There is no perfect used car (or a new one, for that matter). If you’ve ever worked at a franchise dealership, you’ve had brand-new vehicles that still needed some level of attention. The ironic thing is that consumers don’t expect used vehicles to be perfect, either. Consumers say they get nervous and skeptical when vehicles […] [Read More]

Continuing our Auto Remarketing Podcast episodes originating from this year’s NIADA Convention in Las Vegas, Cherokee Media Group’s Nick Zulovich shared a conversation with NextGear Capital president Scott Maybee. Among other topics, the pair discussed how independent dealerships are remaining resilient financially as the cost of funds and doing business continues to escalate. The conversation […] [Read More]

F&I and dealer training provider JM&A Group has created a free career advancement program for women in retail automotive that it says is the first of its kind. The program, geared toward increasing representation and opportunity in the automotive industry, aims to elevate talent and expand opportunities for minority groups by offering free, immersive training […] [Read More]

Car IQ is compiling quite a fleet of relationships to spread the use of its payment technology. The company on Wednesday teamed up with Visa to enable vehicles to transact directly with Visa’s global ecosystem of merchants and banks, and purchase fuel, tolls, parking, insurance, service, and repairs using the Car IQ Pay vehicle wallet. […] [Read More]

Experts said credit scores are generally higher nowadays, but outstanding portfolios aren’t necessarily reflecting a financial health often seen with contracts connected to higher points on the credit spectrum. A new TransUnion study determined that median credit scores — aided by government assistance programs, lower credit usage and loan payment forbearance offerings — increased markedly […] [Read More]

Sometimes, finance companies literally are doing damage control when vehicles in their outstanding portfolio are involved in crashes, weather events or other incidents. On Wednesday, Solera Global Corp launched Intelligent Triage, a web browser-based tool the company said can eliminate the need for extensive integrations or software installations. Solera highlighted this global visual intelligence service […] [Read More]

The American Recovery Association packed an agenda for its next information webinar, with a trio of experts set to discuss four of the most pressing topics impacting repossession agents nowadays. The session also is scheduled to include two of the industry representatives in Washington, D.C., who plan to give an update on what’s happening on […] [Read More]

Informed.IQ shared new data on Wednesday that pinpointed the top 10 states the company has seen applicants with overstated income as well as applicants submitting fake paystubs. The states where applicants most often overstate their income by 10% or more, sorted by the percentage of applicants within the state who are overstating their income, include: […] [Read More]

For the third consecutive year, the Enterprise Holdings ROAD Forward initiative is awarding grants to more than 600 local nonprofit organizations as part of Enterprise’s five-year, $55 million ROAD Forward commitment. This year’s round of grants to local nonprofits, totaling more than $7 million, will be distributed from the organization’s 70-plus operating groups in the […] [Read More]

Dealerware, a fleet management technology provider serving automotive retailers, has launched an integration with the Toyota app designed to simplify vehicle rental experiences for Toyota customers and save Rent a Toyota fleet managers time and money. The integration gives Toyota customers a mobile tool for rental reservation management, allowing them to create, modify and cancel reservation […] [Read More]