Following its most successful quarter ever, Carvana announced Thursday it is expanding its footprint to meet customer enthusiasm for buying vehicles completely online. The company has expanded to Texas, doubling its capacity with a new 30-acre operations center in Dallas. With the new center, the company can now offer free next-day delivery to Dallas-area customers, […] [Read More]

ADESA announced that its subsidiary, AutoVIN, has closed its acquisition of DataScan Field Services, a vehicle inspection business. “The closing of this acquisition allows us to move forward with new and improved services for our customers,” said Stephane St-Hilaire, ADESA’s president and chief executive officer. “Combining the best of what both companies have to offer […] [Read More]

Ohio attorney general Mike DeWine and 30 other state attorneys general reached a settlement this week with the three main credit reporting agencies — Equifax, Experian and TransUnion — which have agreed to make a number of changes to their business practices. Enforcement officials recapped that DeWine initiated a multistate investigation in 2012 that focused […] [Read More]

Auto Financial Group — an online provider of innovative financing products including CarMark Auto Finance for credit unions and banks — recently formed a new partnership with CU Direct, a provider of lending, automotive and strategic solutions to the credit union industry. Together, officials highlighted the two companies plan to expand their presence in the […] [Read More]

Audi Canada announced today it has a new president. Chosen for the position is Daniel Weissland, who will start in his new role on Aug. 1. The company explained Weisslan will be succeeding Wolfgang Hoffman as president, who has completed his three-year foreign assignment. Weissland is currently the sales director for Southern Europe and is based in […] [Read More]

Exeter Finance Corp. went outside of the auto finance sector to find its new chief executive officer last fall, and on Friday, the subprime operation repeated the process when choosing a new chief financial officer. Taking on the CFO role for Exeter effective June 8 is Paige Wisdom, who has served as chief enterprise risk officer […] [Read More]

Autobytel has acquired Dealix Corp. and Autotegrity, Inc. in a $25 million cash deal. The deal to acquire those two wholly owned subsidiaries of CDK Global, LLC includes a working capital adjustment, Autobytel said in a news release. Dealix is a provider of leads to dealers and OEMs, and also operates UsedCars.com. That site joins […] [Read More]

Consider all the information and power the new-car shopper has at their fingertips (or within the reach of a thumb swipe): volumes of vehicle research, tools to see the prices others are paying for their desired ride, car-buying advice and so much more. However, in a “somewhat surprising” twist to findings from DealerRaler and J.D. […] [Read More]

Just after reports of used-car deals and best lease offers for the holiday weekend came streaming in earlier this week, NADA released its own picks for top budget-friendly vehicles this Memorial Day Weekend. According to NADA Used Car Guide, a trifecta of factors are impacting the market to create some impressive deals going into the holiday […] [Read More]

Manheim Toronto has announced its year-long fundraising plan to support the Juravinski Hospital and Cancer Centre in Hamilton, Ontario. The auction’s fundraising goal — $12,500 — will be supplemented by a company match to total a $25,000 contribution to the Juravinski Centre. The total represents the average cost required to purchase all of the equipment […] [Read More]