CarMax’s credentials as an employer are hard to argue with. The national used-car retailer has added another accolade in that area this week, as Fortune magazine and Great Place To Work have named CarMax as one of the 100 Best Companies to Work For in 2025  — the 21st consecutive year it has earned that […] [Read More]

Another Megasite is on the way. Carvana announced its seventh combined auction/reconditioning/inspection facility will be opening soon at the ADESA New Jersey wholesale auction location in Manville, N.J. “By integrating Carvana reconditioning capabilities at ADESA New Jersey, we are using our existing infrastructure to drive new customer benefits while also increasing our total production capacity […] [Read More]

AutoNation’s already formidable presence in the Denver market has grown again. The nationwide auto retailer said it has acquired Groove Ford and Groove Mazda in suburban Englewood, Colo., from Summit Automotive Partners. With the new additions, AutoNation now operates 22 locations in Colorado, mostly concentrated in the Denver metro area. The new stores are the […] [Read More]

Within a month of rolling out a tool designed to automatically verify lienholder changes, MBSi introduced another solution aimed at improving processes associated with vehicle repossessions. MBSi highlighted that this new tool — Smart Invoicing — was designed in collaboration with repossession agencies to solve structural industry invoicing challenges. The company indicated Smart Invoicing can […] [Read More]

The modern automotive dealership generates a staggering amount of paperwork. Dealerships handle a massive influx of sensitive data, from sales contracts and financing agreements to service records and warranty information. In an era where data security and operational efficiency are paramount, the transition to cloud-based document management is no longer a luxury but a necessity. […] [Read More]

FlexPath DXP, a provider of digital identity verification and credit prequalification, announced a strategic partnership on Wednesday with Nabthat, an automotive dealership website platform provider. The companies said this collaboration integrates FlexPath’s patent-pending VeriQual solution directly into Nabthat’s dealer websites to enhance consumer engagement, lead conversion rates and data accuracy. Executives highlighted Nabthat’s integration with […] [Read More]

The opportunity to finance the contract for a Tesla delivery has been beneficial for credit unions working with Origence. The credit union lending technology company announced on Wednesday that its subsidiary, FI Connect, funded $1 billion in Tesla deliveries in its first year of operations. Origence said FI Connect enabled financing opportunities for 34 credit […] [Read More]

Last week, CalAmp announced the relocation of its corporate headquarters from one California city to another, shifting from Irvine to Carlsbad. The technology and asset tracking company said this strategic move is designed to streamline operations and further align the focus on its core technical hub, where much of its engineering, product development, and hardware […] [Read More]

Evidently keeping up with monthly car payments isn’t the highest priority nowadays. And experts from VantageScore see the delinquency landscape for auto finance potentially deteriorating further when some consumers again must navigate payments of student loans. Auto-loan delinquencies increased across each days-past-due category for the second straight month, according to the February edition of CreditGauge […] [Read More]

With vehicle affordability already an issue and tariffs on the way, car shoppers are certainly on the lookout for value. Cars.com’s answer to that call is its 2025 Affordability Report: Best Value New Cars, a guide designed to help consumers get the most for their money in a changing market by identifying the new vehicles […] [Read More]