Let’s begin a new week with some upbeat projections based on the thinking from more than 300 chief financial officers and other senior finance executives. BillingPlatform recently released its 2022 Trends in Finance Survey: Market Outlook & Strategies for Revenue Growth report. The revenue management solution provider said its findings offer an in-depth look at how […] [Read More]

The Consumer Financial Protection Bureau (CFPB) wants to make it easier for individuals to have a say in how credit bureaus, auto finance companies and other providers of financial services are regulated by the agency. Last week, in an effort for what the CFPB described as an easier path for the public to engage meaningfully […] [Read More]

Some good news-bad news for dealerships’ used-car operations. Sales are somewhat soft, but supply is improving — in fact, days' supply of unsold retail used vehicles is at its highest level in more than a year, according to Cox Automotive. [Read More]

Fraud is certainly complex. But for this monthly episode of the Auto Remarketing Podcast focused on fraud, we go back to the definitions and roots of fraud with Point Predictive’s Justin Davis and Frank McKenna. Davis and McKenna not only shared easy to understand concepts, they also offered suggestions to help dealerships and finance companies […] [Read More]

Cox Automotive announced enhancements to Remote Signing on Dealertrack Digital Contracting, and dealership clients already are seeing benefits when catering to vehicle buyers who want to take delivery as quickly as possible. Mark Garcia is F&I manager at Nissan of Boerne in Boerne, Texas, which is located about 30 miles northwest of San Antonio. “Remote […] [Read More]

Reynolds and Reynolds wants to be an important conduit in connection with dealership, automakers and the rest of the industry. So, on Thursday, the company announced today the expansion of its customer ambassador initiative with the addition of a new industry relations role. Reynolds explained the goal of the new position — which is being […] [Read More]

The automotive topic de jour — low vehicle supply, driven by a chip shortage, among other factors — is certainly at play in the iSeeCars.com list of fastest-selling used vehicles in January. But there’s another major macro-economic driver leading to many of these cars flying off dealer lots: good ol’ fashioned high gas prices. The […] [Read More]

About a month after elevating two of its current attorneys to be partners, Hudson Cook added to its portfolio legal expertise by welcoming a new partner and two new associates this week. Brought in to reinforce the firm’s litigation and government investigations practice areas, Hudson Cook hired Julia Whitelock as a new partner and Gabriela […] [Read More]

Vroom said Wednesday it has launched an “Extended Mile” hub in Statesville, N.C., which is just over 40 miles from Charlotte. This Statesville hub is designed to offer “a more customized driveway experience” for more than 2.6 million people in the state This hub has storage capacity of up to 1,000 vehicles, making it one […] [Read More]

EchoPark Automotive has its first-ever chief operating officer. Parent company Sonic Automotive said Thursday that it has promoted Tim Keen to the position, where he will focus solely on expanding the line of used-car stores nationally. Keen was most recently executive vice president of operations for both Sonic and EchoPark, a role he had held […] [Read More]