Southeast Toyota Distributors announced this week that five dealers in its region have been honored with the 2014 National Leadership Award for outstanding performance in the Toyota Rent a Car program. A total of 56 dealers, overall, received the TRAC award. The Southeast Toyota dealers winning the award were: Toyota of South Dade – Homestead, […] [Read More]

The National Highway Traffic Safety Administration recently announced a handful of recalls of varying sizes that were originally reported to the organization toward the end of February. The largest among them includes a recall of 625,000 certain 2013-2015 model year Nissan Altimas with a possible hood latch issue and nearly 340,000 Jeep and Dodge vehicles with a […] [Read More]

RepoDepo, which for 25 years has been one of the largest suppliers of repossessed vehicles across Canada, has launched RepoDepoDirect.ca. RepoDepoDirect.ca, a national live online auction exclusively featuring quality repossessed vehicles, offers dealership used-car buyers an advanced view of RepoDepo’s full inventory, with the opportunity to purchase any vehicle displayed online ahead of availability through the […] [Read More]

Canadian automotive dealers have had it with distracted driving and are taking a stand this month. More than 430 dealerships are participating in the Auto Dealers Against Distracted Driving campaign throughout March, inspired by a countrywide campaign to increase attention and education around this behavior. According to the campaign, nearly 80 percent of collisions in […] [Read More]

FordDirect announced the promotion of three of its employees into senior-level positions. Among the advancements include the promotion of Jeff Krupp to senior vice president of OEM services, Chris Johnson to vice president of consumer acquisition, and Greg McLaurin to vice president of dealer operations. Krupp, in his most recent position as vice president of OEM […] [Read More]

In the latest regulatory claim about what finance companies might be doing wrong, the Consumer Financial Protection Bureau said this week that arbitration agreements restrict consumers’ relief for disputes with financial service providers by limiting class actions. The Consumer Bankers Association and the American Financial Services Association quickly pushed back against the CFPB’s assertions, insisting […] [Read More]

Led by the Digital Dog Auto Recovery, Intellaegis and masterQueue development teams, several industry entrepreneurs are rolling out what they contend is an effective management solution that considers the repossession process from the field operation perspective. Developers plan to showcase RepoRoute this week during the North American Repossessors Summit (NARS) in Irving, Texas. They explained […] [Read More]

InilexGPS is leveraging a new relationship with the National Cooperative Business Association CLUSA International (NCBA CLUSA) — a trade association for cooperative businesses in the United States and an international development organization — in an effort to gain more traction for use of its GPS devices, especially by credit unions. As an NCBA CLUSA associate […] [Read More]

Warren Buffett now is officially a dealer, and according to the famous investor whose net worth tops $70 billion, “the fun has just started.” Buffett’s famed company, Berkshire Hathaway, on Tuesday completed its acquisition of the Van Tuyl Group, the largest privately held dealership group in the United States. The company claimed this historic transaction, […] [Read More]

An auto dealer law firm filed a mass action lawsuit on Tuesday against TrueCar in the Federal Court for the Southern District of New York, a suit the firm says includes 117 dealerships. Bellavia Blatt & Crossett, PC, said in its statement that it is planning to file a second suit, on behalf of TrueCar-affiliated […] [Read More]