The campaign to prohibit what the regulators are continuing to call “junk fees” intensified again this week as the Biden administration, the Federal Trade Commission and the Consumer Financial Protection Bureau all made moves associated with the topic. First, the FTC announced a new proposed rule involving “junk fees” that the regulator said are “hidden […] [Read More]

Vehicle theft has continued to rise in 2023 and is on pace to set a record, according to the latest report from the National Insurance Crime Bureau. NICB — the insurance industry’s not-for-profit association dedicated to predicting, preventing and prosecuting insurance crime — found nearly 500,000 vehicles were reported stolen nationwide in the first half […] [Read More]

Automotive communications intelligence platform CallRevu has launched ServiceVision Pro, an artificial intelligence-powered technology tool designed for retail automotive fixed operations. In a news release, CallRevu called ServiceVision Pro a “paradigm shift” for fixed ops departments, offering “unparalleled call coverage, real-time alerts and transformative insights.” The tool is designed to provide comprehensive coverage on fixed ops […] [Read More]

SYCN Auto Logistics has released its new user platform, SYCN 3.0. In a news release distributed this week, the company said the updated platform is designed to “transform the way customers interact with the company’s services” with greater flexibility and convenience in managing auto transport needs. The increased flexibility includes allowing customers to configure and […] [Read More]

Every year-over-year comparison made by bankruptcy experts after reviewing filing data through the first three quarters of this year showed an increase. According to data provided by Epiq Bankruptcy, total individual filings registered through the first nine months of the year increased 17% to 313,458 filings. That’s up from the 268,884 filings completed during the […] [Read More]

Employees of AutoNation celebrated the company’s Drive Pink Across America Day on Thursday with an act of service for those battling cancer. A team of South Florida AutoNation associates gathered at Hard Rock Stadium in Miami Gardens to fill 450 Totes for Hope cancer comfort bags, and delivered them throughout the afternoon to patients undergoing […] [Read More]

The Consumer Financial Protection Bureau (CFPB) released a special edition of its Supervisory Highlights this week. A portion focused on a topic that industry experts such as Allied Solutions cautioned finance companies about navigating carefully. The report delved into ancillary product refunds, especially when a vehicle is repossessed. The CFPB said its examiners again found […] [Read More]

Artificial intelligence-powered vehicle inspection platform PAVE has been honored in the annual AutoTech Breakthrough Awards — named the overall fleet management company of the year. The awards, conducted by AutoTech Breakthrough, received 1,600 nominations this year from over 15 countries. “Anyone who can take photos with a smartphone can use the PAVE product, and our […] [Read More]

HGreg is opening its new storefront HGreg Infiniti Blainville, also to serve as a new facility for HGreg Nissan Blainville. The dealership invested $26 million to adapt the dealerships to fit the new Nissan and Infiniti brand images, the dealer group said in a press release. “The HGreg Group is a leader in the Quebec […] [Read More]

The volume of vehicles coming down the fleet or off-rental lanes at your auction of choice might be picking up in a few months. Cox Automotive posted an analysis of Bobit data that highlighted September sales into large rental, commercial and government fleets increased notably year-over-year. Analysts discovered sales to large fleets — excluding dealer […] [Read More]