Feldman Automotive Group made its biggest deal yet. The dealership group, based in New Hudson, Mich., has acquired Firelands Auto Group from Patrick O’Brien, a transaction that includes four stores in Northern Ohio. The addition of Firelands Chrysler Dodge Jeep Ram, Firelands Toyota and Firelands Honda in Sandusky, and Firelands Chevrolet in Vermilion brings Feldman’s […] [Read More]

Carvana’s integrated auction-recon sites are coming fast and furious. On the heels of last week’s announcement of a combined facility at ADESA Syracuse, the online used-car retailer revealed plans for its next such site, this one at ADESA Chicago in Hoffman Estates, Ill., where an inspection and reconditioning center will be added to the existing […] [Read More]

Toya McLeod of Southlake, Texas won the top prize as the world champion auto auctioneer at the 2026 World Automobile Auctioneer Championship last week at Dealers Auto Auction Memphis in Eads, Tenn. Another Texan, Graci Sherman of Lubbock, claimed the ringman title, and Tennessee’s Blake Walker and Alabama’s Donnie Marr won the team competition. McLeod, […] [Read More]

Melissa Hentschel served as chief client officer of Onbe for three years. On Wednesday, Hentschel became chief executive officer, also joining the Onbe board of directors. The corporate payouts platform said Hentschel succeeds Bala Janakiraman, who is retiring after nearly five years leading the company and serving on the board. According to a news release, […] [Read More]

Save the date for Used Car Week 2026, taking place Nov. 16–19 at the Manchester Grand Hyatt in San Diego. The Auto Fin Track covers the full spectrum of auto finance, from subprime to prime, and examines regulatory impacts and fintech issues such as artificial intelligence and emerging technologies. The National Remarketing Conference Track provides […] [Read More]

Auto Financial Group (AFG), one of the nation’s leading sources of residual based financing and vehicle remarketing for financial institutions, signed up four new credit unions to its program during the first quarter. Now using its Walk-Away Balloon Lending Program are Advantage Federal Credit Union, Ancorum Credit Union, Gulf Coast Federal Credit Union, and Pacific […] [Read More]

Credit Union Leasing of America (CULA) now supports vehicle leasing in 35 states through more than 40 credit union partners thanks to the newest partnership announced on Wednesday. CULA is now working with Frontier Community Credit Union, a Kansas-based credit union serving more than 18,000 members and managing more than $204 million in assets. This […] [Read More]

This week, Alfa announced the expansion of Alfa Systems, its SaaS platform for equipment and automotive finance, to support commercial loan operations. Already adopted by several commercial loan providers, the company highlighted Alfa Systems can bring together originations, servicing, payments, and risk management capabilities to help commercial lenders streamline operations and enhance control across multiple […] [Read More]

Launcher Solutions announced a collaboration with Experian on Tuesday. The provider of loan origination technology for automotive and consumer lenders is integrating Experian Verify directly within the appTRAKER Loan Origination Platform, enabling real-time income and employment verification. According to a news release, this integration can enable lenders using Launcher’s appTRAKER platform to access automated income […] [Read More]

Triggered in part by five accomplishments while with the company for the past eight years, Nordis Technologies on Wednesday named chief operating officer Nicole Miller to the additional role of president. The provider of omnichannel customer communications management and payments technology solutions said Miller is now leading all day-to-day operations as founder Ronnie Selinger steps […] [Read More]