The chief executive officers from Equifax, Enterprise Holdings, Carfax and Edmunds.com were among the business leaders with connections to the automotive industry recognized as Highest Rated CEOs for 2016 by Glassdoor, an online jobs and recruitment marketplace. The honors, bestowed upon top leaders in countries throughout North America and Europe, came as part of Glassdoor’s annual […] [Read More]

ACA International, the association of credit and collection professionals, believes that 25 years since the enactment of the Telephone Consumer Protection Act, plaintiff’s attorneys and federal regulators have manipulated the original intent of the law, transforming it from a statute that protects valuable consumer communication with businesses into a tool for frivolous lawsuits. In its […] [Read More]

Quest Resource Holding Corp. has announced what it believes to be a safe, sustainable, turnkey solution to destroy millions of recalled Takata airbags. The company’s airbag recycling program, which is being offered to more than 12,000 dealership and automotive aftermarket client locations, is designed with two goals: to prevent recalled items from being sold in […] [Read More]

May represented a best-ever daily selling rate for the certified pre-owned car business and year-to-date CPO sales have eclipsed the 1 million mark, according to Autodata Corp. Through five months, there have been 1.1 million certified sales, which is 3.6 percent ahead of last year’s pace, the firm said in its data set released Wednesday. […] [Read More]

It’s not that new-vehicle owners can’t get no satisfaction. It’s just that for the first time in years, a non-American brand has earned the distinction of most satisfying popular, non-luxury brand among new-vehicle owners. Korean manufacturer Kia claimed that honor in this year’s AutoPacific Vehicle Awards, which measures owner satisfaction with 50 attributes ranging from […] [Read More]

With the May employment report from the Bureau of Labor Statistics landing with “a thud,” according to the reaction by Comerica Bank chief economist Robert Dye, the auto finance industry likely will have to wait until later this summer at the earliest for the Federal Reserve to make a move regarding interest rates. To recap, […] [Read More]

Arkansas dealers now have their own library of standardized documents to ensure their compliance with current automotive regulations. Reynolds and Reynolds recently announced the launch of the LAW Arkansas F&I Library. Reynolds Document Services developed the library in partnership with the Arkansas Automobile Dealers Association. The library will provide Arkansas dealers access to legally reviewed […] [Read More]

Larry H. Miller Dealerships just welcomed three new stores into the family. LHM Dealerships on Tuesday announced the acquisition of three stores in Colorado, with the purchase of Cherry Creek Dodge in Denver, Fiat of Denver and Colorado Chrysler Jeep in Aurora. The dealership group owns 11 stores in Colorado after this move. “We’ve been […] [Read More]

Wholesale price trends are starting to settle into a pattern Black Book is expecting. At least that’s the view of Anil Goyal, senior vice president of automotive valuation and analytics, when this week’s Black Book Market Insights report took a look at valuation activity from the first week of June. “Weekly depreciation rates are beginning […] [Read More]

Leading into next week’s National Convention and Expo, online pre-qualified monthly payment marketing technology provider DriveItNow joined with the National Independent Automobile Dealers Association as its latest National Member Benefit partner. NIADA explained as part of Tuesday’s announcement that this product offering is designed to help independent dealers compete more effectively with franchise operations in […] [Read More]