Location Services, an Indianapolis-based forwarding company in the servicing segment of automotive, said Tuesday it has acquired Strategic Remarketing Solutions, which is a forwarding and remarketing company. In a news release, Location Services CEO Jerry Kroshus said, “We are thrilled to have the SRS team join our organization. SRS’s penetration into the regional bank and […] [Read More]

Reynolds and Reynolds is going big for the auto retail industry’s biggest event. The dealership software provider announced its plans for the National Automobile Dealers Association’s NADA Show, coming up Jan. 23-26 in New Orleans, including multiple product launches and its largest expo presence to date. Among the tech tools to be unveiled at NADA […] [Read More]

Approval Genie has launched a new program to help Canadians in need keep their vehicles. In a news release, the auto finance company called its PaymentAssist Program “a bold move to further its commitment to empowering Canadians.” The initiative is designed to offer direct financial assistance to clients struggling to meet their car payments. If […] [Read More]

Perhaps this proposal from the Consumer Financial Protection Bureau (CFPB) is an idea that everyone can support. The bureau on Tuesday proposed a rule that it said will rein in data brokers that sell Americans’ sensitive personal and financial information. Officials explained the proposed rule would limit the sale of personal identifiers like Social Security […] [Read More]

National Lenders General Agency announced on Tuesday that it now has designation as a licensed risk management agency in Texas, marking a significant step forward in the company’s mission to meet the evolving needs of buy-here, pay-here dealers and independent auto finance companies. National Lenders now can provide CPI and risk management advisory services tailored […] [Read More]

Centennial College is amping up its auto technician training program’s emphasis on electric vehicles. Students starting the Centennial College School of Transportation’s Automotive-Motive Power Technician program will now be required to complete EV/hybrid courses as part of their training. In a news release, the Toronto-based college said the new requirement, which took effect for the […] [Read More]

IAA’s global operation, which serves more than 170 nations, is adding one more. IAA’s parent company, RB Global, announced the digital marketplace has entered into a market alliance with North America Trading in the Middle Eastern country of Oman. “North America Trading has an excellent reputation and team located in Oman who will help IAA […] [Read More]

It’s that time of year again — time to hit the road. During the holiday season, American cars rack up more miles than Santa’s sleigh. But according to CARFAX estimates, too many of those vehicles are not up to date on their maintenance, with almost 20% of cars on the road behind on oil changes […] [Read More]

With a round of seed funding announced Monday, EvenFlow AI might be given to fly. The company, which provides artificial intelligence-powered tools to help dealership service departments increase capacity and optimize revenue, said in a release the $1.5 million round was led by Automotive Ventures and FM Capital. EvenFlow AI anticipates the funding will yield […] [Read More]

The taste of giving is sweet. Especially when you’re giving pie. Rick Case Automotive Group president and CEO Rita Case and Broward Health president and CEO Shane Strum served pumpkin and apple pie to Broward Health staff during Thanksgiving week to celebrate the dealership group’s recent donations to the South Florida healthcare system. Over the […] [Read More]