Car Pros Huntington Beach was […] [Read More]

Super Dispatch and ACV Transportation expanded their partnership on Wednesday in a move meant to give auto transport carriers more flexibility in how they manage vehicle shipments. According to a news release, carriers can now choose to manage loads via ACV Transportation directly within Super Dispatch, eliminating duplicate data entry while allowing ACV and its […] [Read More]

Law firms are often key cogs in mergers and acquisitions coming to fruition. In this case, law firms are the ones making the transaction. In what leadership called “a natural fit,” Weltman, Weinberg & Reis Co. on Wednesday announced the acquisition of Nathan & Nathan, a law firm founded in 1992 by John Nathan. The […] [Read More]

DataOceans, a provider of customer communications solutions for regulated industries, explained that proposed regulation from the U.S. Securities and Exchange Commission (SEC) could impact more than just the investment community, but perhaps auto lenders and other firms involved in financial services, as well. Earlier this summer, the SEC proposed Regulation E-Delivery, a new rule that […] [Read More]

A former data scientist at the Federal Reserve Bank of Chicago has launched a new project aimed at changing how credit scoring is done in a world with artificial intelligence and machine learning. Chris Lam is the founder and CEO of Epistamai, an AI startup doing research on algorithmic bias in credit underwriting. Lam also […] [Read More]

PCMI, a provider of cloud-based administration software for F&I products and service contract programs, last week announced that Elizabeth Hern has joined the company as vice president of customer success. According to a news release, Hern will lead PCMI’s Customer Success organization, overseeing onboarding, adoption, retention, advocacy, and customer success initiatives designed to help customers […] [Read More]

Ford had the most used-vehicle sales of any brand from July 10-Aug. 9 and its F-150 was the top-selling used vehicle in the industry. The Blue Oval also swept the top three spots of best-selling 7- to 11-year-old vehicles and best-selling vehicles 12 years and older. But among late-model vehicles, there was a different king […] [Read More]

After making changes to top leadership earlier this summer — including its CEO as well as its president — Copart announced on Tuesday that David Berger has joined its board of directors in a move that was effective last Thursday. According to a company news release, Berger currently serves as a senior partner of Wilson Sonsini […] [Read More]

Dealerships nationwide now can use the capabilities of VIPER from ACV Auctions. For example, like how they’re boosting the service drive at Plaza Auto Mall. “VIPER has fundamentally changed how we approach our service lane,” said Rob Patel, who is director of variable and internal fixed operations at Plaza Auto Mall, which has Honda, Toyota, […] [Read More]