Search Results
STAR rolls out multiple updates to Dealer Infrastructure Guidelines
Friday, May. 2, 2025, 02:36 PM
Auto Remarketing Staff
Within days of electing its 2025 board of directors and officers, Standards for Technology in Automotive Retail (STAR) announced that it has released multiple updates to its existing Dealer Infrastructure Guidelines (DIG) for retail automotive. The organization highlighted the current DIG focuses on better definitions, business continuity and data management. The group mentioned it’s also […] [Read More]
Agora Data president & COO among Dallas Business Journal’s 2025 40 Under 40 for fintech innovation
Friday, May. 2, 2025, 09:46 AM
SubPrime Auto Finance News Staff
Matt Burke is one of the best among his peers in Dallas. The president and COO of Agora Data has been named to the Dallas Business Journal’s 2025 40 Under 40 list for his transformative leadership and contributions to the consumer finance industry. Now in its 19th year, that 40 Under 40 program recognizes top […] [Read More]
Proposed FTC order spells out what not to do in collections
Friday, May. 2, 2025, 09:46 AM
SubPrime Auto Finance News Staff
A proposed order detailed by the Federal Trade Commission this week gave auto finance companies clear bullet points of what not to do when it comes to their collections activities. In developments outside of automotive, the FTC alleged that Global Circulation, Inc. (GCI) and its owner, Kenneth Redon III, threatened consumers with jail time, lawsuits, […] [Read More]
Dealer news: Hendrick adds new brand to its portfolio; Rick Case donations drive Nation of Lifesavers CPR campaign
Thursday, May. 1, 2025, 01:52 PM
Auto Remarketing Staff
One might think Hendrick Automotive Group, which claims to be the nation’s largest privately held auto retail organization with 134 franchises at 97 locations across the nation, might already have every vehicle brand covered. But there was room for one more. The dealership group has added its 26th brand with the opening of Hendrick INEOS […] [Read More]
House passes resolution to repeal California gas vehicle ban
Thursday, May. 1, 2025, 01:29 PM
Auto Remarketing Staff
Industry associations got the result they wanted on Thursday as the U.S. House voted 246-164 in favor of H.J. Res. 88 to reverse the Environmental Protection Agency’s approval of a waiver to California and 11 other states to ban the sale of gas-powered vehicles by 2035. After 35 Democrats — including a pair from California […] [Read More]
NIADA to host Theismann at this year’s convention
Thursday, May. 1, 2025, 11:37 AM
BHPH Report Staff
Especially for independent dealers who watched professional football on television during the 1980s and 1990s, it’s highly likely that Joe Theismann appeared on their screens either as a player or broadcaster. Operators now have the chance to see Theismann in person, as the National Independent Automobile Dealers Association revealed on Wednesday that the Super Bowl […] [Read More]
CreditGauge reveals some stability in subprime auto finance & overall credit market
Thursday, May. 1, 2025, 11:37 AM
SubPrime Auto Finance News Staff
While overall consumer credit balances remained largely stable, the March edition of CreditGauge from VantageScore offered deeper insight into the subprime credit tier and auto financing. When looking only at subprime consumers — what VantageScore pegs as individuals with scores between 300 and 600 — analysts found that the number of newly opened accounts that […] [Read More]
CBB reports note tariff impacts on Canadian used-car market
Thursday, May. 1, 2025, 10:19 AM
Auto Remarketing Canada Staff
The 25% U.S. tariff on imported vehicles and Canadian reprisals weren’t in place in March. But the threat of those tariffs and the expectations of consumers, automakers and dealers were already making a tangible impact on the Canadian used-car market — an impact noted in the latest reports from Canadian Black Book. To begin with, […] [Read More]
Wholesale Express launches new brand identity, Ontario expansion
Thursday, May. 1, 2025, 10:16 AM
Auto Remarketing Canada Staff
Wholesale Express has a new look. The Canadian B2B digital marketplace specializing in vehicle auctions has launched a new brand identity, which the company said marks “a major milestone” in its evolution. In a news release, Wholesale Express said it’s modernizing its image with a new brand look and feel, a redesigned website and a […] [Read More]
ADESA Clear digital auction platform expands to 45-plus locations
Wednesday, Apr. 30, 2025, 04:09 PM
Auto Remarketing Staff
ADESA Clear, the digital wholesale auction product of Carvana’s auto auction subsidiary, has expanded in a big way. The platform launched in late 2023 and grew regionally last year and the early months of 2025. And now it includes vehicles sold from more than 45 ADESA auto auction locations and Carvana inspection and reconditioning centers. […] [Read More]
X