How about some good news connected with the pandemic? A recent analysis by S&P Global Mobility determined the availability of semiconductor chips that took a drastic toll on all facets of the automotive industry seems to have abated significantly. Experts said that by the middle of this year, the worst of the chip shortage fallout […] [Read More]

Multiple experts pointed to the likelihood of another interest-rate uptick coming later this month, potentially pushing up the cost of funds at your finance company and the rate attached to the contracts you might originate. Those same experts cited similar reasons why the Federal Reserve likely will nudge the federal funds rate up another 25 […] [Read More]

The used-vehicle market is as complicated as it is interconnected. Market fluctuations in one segment (for example, repossessions volumes or lease originations) can affect the state of another (availability of wholesale supply), which in turn can influence another (inventory of retail vehicles from which consumers can choose). With that in mind, Cherokee Media Group presents […] [Read More]

Zeigler Automotive Group has acquired four dealerships in Holland, Mich., in a purchase of Elhart Automotive from Jeff Elhart. The dealerships have been renamed Zeigler Kia of Holland, Zeigler Nissan of Holland, Zeigler Hyundai of Holland and Zeigler GMC of Holland. The Kia dealership is the first in Zeigler’s portfolio. Zeigler, based in Kalamazoo, Mich., […] [Read More]

Flexcar and Mercedes-Benz — automotive companies with a strong presence in Atlanta — are working to strengthen their connection to the community through its professional sports teams. Flexcar, a Boston-based vehicle subscription service that began operating in Atlanta in 2021, announced a partnership with the Atlanta Braves. The deal features advertisements in Truist Park, the […] [Read More]

As part of Used Car Week 2023, set for Nov. 6-9 at the Westin Kierland in Scottsdale, Ariz., Cherokee Media Group is launching the “Can Con” event. Can Con, which will be held during the First Block of Used Car Week, will offer agenda content specific to the Canadian used-car retail, remarketing and auto finance […] [Read More]

Rifco National Auto Finance president and chief operating officer Roger Saran and Chris Dyck, the company’s manager of credit and dealer services, join the Auto Remarketing Podcast from the Canada’s Used Car Week Podcast Stage. They talk with Cherokee Media Group senior editor Joe Overby about the auto finance trends they’re watching this year, differences […] [Read More]

Lenders that use Inovatec Systems now have reinforced tools to originate auto loans with more confidence about the consumer connected to the contract This week, the provider of cloud-based software solutions for lenders announced it has formed a partnership with Paays Financial Technologies, a provider of advanced risk management solutions for banks, credit unions, finance […] [Read More]

One of Byrider’s franchisees started the second half of the year by expanding its footprint in Kentucky. Byrider announced this week that franchise ownership group Garber Ventures opened a location in Elizabethtown, Ky., representing Byrider’s seventh location in the Blue Grass State. Garber Ventures now has five Byrider stores, with another rooftop in Louisville, Ky., […] [Read More]

Gene Daughtry’s travels take him from Texas to Connecticut and elsewhere, examining buy-here, pay-here dealership operations and offering recommendations to sharpen collections, reconditioning and other business segments. The senior consultant with AMS Consulting was in Las Vegas last month for the annual NIADA Convention and spent time with Cherokee Media Group’s Nick Zulovich for this […] [Read More]