America’s Car-Mart announced on Monday that William “Hank” Henderson — whose time with the buy-here, pay-here operation dated back to 1987 — passed away unexpectedly on Saturday. Rising up the company ranks, Henderson served as Car-Mart’s chief executive officer from October 2007 to December 2017. “We are saddened by the loss of our colleague. Our […] [Read More]

Hertz’s efforts to support electric vehicle use has received a glowing endorsement. The rental car giant was among 15 individuals and organizations named as recipients of the 2023 Drive Electric Awards, presented by Plug In America, a national nonprofit organization dedicated to accelerating the shift to EVs. Plug In America said the awards recognize those […] [Read More]

As an independent dealer, Kendra Brown knows what issues dealers are facing. As a marketing expert and founder and chief strategy officer of The Dream Team Media Company, she also knows how to help dealers solve many of those issues. Kendra joins Cherokee Media Group associate editor Andrew Friedlander on the show to talk about […] [Read More]

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]