In 2012, Colin Li moved to Newark, N.J., from Hangzhou, China to study computer science with a career of goal of landing a computer programmer job with the likes of Microsoft or Google. Today, Li holds a master’s degree in computer science from the New Jersey Institute of Technology and is currently pursuing an MBA at New York University on a part-time basis. But his career path took a sharp turn ... [Read More]

Dalton Motors operates 50 auto dealerships in Mexico and three in the United States. But if you ask the company’s CEO Juan Carlos Rodriguez Villava about the Mexico dealerships, he will tell you he likes to think of his company in different terms. He elaborated on that as he talked about winning the International Dealer Group of the Year award, presented by Mach10 Automotive. The dealer group will be recognized at Used Car Week later this month. “We like the name, ‘international,’ but we like more the name North America,” said Villava, who works out of the company’s dealership group in National City in southwestern San Diego County, Calif. “I was born and raised proudly in Mexico, schooled here in the U.S., also have some school in Canada, so I personally feel like there’s no better region in the world than North America, for those three countries as a region.” He continues on that theme when asked to ... [Read More]

Delaware-based Winner Automotive Group added to its holdings in its home state with the acquisition of Diver Chevrolet in Wilmington from the Diver family. The dealership, now called Winner Chevrolet, becomes Winner’s sixth location in Delaware, joining Audi, Ford, Hyundai, Subaru and Volkswagen stores. Winner also operates Ford, Jaguar, Land Rover, Volvo, Porsche, Bentley, MG, […] [Read More]

It’s been a busy fall on the partnership front for OTTOMOTO, a technology provider for dealerships and finance companies to facilitate financing in the auto, RV, powersports, marine, and aircraft markets. The newest partnership for OTTOMOTO is with Conecta Marketing Group, which powers ConectaAuto.AI. From credit applications to final funding, OTTOMOTO’s platform is meant to […] [Read More]

SelectFI turned to the former vice president of engineering at ACV to be its chief technology officer. On Friday, the startup that offers artificial intelligence-driven customer financing solutions for automotive dealerships appointed Joe Peacock as CTO. Founded in 2023, SelectFI is a SaaS company serving auto dealerships with patent-pending technology that can enhance financing accuracy. […] [Read More]

On Monday, Consumer Portfolio Services recapped the success stemming from its decision to partner with SentiLink, a provider of advanced identity verification and fraud detection solutions. The subprime auto finance company said the partnership enabled CPS to improve its fraud prevention efforts while also saving the company approximately $1 million per quarter so far. SentiLink’s […] [Read More]

Roughly a year after a Wisconsin auto dealer group was penalized by the Federal Trade Commission and the Wisconsin attorney general for what authorities deemed to be discriminatory F&I activities, the FTC is beginning to send more than $1 million in refunds to consumers deemed to be impacted. The FTC began to deploy refunds last […] [Read More]

Fleet owners in the Chicago area and northern Illinois can now get cash back when they buy pre-owned electric vehicles. ComEd, the area’s electric utility company, has extended its business and public-sector fleet EV rebate program to include used electric fleet vehicles and repowered battery electric vehicles as well, to help reduce the costs of […] [Read More]

You would think that used-vehicle prices would be rising right now. After all, CARFAX opines in an analysis around its latest price index that supply of late-model vehicles has fallen (thanks to the 2021 leasing declines) and used-car demand has climbed thanks in part to lower interest rates and recent hurricanes have managed up to 347,000 cars — fueling the need for vehicle replacement ... [Read More]

Amid acknowledgement of operational challenges during the third quarter of its 2024 fiscal year, Proficient Auto Logistics on Wednesday appointed a new member to its board of directors. Joining the leadership group is Brenda Frank, who is currently is the group senior vice president of human resources, buying offices, of Ross Stores. Frank leads a […] [Read More]