Intellaegis president John Lewis cautioned the repossession industry about a new law that went into effect at the beginning of the year in California regarding the use of data collected by using license plate recognition technology. Lewis explained the new law in the Golden State — one that could be coming elsewhere — requires any […] [Read More]

Consumers, creditors and the economy as a whole benefit from the existence of the professional debt collection industry, according to the newest white paper from ACA International. Organization officials highlighted the white paper titled, “The Role of Third-Party Debt Collection in the U.S. Economy,” explores the industry’s role in the U.S. economy, focusing on how […] [Read More]

A variety of factors made this December the ideal time to launch a certified pre-owned program for Canada’s Mitsubishi Motors. That’s according to the new program’s management. Charles Plewes, lease manager at Mitsubishi Motor Sales of Canada Inc., told Auto Remarketing Canada, “Our dealers are good used-car dealers, but all dealers can use additional tools.” […] [Read More]

The man behind Sonic Automotive and Speedway Motorsports, O. Bruton Smith, was inducted into the NASCAR Hall of Fame on Saturday, recognized for his decades of dedication to the motorsports world. Smith is currently the executive chairman and director at Sonic Automotive, based in Charlotte, N.C. He founded Speedway Motorsports Inc. (SMI) in 1994, which […] [Read More]

Barrett-Jackson announced a five-year renewal of its on-site collector car insurance program. Officials recapped Barrett-Jackson Endorsed Collector Car Insurance was introduced in 2009 in collaboration with the private client group division of American International Group Inc., (AIG), and is serviced by TDC Risk Management, an independent insurance agency. Barrett-Jackson highlighted that auto enthusiasts across the country […] [Read More]

Just before the huge blizzard hit New York City and other major areas along the East Coast this past weekend, the Greater New York Automobile Dealers Association coordinated an effort to deliver more than 6,000 winter coats as part of the New York Cares Winter Coat Drive. This past Thursday prior to when close to […] [Read More]

The impact of millennials on the auto market in coming years is a widely disputed topic — some say the demographic couldn’t care less about cars, while others emphasize that millennials view their vehicles as an extension of their personality and won’t stop purchasing cars anytime soon. The jury is still out. However, one recent study […] [Read More]

National Automobile Dealers Association chief economist Steven Szakaly pinpointed what he believes are the two key factors that will sustain the new-vehicle sales momentum in 2016. During a recent NADA-TV interview, Szakaly explained the elements that should help new metal roll over the curb are low gasoline prices and rising incentives. “This year, we’ll start […] [Read More]

A new, pre-IPO car manufacturer that looks to compete with automakers such as Tesla Motors has hired two new executives. Mullen Technologies Inc. has promoted Paul Saluzzi as its new chief operating officer, and Gary Rosenzweig as executive vice president. The new California-based electric vehicle manufacturer and distributor aims to provide a variety of affordable electric […] [Read More]

The Ontario Motor Vehicle Industry Council announced today that the Ontario Superior Court of Justice overturned a decision made by the Licence Appeal Tribunal (LAT) that ordered OMVIC to issue a dealer license to a convicted arsonist. Here’s the timeline of events. In May of 2014, Robert Vernon, a dealership owner in New York, applied […] [Read More]