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Bankruptcies turn upward in February
Tuesday, Mar. 15, 2022, 04:33 PM
BHPH Report Staff
Despite February being the shortest month on the calendar, Epiq and the American Bankruptcy Institute (ABI) spotted a sequential rise in total filings during the month. [Read More]
Dealer & automaker associations team up to end vehicle emissions
Tuesday, Mar. 15, 2022, 03:03 PM
Auto Remarketing Canada Staff
Three respective associations representing Canada’s new-car dealers, Big 3 automakers and international automakers are banding together to end vehicle emissions by 2035. Last week, the Canadian Automobile Dealers Association, the Canadian Vehicle Manufacturers' Association and Global Automakers of Canada announced the launch of the “Road to 2035,” an initiative designed to educate Canadians on what […] [Read More]
Toyota records 7 millionth CPO delivery
Monday, Mar. 14, 2022, 08:25 PM
Auto Remarketing Staff
The 7 millionth Toyota certified pre-owned vehicle to be retailed through the automaker’s program recently rolled over the curb at Holman Toyota in Mount Laurel Township, N.J. Toyota said on Monday that the vehicle marking this milestone for the CPO program that launched in 1996 was a 2019 Toyota Camry acquired by Wayne Maver Jr., […] [Read More]
NADA Show roundup: TIME Dealer of the Year, EV education & more
Monday, Mar. 14, 2022, 07:51 PM
Auto Remarketing Staff
Electric vehicles were discussed so much at NADA Show 2022, a portion of the shiny, new Las Vegas Convention Center was rebranded as Electric Avenue. As franchised dealers and their association learned more about the availability of and best practices for retailing EVs, the National Automobile Dealers Association also honored one of its own as the […] [Read More]
NAAA honors Schwartz, Barnard & Caruso at Total Access event
Monday, Mar. 14, 2022, 07:32 PM
Auto Remarketing Staff
On Thursday afternoon, a presentation at the National Auto Auction Association’s Total Access event delved into what the future could look like for automotive, particularly around microchips and electric vehicles. But earlier that day, the association took time to honor three of the most influential leaders in the auction industry’s recent history. Sandy Schwartz, the […] [Read More]
NAC hires former Portfolio exec for new sales role
Monday, Mar. 14, 2022, 04:26 PM
SubPrime Auto Finance News Staff
Tanya Stevenson spent more than 16 years at Portfolio. Stevenson now is bringing her experience and expertise to another F&I service provider. Last week, National Auto Care announced the addition of Stevenson, who joined the company as director of sales operations. In this role, the company said Stevenson will report to NAC chief integration officer […] [Read More]
KADA chooses ComplyNet as preferred partner
Monday, Mar. 14, 2022, 04:24 PM
Auto Remarketing Staff
Arriving soon after hiring its new chief executive officer and rolling out a solution in collaboration with industry partner 700 Credit, ComplyNet continued its momentum last week, announcing that it’s now the preferred partner of compliance and risk mitigation solutions for the Kentucky Automobile Dealers Association (KADA) ComplyNet will bring its 28 years of automotive-exclusive […] [Read More]
PayNearMe expands cash-payment network by adding Walgreens
Monday, Mar. 14, 2022, 04:19 PM
SubPrime Auto Finance News Staff
Contract holders in your portfolio who prefer to make their monthly payment in person with cash at a physical location now have more options thanks to the latest development from PayNearMe. The payments platform announced last week that Walgreens has joined the PayNearMe retail network, which enables PayNearMe clients’ customers to facilitate cash payments at […] [Read More]
Mitsubishi & SCUSA partner for ‘fast, fair and fun’ financing experience
Monday, Mar. 14, 2022, 04:17 PM
Auto Fin Journal Staff
Mitsubishi Motors North America (MMNA) and Santander Consumer USA are looking to make the vehicle-buying experience “fast, fair and fun.” To achieve that goal, the automaker and finance company announced a new partnership to provide customer and dealer financing programs. “Our experience creating and managing relationships, supporting dealer success and delivering industry-leading platforms, programs and […] [Read More]
8 capabilities of Shop With Ease solution from J.D. Power
Monday, Mar. 14, 2022, 04:15 PM
Auto Fin Journal Staff
J.D. Power wants a vehicle shopper to do more on the dealership’s website or the automaker’s online presence than just peruse through a vehicle’s photo gallery or review the model’s technology specifications. Last week, J.D. Power rolled out what the data analytics and consumer intelligence provider is calling Shop With Ease, which is designed to […] [Read More]
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