Here comes more potential financial assistance for aspiring automotive technicians. Garage Gurus, the training and support platform from Tenneco’s DRiV group, said it will again award up to $30,000 in scholarships to future automotive technicians who are accepted or currently enrolled in accredited, U.S.-based automotive technical schools, colleges and universities, or enrolled full-time at a […] [Read More]

This week was another busy one for companies that operate in alternatives to vehicle ownership, as announcements arrived from Autonomy, Kyte and FINN. Beginning first with Autonomy, the electric vehicle subscription company offering consumers what executives believe is the cheapest, fastest and easiest way to get into a Tesla Model 3 is now expanding its […] [Read More]

Fueled in part by acquisitions during the past year of MAX Digital, Drivably and Monk SAS, ACV said its workforce now tops 2,000 teammates across its North American footprint. And the digital automotive marketplace and data services partner for dealers and commercial partners welcomed its newest employee on Friday, as ACV expanded its senior leadership team […] [Read More]

From vintage clothing to retro furniture finds, Ally Financial said that thrifting is the shopping mode of choice for many Gen Z and millennial consumers as they look for ways to lessen their impact on the environment. According to a new survey orchestrated by the finance company, the same approach now holds true for vehicle […] [Read More]

With thousands of franchised dealers gathering in Las Vegas earlier this month, this episode of the Auto Remarketing Podcast delves into the potential for fraud happening at dealerships. The March installment of our monthly look at fraud with Point Predictive’s Justin Davis and Frank McKenna includes recommendations to help dealerships keep fraud from coming through […] [Read More]

In a conversation recorded during NADA Show 2022 in Las Vegas, Paul McCarthy of AUL Corp. shared recommendations for dealers to help them keep the strong profit momentum they’re currently enjoying in the F&I department. The senior vice president of agency and dealer sales talked with senior editor Nick Zulovich before news surfaced that AUL […] [Read More]

The Federal Trade Commission (FTC) took action against a firm that used a government website as part of its scheme connected with consumer credit reports. This week, the FTC obtained an order halting a credit repair scheme that allegedly bilked consumers out of millions of dollars by falsely claiming they will remove negative information from […] [Read More]

EBlock has been on the fast track to business expansion and growth in both its home — Canada, where it launched in 2015 — as well as the United States, which it entered in 2019.  Jason McClenahan, who is president and chief executive officer of EBlock parent company E Inc., said in an episode of […] [Read More]

Given the widespread challenges from vehicle inventory shortage and supply chain issues, there was a 10% year-over-year decline in the number of units that entered the lanes of NAAA-member auctions last year, according to the association’s annual industry survey.   There was also a 4.6% drop in the number of cars that entered auction lanes […] [Read More]

DealerSocket is looking to help operators get their inventory to stand tall on the front line faster, especially if the vehicles are arriving in rough shape and need notable repairs. On Wednesday, DealerSocket announced a partnership with AutoMobile Technologies, an industry leader in auto reconditioning software, to provide integrated vehicle reconditioning management capabilities to its […] [Read More]