The new top boss at NextGear Capital is one familiar with the organization. Cox Automotive on Thursday announced that Shane O’Dell has been named president of Financial Solutions. As president, O’Dell will oversee NextGear Capital, which services more than 23,000 dealers across North America, the United Kingdom and Ireland. O’Dell will report to Mark O’Neil, […] [Read More]

For Peter Grupposo, professional fulfillment comes from being part of what he calls a dynamic ecosystem. “Although my entry into the automotive industry was not strategically planned, once I became part of it, I became passionate about its people, complexity and opportunity,” he said. “I’m thrilled that players range from single-store independent dealerships to large, […] [Read More]

As president of Dallas Pre-Owned Auto Group, Ray Chorfi is responsible for the purchase and remarketing of vehicles nationwide, while also having a hand in the company’s digital and online presence. Despite being the boss, he never forgets his roots. “I am proud of my humble beginnings from a one-man operation to the current team […] [Read More]

Growing up, Scott Chesrown spent Saturdays roaming around his father’s dealership. Today, the chief revenue officer for Vroom has a front-row seat to what he describes as the evolution of the auto industry. “When we started the company, we never would have guessed that at this point in the company’s history, we would have achieved […] [Read More]

Julie Derybowski is not one to shy away from a challenge. “Throughout my career I have been given challenging tasks to make the vehicle remarketing process faster, easier and more profitable. Although these assignments have been weighing, I am proud that top industry leaders entrusted me with these important responsibilities,” she said. “After tackling and […] [Read More]

Having earned a degree in digital media and graphic design, Brent Chavez got an opportunity to put his education to work, landing a contract gig doing branding work for an Arizona car dealer. Turns out, that was more than just a one-time job. “Throughout that process, I got to know the owner of the dealership, […] [Read More]

The National Automotive Finance Association and the American Financial Services Association on Thursday announced the availability and launch of the 2016 Non-Prime Automotive Finance Survey. For 20 years the NAF Association has produced a report of the nonprime auto financing market.  NAF Association leaders partnered with AFSA for the second year to conduct the broadest […] [Read More]

Holly Callan grew up across the street from Corry Auto Dealers Exchange in Corry, Pa., but it wasn’t until a few years ago that she began working for the auction. And now, she finds the auction business to be “such a significant part of my life.” Callan is the commercial account manager for both CADE […] [Read More]

Some consumers are being overcharged when they buy a vehicle, according to the Ontario Motor Vehicle Industry Council. “Since 2010, all-in price advertising has been the law in this province,” explained Terry O’Keefe, director of communications and education for OMVIC. “Unfortunately, our research shows that a small minority of car dealers continue to add hidden […] [Read More]

According to the Dealertrack's monthly Tradetracker Used Vehicle Market Report, The Ford F-150 and the Toyota Corolla remained the top two most-appraised vehicles in Canada in August, as has been the case year-to-date. Rounding out the top five in August were the Mazda3, the Ford Escape and the Honda Civic sedan. The latter three models were […] [Read More]