Last week, PayNearMe announced an expansion of its strategic collaboration with PayPal. The companies highlighted that the expanded integration with PayPal’s full stack processing capabilities for both payments and disbursements into the PayNearMe platform can help increase reliability and expand PayNearMe’s banking partnerships. PayPal helps strengthen PayNearMe’s core banking infrastructure and makes its Smart Switch […] [Read More]

Craig Amelung has officially become president of the National Auto Auction Association for the 2024-25 term, taking office when outgoing president Eric Autenrieth passed the gavel in a ceremony during the 2024 NAAA World Remarketing Convention in Orlando, Fla. During the convention’s all-member meeting, Tommy Rogers was elected vice president. Amelung is a 32-year auto […] [Read More]

Perhaps dealers are making headway when explaining the complex safety systems of new and late-model vehicles during delivery. But new research from J.D. Power and the Insurance Institute for Highway Safety (IIHS) showed that getting consumers completely comfortable with these features still has plenty of room for improvement. First, here’s the positive movements highlighted by […] [Read More]

Chuck Redden has become the latest industry leader to join the National Auto Auction Association Hall of Fame. The CEO of AutoTec and affiliate companies Auction Insurance Agency, AutoCheck Auctions, VIN CrossCheck, Centennial Casualty Company and AuctionACCESS was inducted during the 2024 NAAA World Remarketing Convention in Orlando, Fla. The Hall, established in 1968, recognizes […] [Read More]

Carvana has reached a major milestone. The online used car retailer announced Thursday it has sold more than 2 million cars and purchased more than 2 million cars from customers since it was founded in 2013. “Carvana’s mission has always been to change the way people buy and sell cars, and we are honored to […] [Read More]

It’s been nearly 50 years since the Federal Trade Commission rolled out the Trade Regulation Rule Concerning Preservation of Consumers’ Claims and Defenses, better known in compliance circles as the Holder Rule. While much has developed in almost five decades since, FTC attorney Carole Reynolds explained that components and consumer protections associated with the Holder […] [Read More]

The National Independent Automobile Dealers Association recapped several developments on Wednesday, including its new 20 group moderator and consultant for buy-here, pay-here dealers, fundraising to help members impacted by Hurricane Helene and the successes of its 2024 Policy Conference in Washington, D.C. The newest member of the NIADA staff set to join the association on […] [Read More]

Artificial intelligence is working its way into all aspects of dealership operations, and a new integration provides another example. Impel has joined with Cox Automotive’s Xtime to bring its AI-powered customer lifecycle management technology to Xtime’s fixed operations software. In a news release, Impel said its AI continuously mines DMS records and reaches out to […] [Read More]

The National Auto Auction Association (NAAA) and the Automotive Remarketing Alliance (ARA) celebrated Steve Kapusta this week at the 2024 NAAA World Remarketing Convention in Orlando, Fla. The senior vice president of Ally Remarketing Services for SmartAuction received the Ed Bobit Industry Icon Award. Jointly created by NAAA and ARA in 2015, the annually given […] [Read More]

While its defense activities against the Federal Trade Commission are ongoing, Asbury Automotive Group claimed a legal victory in another matter. Late on Wednesday, the dealer group announced the entry of a court order directing CDK Global to provide data for four Asbury dealerships to Tekion Corp. The move is part of a pilot program […] [Read More]