Heritage Acceptance hopes to increase its financing efficiency and speed by teaming up with defi SOLUTIONS. The subprime finance company announced recently that it is now utilizing the defi SOLUTIONS loan origin system (LOS), after going live with the solution on June 4. The company hopes this move will translate into a better experience for […] [Read More]

Tom Stewart of Stewart Enterprises and Richard Curtis of RW Curtis Consulting announced they have combined their companies to create one new service organization. The new organization is called Auction Management Solutions (AMS), a firm the pair says is designed to provide comprehensive consulting services to the automotive industry that include independent auto auctions, service […] [Read More]

Before the 2016 NIADA Convention and Expo had begun, it was already a record-breaker. Now that the final numbers are in, the extent by which that record was broken is clear – and the National Independent Automobile Dealers Association says it’s impressive. Officials highlighted on Thursday that NIADA’s 70th annual gathering, held earlier this month […] [Read More]

Copart has announced an expansion of its Orlando auction location.  “We are excited to expand our existing Orlando location in order to accommodate our growth,” chief executive officer Jay Adair said in a news release. Online auctions for Copart Orlando happen at 10 a.m. Thursdays. The Copart Orlando team invites the community to come by, […] [Read More]

Manheim has appointed two new general managers. Emily Decker will serve as GM of Manheim Indianapolis, while David Aguilar will have that role with Manheim El Paso. Decker, a 20-year veteran of Manheim, started as a dealer registration administrator and took on various roles with increasing responsibility at Manheim’s Tampa, St. Petersburg and Lakeland Locations. […] [Read More]

On Tuesday, I watched live as Donald Trump, presumptive Republican nominee for president, gave a fiery speech laying out his trade agenda. He spoke at an aluminum plant in western Pennsylvania, where his colorful take on the international marketplace (“NAFTA was the worst trade deal in history”) was well-received. Many aspects of Trump’s unconventional candidacy […] [Read More]

The National Highway Traffic Safety Administrated shared an urgent message on Thursday that applies to dealerships who might have older Honda and Acura vehicles in their inventories or auctions who might be sending these units across the blocks. NHTSA officials said new test data on a particular subset of defective Takata air bag inflators in […] [Read More]

An important number that the nation’s auto dealers should know is 2663. NADA’s battle to tame the Consumer Financial Protection Bureau continues and Senate bill S. 2663 is the next chapter. This bill, entitled, “Reforming CFPB Indirect Auto Financing Guidance Act,” is identical to last year’s House bill — H.R. 1737 —which passed the House […] [Read More]

Roadster will be making its e-commerce platform available to dealers as a white-labeled solution, the company said Thursday. Through the platform, called Express Storefront, dealers will be able to put the entire car-buying process online, “from merchandising through home delivery,” Roadster said. It will initially be available just for new cars, but Roadster plans to […] [Read More]

Officials highlighted on Wednesday that CDK Used Lot Intelligence now will offer live auction capability for dealers as part of a new relationship with TradeRev, a mobile vehicle appraisal and auctioning system for dealers. The companies explained the new integration can enable dealers to efficiently and effectively receive instant, live bids at the point of […] [Read More]