For the second consecutive year, Asbury Automotive Group has been named one of the World’s Most Trustworthy Companies. Asbury, which operates 145 dealership locations and 37 collision repair centers as well as F&I provider Total Care Auto, ranked 54th among retail businesses on the annual list, compiled by Newsweek in collaboration with statistics portal Statista. […] [Read More]

There’s a new president at Carfax. Chief operating officer Scott Fredericks has taken on that role, a move that was effective Wednesday, parent company S&P Global announced. Fredericks succeeds Bill Eager the former CEO of Carfax, who became president of S&P Global Mobility on Aug. 15. Eager will become CEO designate of Mobility when Mobility […] [Read More]

Next up on our series of Auto Remarketing Podcast episodes from Canada’s Used Car Week in June is a panel discussion with honorees from the Women & Automotive Profiles in Leadership program. It’s titled, “Calm Counsel Amid Stormy Times.” Jamye Carpenter, vice president of customer success at Privacy4Cars, leads the discussion, which you can listen […] [Read More]

Experts see current bankruptcy trends as a reminder of 2008. According to data provided by Epiq AACER, total U.S. bankruptcy filings in August increased 6% year-over-year to 47,936. That’s up from 45,177 filings a year ago. Epiq AACER reported total individual bankruptcy filings came in 7% higher at 45,395. That’s up from the August 2024 […] [Read More]

Sarah Milovich, who is general counsel and vice president of compliance with Carleton, recently cautioned lenders that when loan calculators do not function properly “they are ticking time bombs of compliance risk.” Carleton followed up on Milovich’s assertions in her industry commentary by releasing findings from a nationwide survey highlighting the extent to which lenders […] [Read More]

The Canadian government is backing its commitment to electric vehicles with dollars. Minister of Housing and Infrastructure Gregor Robertson — the minister responsible for Pacific Economic Development Canada — speaking on behalf of Minister of Energy and Natural Resources Tim Hodgson, last week announced nearly $22.7 million in funding for eight projects aimed at improving […] [Read More]

ACERTUS, which provides an automotive logistics-as-a-service platform, has a new CEO. The company said Thursday that chief financial officer Michael DeLuca has taken on the top leadership post. With the leadership transition, ACERTUS is also adding two new roles: Kevin Oakleaf has been named chief legal counsel and secretary, while Gina Sheffler has been named […] [Read More]

Not all recalls are created equal. And according to Carfax’s data, the most dangerous kind of recalls is on the rise — in a big way. The provider of vehicle history reports warns of a “concerning spike” in “Do Not Drive” recalls issued by the National Highway Traffic Safety Administration, affecting hundreds of thousands of […] [Read More]

RunBuggy’s newest partnership aims to keep trucks running, rather than stopping. The auto logistics technology platform is collaborating with PrePass, a provider of integrated weigh station bypass and toll management services, to help RunBuggy’s network of auto haulers improve efficiency, reduce operational costs and keep moving. RunBuggy will refer its carriers to PrePass, the companies […] [Read More]

ACV kicked off several pilot programs in its second quarter and is using those learnings to fine-tune and craft next-generation, artificial intelligence-powered products, said the company’s CEO, George Chamoun. Chamoun commented on some of those endeavors during ACV’s conference call detailing its earnings for its second quarter, which ended June 30. Two pilot programs Chamoun […] [Read More]