Former Bank of America executive Jayson Crouch has joined Haig Partners, a buy-sell advisory firm to dealership owners, as its new managing director. Haig Partners said Crouch will help lead the firm’s growth on the West Coast. Crouch previously served as Bank of America’s senior vice president of national accounts, focusing on the top 150 […] [Read More]

Automotive Personnel CEO Don Jasensky asked this question when compiling his latest strategy recommendations for dealerships and finance companies. In a message to the industry and also with SubPrime Auto Finance News, Jasensky said, “What do NASA, Elon Musk and Warren Buffett look for when hiring?” After extensive study, the board member of the National […] [Read More]

Unifor reported this Monday that Unifor members at GM have ratified the pattern agreement stemming from successful negotiations with Ford of Canada. The hours-long strike at General Motors Canada ended last Tuesday under a tentative agreement between Canada’s Unifor and the Detroit 3 OEM to move forward with negotiations. The pattern agreement was ratified by […] [Read More]

Vehicle theft levels are rising in Canada. And areas like West Africa, the Middle East, Eastern Europe and more are receiving an influx of illegally exported and imported vehicles from Canada. Auto Remarketing Canada spoke with Trade X, an import/export online platform for dealers, to get a handle on legal versus illegal exports, and how […] [Read More]

CARS — which includes the Cars.com, Dealer Inspire, FUEL, DealerRater, CreditIQ and Accu-Trade.com properties — said Tuesday that it is rebranding its commercial enterprise to “Cars Commerce,” to unite its various commercial brands. The company said the Cars Commerce brand “more accurately reflects the industry leadership that has defined the enterprise over the last quarter-century […] [Read More]

Consumer confidence in fully automated self-driving vehicles has declined for a second consecutive year, according to J.D. Power’s latest research. The 2023 U.S. Mobility Confidence Index Study showed the score for consumer readiness for automated vehicles dropped two points to 37 on a 100-point scale from last year’s study, adding up to a five-point decrease […] [Read More]

It was tassel-turning time in the Windy City last month. Coinciding with this year’s NAAA Convention in Chicago, Auction Academy’s seventh class completed the final session of its two-year curriculum, capped by a graduation ceremony. Founded in 2012, Auction Academy now has celebrated the graduation of more than 135 students from its professional training program, […] [Read More]

For the second month in a row, Autonomy announced a partnership designed to scale its operations and offer streamlined electric vehicle ownership solutions across the United States. On Monday, the EV subscription company revealed a partnership with Atlantic Coast Automotive. As part of this partnership, Atlantic Coast Automotive dealerships equipped with Autonomy’s platform can offer […] [Read More]

Gabrielle Abinion, who at age 25 serves as general manager of Fox Valley Volkswagen in St. Charles, Ill., was honored with the Ally Sees Her award as an emerging auto dealership leader. The award was presented by Ally senior director of auto sales Juan Niebles during the National Association of Minority Automobile Dealers annual conference […] [Read More]

ACV chief executive officer George Chamoun summarized the five-year journey the company has taken to get to Monday and its newest tool deployment. ACV introduced ClearCar, which uses artificial intelligence and real-time market data to accurately price vehicles based on condition. “Some of the things we do are overnight successes, and some things are many […] [Read More]