More evidence surfaced last week about how stretched family budgets are nowadays, with a survey by Kashable indicating more than 80% of Americans do not have an emergency fund. But the fintech platform that provides “socially responsible credit” and financial wellness solutions as an employer-sponsored voluntary benefit also found 59% of respondents still feel confident […] [Read More]

Go Auto plans to continue to grow and the dealership group is interested in acquiring franchises in Western Canada, the dealership group’s president Phil Abram told Auto Remarketing Canada. But it is also eying further expansion in the United States, he said. “Acquisitions are always challenging to forecast in terms of exact timelines, but I can say that we are always looking for ... [Read More]

A federal judge in Illinois has granted preliminary approval to a settlement in which CDK Global agrees to pay $100 million to resolve claims in an antitrust lawsuit. The class-action suit was filed in 2017 by dealerships accusing CDK and rival dealership management software provider Reynolds and Reynolds of colluding and conspiring to “restrain and/or […] [Read More]

It is no surprise; American shoppers are spending more time and money than ever before online. This surge in e-commerce has created a new breed of customer and economy, dubbed the Engagement Economy. There has been a dramatic rise in online shopping in the last four years. Many consumers are making online purchases every single […] [Read More]

And are you ahead — or behind? We all know that many games are won or lost in the fourth quarter –— not the first. It’s time to evaluate the game plan. Is it working? Do you need to adjust? How will you do it? A common trait at the most successful dealerships is they […] [Read More]

Walser Automotive Group’s commitment to addressing the nation’s shortage of skilled automotive technicians reached a tangible milestone last week. The dealership group joined WSU Tech – Wichita State University’s Campus of Applied Sciences and Technology – in unveiling the Walser Automotive Service Lab, part of a $3 million renovation to WSU Tech’s automotive service facility […] [Read More]

Alvaro Bedoya of the Federal Trade Commission played his own version of 20 questions last week. Bedoya actually posed 50 questions during a speech at ForumGlobal’s sixth annual Data Privacy Conference USA in Washington, D.C., pondering queries connected with privacy, artificial intelligence and more. After explaining to the gathering how he was going to approach […] [Read More]

Launcher, a technology provider specializing in automotive financing originations, announced a strategic integration partnership last week with OTTOMOTO, a dealer auto retail finance platform offering a full suite of desking tools. The companies highlighted the partnership allows finance companies using Launcher’s appTRAKER loan origination system to streamline the process of indirect financing with dealers utilizing […] [Read More]

StoneEagle recently revamped its leadership team, and last week, the F&I solutions provider ventured into the compliance business to offer cost-effective solutions for the benefit of the industry and consumers. As a part of StoneEagle’s enterprise solutions, the company that’s been in operation for more than 35 years highlighted that StoneEagleCOMPLIANCE, along with StoneEagleADMIN and […] [Read More]

Cars Commerce’s latest look at the used-vehicle market is an old story. As in, older cars have become the dominant force driving supply and vehicle values, according to the company’s monthly Industry Insights Report for August. The report, based on data from Car Commerce’s platforms, including Cars.com, Dealer Inspire and AccuTrade, shows used-car inventory up […] [Read More]