Russ Darrow Jr., the founder of the Russ Darrow Group, was recently inducted into the Wisconsin Business Hall of Fame. The ceremony, which took place at The Pfister Hotel in Milwaukee on April 16, benefited the Junior Achievement of Wisconsin and marked the 25th anniversary of the Hall of Fame. One hundred past laureates were […] [Read More]

When it comes to selling cars today, social media plays a large role in consumer engagement, especially for the millennial generation, which tends to rely much more on referrals and suggestions from friends and family. And it when it comes to meeting customer where they are, BMW and Ford stand out from the pack in Canada. […] [Read More]

Peer-to-peer vehicle marketplace Beepi will now offer its service in the state of Texas. The platform will make its market launch in Austin and Dallas, providing residents with access to local inventory, vehicle inspectors and customer service resources. Beepi plans to continue its expansion in Texas in the future by soon adding Houston and San Antonio […] [Read More]

The NADA Used Car Guide announced today that it has launched its all-new website, which includes new features for dealers, lenders, tax assessors and researchers.       “We outlined several big plans for ourselves at the beginning of the year to better serve our customers and attract new business,” said Mike Stanton, the company’s president […] [Read More]

Charlie Wise acknowledged banks, credit unions and finance companies kept coming to him and his TransUnion colleagues asking about the risks associated with consumers — particularly millennials — holding student loan debt. The volume of inquiries prompted TransUnion to examine the issue, and the project findings are “good news” for the auto finance market, according […] [Read More]

In an effort to enhance the capabilities of underwriting departments, FICO recently announced the general availability of industry-specific versions of FICO Score 9 for U.S. auto finance companies and credit card issuers. The industry versions of FICO Score 9 are available from all three major U.S. credit reporting agencies. “The industry versions of FICO Score […] [Read More]

TechPoint, Indiana’s technology growth initiative, recognized NextGear Capital as one of the state’s technology success stories during its annual Mira Awards gala on May 2. Now in its 16th year, the Mira Awards celebrate the most innovative and successful technology companies in Indiana, as well as entrepreneurs and educators. NextGear Capital took home the IT […] [Read More]

Manheim announced Tuesday that it has promoted one of its employees to the position of general manager at Manheim Nevada. Continuing his seven-year run with Manheim and filling the GM position is Eddie Lafferty, who joins the Nevada location from his previous post at Manheim Seattle, where he served as assistant general manager since 2012. […] [Read More]

As seasonal strength wanes, trends seen throughout 2014 in the auction lanes are showing up once again. That is, truck values remain stable as car prices are starting to slide, as we approach the summer sales slowdown. In the latest Black Book Market Insights Report, analysts reported that a growing number of car segments are […] [Read More]

Auto/Mate Dealership Systems announced Monday that Lead Information Systems has integrated its customer relations management and Internet lead management software with the former’s dealership management system. Dealers who utilize the systems from both companies will benefit from seamless correspondence between the solutions. “We are proud to add LIS to our Open/Mate partners list so we […] [Read More]