They say what goes around, comes around. In this case, what has come back around are two car dealerships, now back in the hands of Mark Escude II after his family’s dealership group sold them a year ago. Escude’s new Escude Automotive Group, based in Greer, S.C., has acquired the local dealerships — Fred Anderson […] [Read More]

Empire Indemnity Insurance Company Risk Retention Group recently joined the business partner program orchestrated by the Texas Independent Automobile Dealers Association (TIADA). This strategic partnership aims to support TIADA’s education and legislative and regulatory efforts on behalf of independent dealers in the Lone Star State. “Joining the TIADA business partner program is a significant milestone […] [Read More]

Dealio Technologies recently completed the acquisition of Auto Loan Technologies — better known as AutoZoom, which is a risk analytics system utilized by buy-here, pay-here dealers. The result of the move is a revamped tool for operators now called Dealio Zoom with AutoZoom. Founded in 2002 by Scott Carlson, Auto Zoom has helped dealers consistently […] [Read More]

eSTART is off to a fast start. The eSTART Coalition, an organization seeking to modernize title and registration processes across the country by facilitating advocacy for state and local governments to adopt electronic options, announced its launch in March with 18 founding members, including the National Automobile Dealers Association, Carvana, DocuSign, IAA and ACERTUS. Five […] [Read More]

Solera Auto Finance has new owners and branding. Obra Capital, an asset management firm with a specialized approach to alternative investing, on Tuesday announced a buyout of the finance company from Solera Corp. First launched at NADA Show 2022, Obra said the finance company now will be known as Arra Finance after developing relationships with […] [Read More]

In a discussion about how technology can transform the way fleets monitor the condition of their vehicle fleets, a good place to start is to ask the question: Why don’t fleets consistently monitor the condition of their vehicles? The short answer is because it is operationally cumbersome. Continuously monitoring the condition of a sizeable fleet […] [Read More]

The next episode of the Auto Remarketing Podcast originating from this year’s Canada’s Used Car Week in Toronto is designed to give dealerships a path toward growth with dynamic automotive advertising. Steve Kisic, who is based in Toronto as a national sales manager at PureCars, brings diverse automotive knowledge to the table, having worked for […] [Read More]

Call tracking and analytics provider Car Wars and GoTo, a provider of IT and business communications systems, announced a renewed commitment to their partnership to “bring automotive dealers an even more powerful and seamless integration.” The companies said the renewed partnership leverages GoTo Connect’s latest set of APIs for immediate integration improvements with CarWars and […] [Read More]

A new study shows owners of electric vehicles are far more likely than the rest of the population to use “smart” technology in their homes. That not-so-surprising fact was confirmed by research from market research and consulting company Parks Associates, whose latest study, EV Charging at Home: User Demand and Preferences, found 72% of EV […] [Read More]

Automotive sell-side advisory firm Kerrigan Advisors announced it has added former AutoNation executive Chris Gempton as senior vice president of sell-side advisory. The new SVP will open Kerrigan Advisors’ new Florida office in Miami, which will serve clients in the Southeast, a market the company said is very active for dealership buy/sell transactions. Kerrigan Advisors […] [Read More]