TransUnion’s data shows credit union auto loan origination volume grew at a rate more than double the pace of the entire industry. Findings from a survey of 90 credit union executives TransUnion released this week also highlighted these institutions’ appetite for auto paper certainly isn’t waning; it's perhaps even becoming greater. TransUnion’s survey revealed that […] [Read More]

Santander Consumer USA Holdings evidently isn’t rattled by the Consumer Financial Protection Bureau turning over allegations to the Department of Justice about how the finance company conducts its business. SCUSA shared details about the pair of allegations the CFPB made as part its regulatory filing with the Securities and Exchange Commission posted earlier this week. […] [Read More]

NextGear Capital chief technology officer Bryan Everly recently was named CTO of the Year by the Indianapolis Business Journal and TechPoint, while Peter Kelly of KAR Auction Services was among the finalists. The company highlighted Everly, who took home the award in the Private Companies Over $100 Million Revenue category, was awarded this distinction for his […] [Read More]

Vehicle service contract provider AUL Corp. recently launched an upgrade to its Web system for its agents, dealers and repair facilities — an E-Claims portal. Through the AUL website, repair facilities can access E-Claims and submit claims quickly and easily 24/7. During AUL business hours, officials indicated claims are routed directly into a queue for […] [Read More]

As used-vehicle prices fell by 2.2 percent last month from June rates, according to NADA Used Car Guide data, auction volume was on the way down as well. According to NADA UCG’s latest Guidelines report, auction volume of models up to 8 years old reached nearly 310,000 units in July. This marked a 6-percent decline from […] [Read More]

It was an exciting seven days for our conference team here at Cherokee Media Group. In the same week that we and the National Independent Automobile Dealers Association announced that NIADA is joining Used Car Week as one of its industry partners, a quintet of new sponsors (including NIADA) signed on to Used Car Week. […] [Read More]

CarProof Corp. announced today it has hired a new manager of national strategic accounts. Chosen for the position is Richard Pasta, who was most recently manager of national fleet sales, CPO and remarketing at Kia Motors Canada — a position he had held since 2008. In Pasta’s new role at CarProof, the company shared he […] [Read More]

The countdown is on for the 2015 Calgary Dealer Talk conference, which will focus on topics ranging from marketing to sales, best practices and more. After three successful years in Toronto, the half-day event — powered by Kijiji Autos and presented by CarProof — is heading to Calgary, Alberta for the first time this year. […] [Read More]

Vehicle sales may have been waning in recent months in Alberta, due in part to the steep drop in the oil prices that fuel the region, but that’s not stopping AutoCanada from looking at expansion opportunities in the region. Canada’s largest public auto group hosted its second quarter financial conference call last week, and the company’s […] [Read More]

Dealer chat and website engagement provider Gubagoo announced Wednesday a strategic partnership with Zimmerman Advertising. Rick Friedman, the executive vice president of automotive at Zimmerman, summed up the strategy. “This strategic partnership with Gubagoo is a key capability to our retail automotive division’s exclusive integrated media messaging strategy,” Friedman said. “Gubagoo’s desktop and mobile chat […] [Read More]