With the Fourth of July straight ahead, consumers likely will be using their “toys” designed for fun. To help ensure those times are enjoyable, Protective Asset Protection recently launched its new specialty tire and wheel coverage products for RV, marine and powersports units. The provider of F&I programs and services said product coverage is for […] [Read More]

Car IQ finalized its third relationship in the past year aimed at helping fleets leverage mobile payment technology. On Monday, the provider of vehicle payment solutions announced an agreement with PDI Technologies to utilize its mobile payment technology to process cardless payments via the mPAY application. The companies said through a news release that fleets […] [Read More]

Dealer trainer Alan Dickie joined the Auto Remarketing Podcast from the Canada’s Used Car Week podcast stage earlier this month in Toronto. In a one-on-one interview with Cherokee Media Group senior editor Joe Overby, Dickie discusses his role in the car business, his presentation on “The Laws of Leadership: Allowing Purpose to Provide Discipline” at […] [Read More]

Sonic Automotive said Thursday it has indefinitely suspended operations at eight of its EchoPark used-car stores and additional related delivery/buy centers. The move is being made in response to market conditions that have led to lower used-car supply availability and steeper wholesale vehicle prices “with unpredictable volatility.” The retailer said in a release that the […] [Read More]

OPENLANE announced Tuesday that its ADESA Canada and TradeRev platforms have been integrated into one consolidated OPENLANE Canada marketplace. Mark Endras, who is SVP of product at OPENLANE, discussed this integration and more from the Canada’s Used Car Week podcast stage earlier this month in Toronto. Listen to the conversation below and stay tuned for […] [Read More]

Customer satisfaction with the vehicle purchase process rose to a record high in May even as rising interest rates loomed as a potential problem, according to research by CDK Global. CDK’s Ease of Purchase Scorecard for May showed consumer satisfaction hit 84%, matching the highest percentage recorded for the monthly survey of 350 consumers who […] [Read More]

Point Predictive hosts roundtable discussions with auto finance companies, fraud experts and law enforcement officials in conjunction with the Non-Prime Auto Financing Conference orchestrated by the National Automotive Finance Association. Frank McKenna recapped some of what was shared during the event and how other finance companies can get involved during this episode of the Auto […] [Read More]

Cherokee Media Group’s Nick Zulovich again tracked down Amy Martin of S&P Global Ratings during this year’s Non-Prime Auto Financing Conference hosted by the National Automotive Finance Association. Martin highlighted the auto ABS trends catching her attention most so far this year and more in this episode of the Auto Remarketing Podcast. The conversation can […] [Read More]

Automotive services company Holman announced a new CEO on Tuesday. Carl Ortell is transitioning to a new post as vice chair of the company’s board, and Holman’s new chief executive is Chris Conroy, who has been with the company nearly 30 years, most recently as president and chief operating officer. In a news release, Holman […] [Read More]

Consolidation in the auto auction industry continued in a big way on Tuesday, with one of the largest groups expanding its reach in the Southwest. America’s Group announced it has acquired DAA Las Vegas from the McConkey Auction Group, a move that broadens America’s footprint to 38 locations and 19 states. McConkey Auction Group purchased […] [Read More]