In the latest development surrounding the remarketing industry’s multiplatform system initiative (MPS), Manheim and several other industry participants filed a request Thursday morning with the U.S. Department of Justice. The filing, Manheim said in its announcement, requests confirmation from DOJ that MPS complies with antitrust laws. Beyond Manheim, industry participants include: — Independent digital auction […] [Read More]

With now being the heart of tax season — for buy-here, pay-here dealers to move metal as well as complete business filings with the IRS — AutoStar Solutions offered five accounting practices operators should implement if they haven’t already. Senior business analyst Steve Hall shared what he called a “realistic game plan” for BHPH operators […] [Read More]

Brasher’s Sacramento Auto Auction announced it is “rolling out the red carpet” for its 37th Anniversary Celebration on March 23 and March 24. The event festivities will include a customer dinner, live entertainment and two days of auctions featuring 3,000 vehicles. The anniversary event will begin with “Brasher’s Live!” when the auction will entertain customers […] [Read More]

In what should be music to the ears of franchised store principles and industry leaders, a new study orchestrated by the Phoenix Center highlighted how much consumers benefit from the dealership system currently in place. The study found consumers significantly benefit from "intrabrand" price competition for new vehicles — often in the hundreds of dollars […] [Read More]

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]